Delaware, known as the "First State," is charming, with stunning beaches, quaint towns, and a rich historical heritage. Take a step back in time and explore the state's vast museums and cultural attractions, like the First State Heritage Park and the Zwaanendael Museum. In addition, the University of Delaware and Delaware State University offer exceptional learning opportunities for those seeking higher education. Delaware's economy thrives on industries like finance, chemical production, and agriculture. These industries play a vital role in driving the state's economy, providing ample job opportunities for residents.

But Delaware is not just about work. It also offers endless opportunities for outdoor recreation, from fishing in the Delaware Bay to hiking in the state parks. You can also explore famous attractions like the Hagley Museum and Library, the Winterthur Museum, and the historic town of Lewes. For those seeking more entertainment and interests, the Delaware Theatre Company, the Delaware Museum of Natural History, and Dewey and Rehoboth beach towns are just a few examples of the many activities available.

Delaware offers beautiful beaches, picturesque towns, rich history, and a unique blend of urban vibrancy and coastal charm, making it a great place to call home.

Rental Market Trends

Newark, DE

As of July 2025, Newark's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Newark's average rent is 1.5% ($25) higher than the Delaware average of $1,715 and 2.0% ($35) lower than the U.S. average of $1,775.

Average Rent

$1,740

Monthly ChangeMonth Over Month Change

1.3% ($23)

Yearly ChangeYear Over Year Change

1.1% ($19)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,638	2.1% ($35)	3% ($48)
2 Beds	$1,949	3.8% ($72)	10.4% ($184)
3 Beds	$2,307	5.1% ($125)	3.9% ($87)

Nearby Cities	Average Rent	Avg. Rent vs. NewarkAverage Rent vs. Newark	Avg. Days on MarketAverage Days on Market
New Castle	$1,383	20.5% ($357)	30 days
Bear	$2,064	18.6% ($324)	29 days
Elkton	$1,926	10.7% ($186)	26 days
Wilmington	$1,369	21.3% ($371)	35 days
Middletown	$2,357	35.5% ($617)	30 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Newark Rental Market FAQs

Explore rental prices, market trends, and availability in Newark, DE.

What is the average rent in Newark, DE?

The average rent in Newark, DE is $1,740 per month.

What is the rental price range for houses in Newark, DE?

Houses in Newark typically rent for between $1,147 and $2,999 per month, with an average of $1,740 per month.

What is the average rent for different bedroom sizes in Newark, DE?

In Newark, the average rent for a 1-bedroom house is $1,638 per month, for a 2-bedroom house, $1,949 per month, and a 3-bedroom house is $2,307 per month.

How do rent prices in Newark, DE compare with the national average?

The average rent in Newark is 2% ($35) lower than the national average of $1,775 per month.

How have rent prices in Newark, DE changed recently?

The average rent in Newark has decreased by 1.3% ($23) in the last month and decreased by 1.1% ($19) over the past year.

How competitive is the rental market in Newark, DE?

The rental market in Newark, DE, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Newark, DE?

In Newark, DE, the average rental stays on the market for approximately 29 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Newark, DE?

There are currently 24 rental properties available in Newark, DE.

Can I afford to rent a house in Newark, DE?

Based on the current averages, a household would need an annual income of $77,960 to comfortably afford a 2-bedroom house in Newark.