Apartments for Rent in Newark, DE

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What to Know About

Life in Newark & Beyond

Newark shares many of the great qualities that make Delaware a desirable place to live.

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 August 2025, Newark's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Newark's average rent is 2.0% ($36) higher than the Delaware average of $1,768 and 0.8% ($14) higher than the U.S. average of $1,790.

Average Rent
$1,804
Monthly ChangeMonth Over Month Change
Increased3.7% ($64)
Yearly ChangeYear Over Year Change
Increased4% ($69)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,710 Increased4.4% ($72) Increased7.1% ($114)
2 Beds $1,988 Increased2% ($39) Increased13.1% ($231)
3 Beds $2,345 Increased1.6% ($38) Increased0.6% ($14)
Nearby Cities Average Rent Avg. Rent vs. NewarkAverage Rent vs. Newark Avg. Days on MarketAverage Days on Market
New Castle $1,383 Decreased23.3% ($421) 30 days
Bear $2,064 Increased14.4% ($260) 29 days
Elkton $1,932 Increased7.1% ($128) 26 days
Wilmington $1,404 Decreased22.2% ($400) 35 days
Middletown $2,528 Increased40.1% ($724) 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.

The average rent in Newark, DE is $1,804 per month.
Apartments in Newark typically rent for between $1,197 and $3,049 per month, with an average of $1,804 per month.
In Newark, the average rent for a 1-bedroom apartment is $1,710 per month, for a 2-bedroom apartment, $1,988 per month, and a 3-bedroom apartment is $2,345 per month.
The average rent in Newark is 0.8% ($14) higher than the national average of $1,790 per month.
The average rent in Newark has increased by 3.7% ($64) in the last month and increased by 4.0% ($69) over the past year.
The rental market in Newark, DE, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
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.
There are currently 26 rental properties available in Newark, DE.
Based on the current averages, a household would need an annual income of $79,520 to comfortably afford a 2-bedroom apartment in Newark.
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