Studio Rent · July 2026

Studio Apartment Rent in New Castle, DE

$1,240/mo

Median asking rent for a studio apartment in New Castle, Delaware as of July 2026. That's +29% lower than the citywide median of $1,747 and +4% below the national studio median of $1,290.

Studio median
$1,240
July 2026
vs city overall
-29%
$1,747 city median
vs national
-4%
$1,290 US median
Delaware rank
#3
of 9 cities

Income needed for a studio in New Castle

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$49,600
Monthly gross
$4,133
Hourly (full-time)
$23.85

Rent by apartment size in New Castle

Compare New Castle's median rent across every apartment size.

Studio (current)
$1,240
1-Bedroom
$1,370
2-Bedroom
$1,630
3-Bedroom
$1,960
4+ Bedroom
$2,230

Cheapest cities for a studio in Delaware

#CityStudio rent
1Milford$1,020
2Dover$1,165
3New Castle (this page)$1,240
4Claymont$1,270
5Wilmington$1,277
6Lewes$1,330
7Newark$1,370
8Middletown$1,510
9Bear$1,700

Most expensive cities for a studio in Delaware

#CityStudio rent
1Bear$1,700
2Middletown$1,510
3Newark$1,370
4Lewes$1,330
5Wilmington$1,277
6Claymont$1,270
7New Castle (this page)$1,240
8Dover$1,165
9Milford$1,020

Nearby cities — studio rent

Considering nearby alternatives? 4 of these cities have cheaper studio rents than New Castle.

CityDistanceStudio rentvs New Castle
Bear, DE8 mi$1,700+$460 (+37%)
Newark, DE8.6 mi$1,370+$130 (+10%)
Glen Mills, PA19.2 mi$2,060+$820 (+66%)
Exton, PA27.2 mi$1,920+$680 (+55%)
Malvern, PA28 mi$1,890+$650 (+52%)
Devon, PA30 mi$1,810+$570 (+46%)
Darby, PA30.3 mi$902$-338 (-27%)
Upper Darby, PA31.6 mi$1,170$-70 (-6%)
Ardmore, PA32.3 mi$1,580+$340 (+27%)
Dover, DE32.9 mi$1,165$-75 (-6%)
Woodbury, NJ35.3 mi$1,460+$220 (+18%)
Spring City, PA36.3 mi$970$-270 (-22%)

Studio rent in New Castle — common questions

How much is a studio apartment in New Castle?

As of July 2026, the median studio apartment rent in New Castle, Delaware is $1,240 per month. This is +29% below the citywide median of $1,747.

What income do you need to afford a studio in New Castle?

Using the standard 30% rent-to-income rule, you would need an annual income of about $49,600 ($4,133/month gross), which works out to roughly $23.85/hour at a full-time job.

Is New Castle expensive for a studio compared to the rest of the US?

New Castle's studio median of $1,240 is +4% below the national studio median of $1,290. It ranks in the 46th percentile of US cities tracked.

How does New Castle rank for studio rent in Delaware?

Among the 9 cities in Delaware with studio data, New Castle ranks #3 from cheapest to most expensive.

Are there cheaper studio options near New Castle?

Yes — nearby cities with cheaper studio rents include Darby ($902), Upper Darby ($1,170), Dover ($1,165).

All rent data
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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for New Castle, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.