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City Report · DE

Newark

Pop. 30,330·4th most expensive in Delaware·Rental market data updated monthly for Newark, DE
Median rent (all units)
$2,113/mo
Year-over-Year
+4.9%
Month-over-Month
+0.4%
vs US Median
+$148
Stable (Monthly)
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Most AffordableMost Expensive
Newark · $2,113
More expensive than 65% of US cities · National median $1,965/mo
Rent Reality Score
53/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Newark's 10-year trend predicts.

Actual rent
$2,113/mo
Expected by trend
$2,145/mo
The Rent Reality Score compares today's median rent to where Newark's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,510
2 BR
$1,800
3 BR
$2,167
4 BR+
$2,467
Research median
$1,800/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,356/yr
At $2,113/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.9% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.9% YoY, +0.4% MoM), not inventory.
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Demographics

Who lives here

Newark, DE is roughly split between renters and owners, skews toward younger working-age adults, 58.2% of residents hold a bachelor's degree or higher.

Population
30,330
Median income
$76,912
Median age
22.1
Renters
49.3%
Age distribution
57.6%
13.5%
Under 1811.4%
18–3457.6%
35–5413.5%
55–646.4%
65+11.2%
Gender
47.3%
52.7%
Male47.3%
Female52.7%
Race & ethnicity
68.3%
White68.3%
Black10%
Hispanic10.3%
Asian8.9%
Other2.5%
Education (25+)
15.1%
23.7%
58.2%
No HS diploma2.9%
HS diploma15.1%
Some college23.7%
Bachelor's+58.2%
Housing tenure
50.7%
49.3%
Owner50.7%
Renter49.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Newark, DE has changed in 5 years

Rent
$1,443 → $2,113
up 46.4%
Income
$61,646 → $76,912
up 24.8%
Population
31,393 → 30,330
down 3.4%
Renter share
48.6% → 49.3%
+0.7 pts
Bachelor's+
55% → 58.2%
+3.2 pts
Median age
22.7 → 22.1
-0.6 yrs

The median rent in Newark, DE stood at $1,443 in 2021 and currently runs about $2,113, reflecting a 46.4% increase over the period. Census figures show median household income at $76,912 today, compared with $61,646 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has contracted by 3.4% since 2021, moving from about 31,393 residents to roughly 30,330. College-educated residents now make up 58.2% of adults here, versus 55% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Newark

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View Newark rent history (2015–2026) →
Salary vs rent

Can you afford rent in Newark on your salary?

At $2,113/mo, how Newark rent compares to typical pay (30% rule).

By apartment size

Newark rent by bedroom count

Median rent for each apartment size in Newark. Click any size for full breakdown.

Local insights

Tips for renters in Newark

About renting in Newark, DE

Last updated: July 20, 2026

The median rent in Newark is $2,113/mo as of July 2026. A studio apartment averages $1,370/mo while a 2-bedroom runs $1,800/mo. One-bedroom apartments average $1,510/mo and 3-bedroom units go for $2,167/mo.

At 33% of local median household income ($76,912/yr), Newark ranks as moderate compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.

FAQ

Frequently asked questions

Is Newark an affordable city for renters?

Newark is considered moderate for renters. At $2,113/mo, rent takes approximately 33% of the local median household income ($76,912/yr). The standard benchmark is 30%. Newark slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Newark?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,113/mo in Newark. The local median household income is $76,912/yr, meaning the typical Newark household falls short of that threshold.

Is rent going up or down in Newark?

Rent in Newark has increased 4.9% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Newark neighborhoods have the lowest rent?

The most affordable ZIP codes in Newark are 19713 ($1,741/mo), 19702 ($1,876/mo), and 19711 ($2,283/mo). Citywide, the median rent in Newark is $2,113/mo.

How does Newark rent compare to other cities in Delaware?

Newark is middle-of-the-pack for Delaware for rent, ranking #4 out of 9 tracked cities at $2,113/mo.

Which nearby cities are cheaper to rent in than Newark?

Several nearby cities have lower median rents than Newark ($2,113/mo): New Castle ($1,747/mo), Wilmington ($1,872/mo), Elkton ($1,903/mo).

What percentage of Newark residents rent vs. own?

According to Census data, approximately 49.3% of Newark households are renters, while 50.7% are owner-occupied. Newark leans toward homeownership, which can mean a smaller rental inventory.

How does Newark rent compare to the national average?

Newark's median rent of $2,113/mo is $148 (8%) above the US national median of $1,965/mo. Within Delaware, it ranks #4 out of 9 tracked cities.
Income Affordability
33%
MODERATE

At $2,113/mo, rent takes ~33% of Newark's median household income ($76,912/yr). The standard benchmark is 30%.

Newark 33%Benchmark 30%
State income tax2.2–6.6%
Run the Newark affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newark, DE

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