Rents are 6% below what Newark's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,029 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Newark, DE has changed in 5 years
The median rent in Newark, DE stood at $1,443 in 2021 and currently runs about $2,029, reflecting a 40.6% 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.
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Can you afford rent in Newark on your salary?
At $2,029/mo, how Newark rent compares to typical pay (30% rule).
Newark rent by bedroom count
Median rent for each apartment size in Newark. Click any size for full breakdown.
Tips for renters in Newark
Last updated: August 17, 2026
The median rent in Newark is $2,029/mo as of August 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 32% of local median household income ($76,912/yr), Newark ranks as moderate compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.
Frequently asked questions
Is Newark an affordable city for renters?
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Is rent going up or down in Newark?
Which Newark neighborhoods have the lowest rent?
How does Newark rent compare to other cities in Delaware?
Which nearby cities are cheaper to rent in than Newark?
What percentage of Newark residents rent vs. own?
How does Newark rent compare to the national average?
At $2,029/mo, rent takes ~32% of Newark's median household income ($76,912/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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