Rental market snapshot for New Castle, Delaware

New Castle, Delaware Rental Property Market Overview

The average rent for an apartment in New Castle is $1,330. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 0.16% over the past year.

New Castle is a historic city in the northern part of the state of Delaware. It is the county seat of New Castle County and is located on the Delaware River. The city has a population of about 5,000 people. New Castle was founded in 1651 by the Dutch West India Company and was the first capital of the Delaware Colony. The city is home to the University of Delaware and is a popular tourist destination.

Last Updated December 23, 2022

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Average monthly rent graph in New Castle Delaware | Cost of Living

  • The most expensive ZIP Code in New Castle is 19720 with an average price of $1,420
  • The cheapest ZIP Code in New Castle is 19720 with an average price of $1,295

New Castle ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
119720$1,420

Live near New Castle, Delaware's Top Sights and Attractions

First State National Historical Park is a park located in New Castle, Delaware that commemorates the history of the state of Delaware. The park includes the Green, a public park in the center of the city, as well as the Old Court House and the Old State House, two of the most important historical buildings in the state.

The Museum Of American Road is a museum dedicated to the history of the American road system. The museum is located in New Castle, Delaware.

The New Castle Battery Park is a beautiful park located on the riverfront in New Castle, Delaware. The park features a variety of amenities including a playground, picnic tables, a walking trail, and a gazebo. The park is also home to a variety of events throughout the year, including concerts, festivals, and farmers markets.

Coventry Ridge Park is a beautiful park located in New Castle, Delaware. The park features a variety of amenities including a playground, picnic tables, and a walking trail. The park is also home to a variety of wildlife, making it a perfect place to explore nature.

Battery Park is a small park located on the Delaware River. The park has a few benches and a walking path. There is also a small playground.

The Garfield Park Activity Center is a multi-purpose facility that offers a variety of recreational activities for all ages. The center features a gymnasium, fitness center, game room, and meeting rooms. The center also has a playground, picnic area, and walking trails.

The park has a playground, a basketball court, a pavilion, and a walking trail.

Deemers Beach is a small, sandy beach located on the Delaware River. The beach is a popular spot for swimming, sunbathing, and fishing. There is also a playground and picnic area.

New Castle, Delaware area median rent change by ZIP Code map

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How does New Castle compare to other cities in Delaware ?

citymedian price
Bear$2,120
Claymont$1,550
New Castle$1,420
Newark$1,600
Wilmington$1,495
Middletown$1,850
Dover$1,570
Smyrna$1,400

Average household income in New Castle area graph - US Census

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The median household income in New Castle in 2021 was $72,951. This represents a 29.9% change from 2011 when the median was $56,146.

#categorypercent
0Less than $10,0002.3%
1$10,000 to $14,9993.0%
2$15,000 to $19,9991.4%
3$20,000 to $24,9992.7%
4$25,000 to $29,9996.2%
5$30,000 to $34,9993.8%
6$35,000 to $39,9992.4%
7$40,000 to $44,9996.9%
8$45,000 to $49,9994.8%
9$50,000 to $59,9996.1%
10$60,000 to $74,99911.6%
11$75,000 to $99,99916.6%
12$100,000 to $124,99914.8%
13$125,000 to $149,9993.4%
14$150,000 to $199,9998.2%
15$200,000 or more5.8%

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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