Rental market snapshot for New Castle, Delaware

New Castle, Delaware Rental Property Market Overview

New Castle, Delaware is a small city located in New Castle County. According to the US Census, the population of New Castle, Delaware in 2021 is 5,499. The city is known for its historic buildings, including the Dutch House, the New Castle Court House Museum, and the Amstel House. It is also home to Battery Park, a popular spot for outdoor activities. New Castle is a great place to live, offering a variety of amenities and activities for residents to enjoy.

The average rent for an apartment in New Castle is $1,370. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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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 $1,463.
  • The cheapest ZIP code in New Castle is 19720 with an average price of $1,463.

New Castle ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
119720$1,463

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

First State National Historical Park is a unique outdoor experience that celebrates the history and culture of Delaware, the first state to ratify the U.S. Constitution. The park includes a variety of historical sites, including colonial-era courthouses, a Revolutionary War battlefield, and a 19th-century canal town. Visitors can explore the park's trails, which offer scenic views of the Delaware River and the surrounding countryside. The park also features a variety of educational programs and activities, including guided tours, living history demonstrations, and special events.

Museum Of American Road is an interactive museum that celebrates the history of American road travel. Visitors can explore the history of the American highway system, from the early days of the automobile to the modern interstate system. The museum features a variety of interactive exhibits, including a virtual tour of the highway system, a hands-on driving simulator, and a collection of vintage cars. Visitors can also explore the history of the American road trip, from the early days of the automobile to the modern interstate system.

New Castle Battery Park is a waterfront park located on the Delaware River. It features a scenic boardwalk, a playground, picnic areas, and a gazebo. The park also has a fishing pier, boat launch, and a boat dock. Visitors can enjoy the views of the river, the historic Fort Delaware, and the city skyline. The park is a great spot for a leisurely stroll, a picnic, or a day of fishing.

Coventry Ridge Park is a large, picturesque park located in a quiet, wooded area. The park features a variety of activities for visitors to enjoy, including a playground, walking trails, picnic areas, and a large pond. The park also offers a variety of wildlife viewing opportunities, including birds, deer, and other animals. Visitors can also take advantage of the park's fishing pier, which offers a great view of the surrounding area. The park is a great place to spend a day outdoors, and is a popular destination for families and nature lovers alike.

Battery Park is a scenic waterfront park located along the Christina River in New Castle, Delaware. It features a large grassy area, a boardwalk, a playground, and a fishing pier. The park also has a variety of monuments and memorials, including a World War I memorial, a Vietnam War memorial, and a memorial to the USS Delaware. The park is a popular spot for picnics, fishing, and other outdoor activities.

Garfield Park Activity Center is a family-friendly destination offering a variety of recreational activities. Visitors can enjoy a game of basketball, tennis, or volleyball on the outdoor courts, or take a dip in the outdoor pool. The center also features a playground, picnic area, and a walking trail. Inside, guests can take advantage of the fitness center, game room, and meeting rooms. The center also hosts a variety of special events throughout the year, such as movie nights, holiday celebrations, and more.

Young Street Park is a popular outdoor destination located in New Castle, Delaware. It features a large playground, basketball court, and picnic area, as well as a walking path and plenty of open green space. The park also has a pond with a fountain, and a gazebo for visitors to relax in. The park is a great place to take the family for a day of fun and relaxation.

Deemers Beach is a popular beach destination located on the Delaware River. It features a wide, sandy beach with plenty of room to relax and enjoy the sun and surf. The beach is also a great spot for fishing, swimming, and kayaking. There are also plenty of picnic tables and grills available for visitors to use. The beach is also home to a variety of wildlife, including seagulls, ospreys, and other birds.

Van Dyke Park is a large outdoor recreational area located in New Castle, Delaware. It features a variety of activities and amenities, including a playground, picnic areas, walking trails, basketball courts, tennis courts, a disc golf course, and a pond. The park also has a large open field, perfect for playing sports or having a picnic. The park is well-maintained and offers plenty of shade, making it a great spot to spend a day outdoors.

Bull Hill Park is a scenic park located in New Castle, Delaware. It features a variety of outdoor activities, including walking trails, picnic areas, and playgrounds. The park also has a large pond, which is a popular spot for fishing and bird watching. The park is surrounded by lush greenery and is a great place to relax and take in the beauty of nature.

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
Middletown$2,195
Bear$2,160
Lewes$2,070
Millsboro$1,799
Wilmington$1,779
Claymont$1,775
Dover$1,695
Seaford$1,575
Wilmington Manor$1,525
New Castle$1,450

Average household income in New Castle area graph - US Census

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The median household income in New Castle in 2021 was $83,651. This represents a 54.2% change from 2011 when the median was $54,236.

#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%

Neighborhoods in New Castle

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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.

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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.

As of December , the average rent in New Castle is $1,370.
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