Rental market snapshot for Newark, Delaware

Newark, Delaware Rental Property Market Overview

Newark, Delaware is a small city located in New Castle County. According to the US Census, the population of Newark in 2021 was 31,155. Newark is home to the University of Delaware, making it a popular destination for students and faculty. The city is known for its vibrant downtown area, which features a variety of shops, restaurants, and entertainment venues. Newark also has a number of parks and trails for outdoor recreation. With its diverse population and many attractions, Newark is a great place to live and visit. (Source: US Census, 2021)

The average rent for an apartment in Newark is $1,860. 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 March 25, 2024

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Average monthly rent graph in Newark Delaware | Cost of Living

  • The most expensive ZIP code in Newark is 19711 with an average price of $2,073.
  • The cheapest ZIP code in Newark is 19713 with an average price of $1,534.

Newark ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
119711$2,073
219702$2,067
319713$1,534

Live near Newark, Delaware's Top Sights and Attractions

The Mineralogical Museum is a unique attraction located in Newark, Delaware. It is a museum dedicated to the study of minerals and rocks, and features a wide variety of specimens from around the world. The museum also offers educational programs and activities for visitors of all ages. Visitors can explore the museum's exhibits, which include a variety of minerals and rocks, as well as interactive displays and activities. The museum also hosts special events throughout the year, such as lectures, workshops, and field trips.

The Mineralogical Museum is a unique attraction located in Newark, Delaware. It is a museum dedicated to the study of minerals and rocks, and features a wide variety of specimens from around the world. The museum also offers educational programs and activities for visitors of all ages. Visitors can explore the museum's exhibits, which include a variety of minerals and rocks, as well as interactive displays and activities. The museum also hosts special events throughout the year, such as lectures, workshops, and field trips.

William M Redd Park is a beautiful park located in the heart of Newark, Delaware. It features a large lake, walking trails, picnic areas, and a playground. Visitors can enjoy fishing, canoeing, kayaking, and paddle boating on the lake. The park also has a disc golf course, a basketball court, and a sand volleyball court. The park is a great place to relax and enjoy nature, and it is a popular spot for families and friends to gather.

Olan Thomas Park is a picturesque park located in a residential area. It features a large open grassy area, perfect for picnics and outdoor activities. The park also has a playground with swings, slides, and a sandbox, as well as a basketball court and a walking path. There is also a pond with a fountain, which is a popular spot for fishing and bird watching. The park is surrounded by tall trees, providing plenty of shade and a peaceful atmosphere.

Middle Run Valley Natural Area is a park located in Newark, Delaware. It is a great spot for outdoor activities such as hiking, biking, and horseback riding. The park features over 10 miles of trails, a lake, and a variety of wildlife. Visitors can also enjoy fishing, bird watching, and picnicking. The park is a great place to explore nature and get some fresh air.

Edna C Dickey Park is a picturesque park located in a quiet, residential area. It features a large pond, a playground, a picnic area, and plenty of open space for outdoor activities. The park also has a walking path, a basketball court, and a gazebo. The park is a great place to relax and enjoy nature, as it is surrounded by trees and lush vegetation. Visitors can also take advantage of the park's fishing opportunities, as the pond is stocked with a variety of fish.

Norma B Handloff Park is a scenic park located in the heart of Newark, Delaware. It features lush green lawns, walking trails, a playground, and a pond. The park is a great place to relax and enjoy nature, with plenty of trees and wildlife to observe. There is also a picnic area with tables and grills, perfect for a family outing. The park is also home to a variety of sports fields, including baseball, softball, and soccer. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

The Newark Historical Society is a museum and research center dedicated to preserving and sharing the history of Newark, Delaware. It houses a collection of artifacts, documents, photographs, and other materials that tell the story of the city's past. Visitors can explore the museum's exhibits, attend lectures and workshops, and participate in educational programs. The society also offers a variety of special events throughout the year, including guided tours, lectures, and hands-on activities.

George Wilson Park is a picturesque outdoor space located in the heart of the city. It features a large lake surrounded by lush green grass, trees, and shrubs. Visitors can enjoy a variety of activities such as fishing, boating, and picnicking. There are also several walking trails, playgrounds, and a disc golf course. The park is a great place to spend a day outdoors and take in the beauty of nature.

Kells Park is a beautiful outdoor area located in the heart of Newark, Delaware. It features a large pond, a walking path, a playground, and plenty of open green space. The park is a great spot for a picnic, a leisurely stroll, or a game of Frisbee. It is also home to a variety of wildlife, including ducks, geese, and other birds. The park is well-maintained and provides a peaceful and tranquil atmosphere for visitors to enjoy.

Newark, Delaware area median rent change by ZIP code map

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How does Newark compare to other cities in Delaware?

citymedian price
Milton$2,695
Middletown$2,100
Newark$1,950
Millsboro$1,799
Claymont$1,775
Wilmington$1,760
Seaford$1,575
Wilmington Manor$1,525

Average household income in Newark area graph - US Census

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The median household income in Newark in 2021 was $61,646. This represents a 20.4% change from 2011 when the median was $51,184.

#categorypercent
0Less than $10,00012.0%
1$10,000 to $14,9992.6%
2$15,000 to $19,9993.8%
3$20,000 to $24,9996.3%
4$25,000 to $29,9993.9%
5$30,000 to $34,9994.6%
6$35,000 to $39,9993.8%
7$40,000 to $44,9993.0%
8$45,000 to $49,9994.1%
9$50,000 to $59,9994.9%
10$60,000 to $74,99910.0%
11$75,000 to $99,99913.3%
12$100,000 to $124,9998.3%
13$125,000 to $149,9994.2%
14$150,000 to $199,9999.1%
15$200,000 or more6.3%

Neighborhoods in Newark

We currently do not have this data but we are working to add this soon.

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.

As of February , the average rent in Newark is $1,860.
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