Average Rent in Newark, DE (2026)

Typical asking rent in Newark is $2,028. Across the 3 ZIP codes with data it runs from $2,022 to $2,037, so which side of town you buy on matters as much as the city average. Data as of September 2026.

Median rent
$2,028
Average rent
$2,029
Lowest ZIP
$2,022
Highest ZIP
$2,037

Rent by ZIP code in Newark

ZIP codeCountyTypical rentvs city median
19713New Castle County$2,0370%
19711New Castle County$2,0280%
19702New Castle County$2,0220%

Rent by bedroom count in Newark

Zillow's index above blends every unit size into one number. For a bedroom level view, these are HUD's FY2027 Fair Market Rents for New Castle County. They include utilities and sit near the 40th percentile of the market, so treat them as the low side of what a typical unit lists for. New Castle County uses Small Area FMRs, and the two bedroom figure runs from $1,680 to $1,990 depending on the Newark ZIP code.

Unit sizeFY2027 Fair Market RentChange from FY2026
Studio$1,438+2.9%
1 bedroom$1,558+2.5%
2 bedroom$1,860+2.8%
3 bedroom$2,216+2.1%
4 bedroom$2,445+0.9%

Source: HUD Fair Market Rents. Updates when HUD publishes a new fiscal year.

Is rent going up or down in Newark?

Typical rent across New Castle County is $1,863 as of September 2026. That is up 3.2% from a year earlier and up 28.6% over five years.

YearTypical rent, New Castle CountyChange
2021$1,508+15.1%
2022$1,612+6.9%
2023$1,706+5.8%
2024$1,785+4.6%
2025$1,817+1.8%
2026 (through September)$1,863+2.5%

Zillow Observed Rent Index for the county, all home types, last published month of each year. Each row is compared with the end of the year before it.

Newark rent questions

What is the average rent in Newark, DE?
Typical asking rent in Newark is $2,028 a month as of September 2026, across 3 ZIP codes. By ZIP code it runs from $2,022 to $2,037.
How much is rent for a 2 bedroom in Newark?
HUD's FY2027 Fair Market Rent for a two bedroom in New Castle County is $1,860 a month including utilities. A one bedroom is $1,558 and a three bedroom is $2,216. Fair Market Rent is set near the 40th percentile, so a typical unit lists somewhat higher.
Is rent going up or down in Newark?
Rent is rising. Typical rent in New Castle County is $1,863 as of September 2026, up 3.2% from a year earlier.
What is the cheapest ZIP code to rent in Newark?
ZIP 19702 has the lowest typical asking rent in Newark at $2,022 a month, compared with $2,028 for the city overall.
How much income do you need to rent in Newark?
Most landlords look for gross income of about three times the rent. At the typical Newark rent of $2,028, that is about $6,084 a month, or $73,008 a year. This is a common screening rule of thumb, and individual landlords set their own.

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Newark sits in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro area.

Other Delaware cities

Would a rental in Newark cash flow?

Start the analyzer with the Newark median rent of $2,028 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.