Cheap Apartments for Rent in Newark, DE from $400 (93 Rentals)

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Search the lowest-cost Apartments available for rent right now in Newark.

property at 1 Bassett Pl

$580

Total Monthly Price

Total Monthly Price

Base Rent
$580

Total Monthly Price
$580

2 Bedroom, 1 Bath Home for Rent

Available Aug 23

1 Bassett Pl

NewarkDE19711

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 507 Capitol Tr

$1,385 - $1,750

1 To 2 Bedroom Rentals

Available Now

507 Capitol Tr

NewarkDE19711

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 80 Welsh Tract Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

80 Welsh Tract Rd, Unit 310

80 Welsh Tract Rd
NewarkDE19713
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Mill at White Clay
1 to 4 Bedroom Apartments

Mill at White Clay

49 Annabelle StNewark, DE 19711
Student Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Elms Apartments
1 to 2 Bedroom Apartments

Elms Apartments

2202 London WayNewark, DE 19713
  • Utilities Included
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Possum Park
1 to 2 Bedroom Apartments

Possum Park

630 Capitol TrlNewark, DE 19711
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The Varsity
Studio to 2 Bedroom Apartments

The Varsity

120 Wilbur StNewark, DE 19711
Student Housing
  • Utilities Included
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Salem Village 2
1 to 2 Bedroom Apartments

Salem Village 2

911 Village DrNewark, DE 19713
  • Utilities Included
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Fairfield Apartments
1 to 3 Bedroom Apartments

Fairfield Apartments

18 Country Club DrNewark, DE 19711
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Newark, DE Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Newark, DE

Pricing Updated: 07/31/2026

Current apartment rentals in the Newark, DE area range in price from $989 to $3,595 with an overall median price of $2,229. The three Newark neighborhoods with the lowest median rent pricing are Fairway Falls at $1,105, Meadowbrook at $1,105, and Choate at $1,010. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fairway Falls$1,924$1,10528
Meadowbrook$1,929$1,10524
Choate$1,931$1,01060
Meadowood$1,934$1,10569
Estates at Farmington$2,175$98939
English Village$2,425$1,10586
Roseville Park$2,425$1,01096
Traditions at Christiana$3,095$1,01077

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, DE is a 1 Bed unit found at Salem Village in the Traditions at Christiana neighborhood priced from $1,010. Cavalier Country Club Apartments in the Meadowood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Salem VillageJr 1 Bed1BR,1BA$1,010
Cavalier Country Club Apartments1BD Standard1BR,1BA$1,195
Pine Hill Apartments1 Bedroom - Remodeled1BR,1BA$1,250
The OakleyElm1BR,1BA$1,250
Haverford ApartmentsOne Bedroom1BR,1BA$1,275
Glen Eagle Village ApartmentsStudioStudio,1BA$1,297
Newport Terrace ApartmentsJuniper2BR,1BA$1,304
Liberty Square ApartmentsOne Bedroom1BR,1BA$1,309
Stonehurst GardenThe Christiana-1 bedroom1BR,1BA$1,310
Elkton Terrace2BR Apt.2BR,1BA$1,314

Best Value Apartments for Rent in Newark, DE

As of July 31, 2026 the best value apartment in the Newark area is the $0.62 price per square foot Orchard - South Furnished 4X4 Model at The Waverly in the starting from $989. The second greatest value Newark apartment is the Inverness, Jr. Model at Ascot Landing - Single Family Homes starting at $2,575 with a $1.61 price per square foot in the Red Lion Chase neighborhood. Here is today’s list of the best values for Newark apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The WaverlyOrchard - South Furnished 4X44BR,4BA$0.62
Ascot Landing - Single Family HomesInverness, Jr.3BR,2BA$1.61
Regency SquareThe Chesapeake-2 bedroom/2 bath2BR,2BA$1.46
Spring CrossingRockefeller2BR,2BA$1.58
The Enclave at Stoneyridge2BD2BR,2BA$1.60
Windsor Forest Townhomes1a. 2 Floor Townhome One Bedroom w/den1BR,1BA$1.63
Arbor Pointe ApartmentsThe Cypress2BR,2BA$1.48
The Vinings at Christiana ApartmentsTwo Bedroom2BR,2BA$1.61
One EastonB2 - A - Standard2BR,2BA$1.58
Christiana ReserveBethany1BR,1BA$1.63

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Newark Overview

Newark, Delaware is a city rich in American history. Located east of the Maryland state line and less than a mile south of where Pennsylvania, Maryland, and Delaware meet, the area is surrounded by plenty of public parks and is perfect for the outdoor lover.

Why live in Newark, DE?

" Newark is perfect for those who are looking for that small town feel, without sacrificing the amenities of big-city living. Newark has a stable economy that continuously seeks out new opportunities for growth. It boasts an unemployment rate well below the national average and has a culturally diverse population. For those passionate about education, Newark has a great school system and is home to the University of Delaware. "

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Newark Apartments

How much is rent for a Cheap One Bedroom Newark Apartment?

The lowest price for a Cheap One Bedroom Newark Apartment is $1,010 at Salem Village.

What is the lowest price for a Cheap Two Bedroom Newark Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Newark is starting from $1,275 at Salem Village.

What is the most affordable Newark Three Bedroom Apartment?

The best deal on a cheap Newark Three Bedroom Apartment rental is at Salem Village and starts from $1,550.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.