Cheap Apartments for Rent in Newark, DE from $400 (94 Rentals)

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

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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Mill at White Clay
1 to 4 Bedroom Apartments

Mill at White Clay

49 Annabelle StNewark, DE 19711
Student Housing
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OakTree Apartments
Studio to 2 Bedroom Apartments

OakTree Apartments

30 Wenark DrNewark, DE 19713
  • Utilities Included
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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

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.

Newark, DE Local Guide

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Cheapest Neighborhoods for Apartments in Newark, DE

Pricing Updated: 06/16/2026

Current apartment rentals in the Newark, DE area range in price from $850 to $3,600 with an overall median price of $2,472. The three Newark neighborhoods with the lowest median rent pricing are Estates at Farmington at $900, Choate at $950, and Meadowood at $1,850. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Estates at Farmington$2,300$90010
Choate$2,422$9509
Meadowood$2,425$1,8506
Fairway Falls$2,447$1,8503
Meadowbrook$2,495$1,8505
Traditions at Christiana$2,495$9506
English Village$2,597$85021
Roseville Park$2,597$85021

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, DE is a 4 Beds unit found at Rittenhouse Station priced from $799. Elkton Terrace in the Patriots Glen neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,189. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rittenhouse Station4 TOWN B4BR,2BA$799
Elkton Terrace1BR Town1BR,1BA$1,189
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1,200
Brookbend ApartmentsS2Studio,1BA$1,249
The OakleyElm1BR,1BA$1,250
Haverford ApartmentsOne Bedroom1BR,1BA$1,275
Village of Canterbury Apartment HomesOne Bedroom1BR,1BA$1,278
Arundel Apartments HomesAshland Jr. One Bedroom1BR,1BA$1,295
Pine Hill Apartments1 Bedroom - Remodeled1BR,1BA$1,299
Liberty Square ApartmentsOne Bedroom1BR,1BA$1,309

Best Value Apartments for Rent in Newark, DE

As of June 16, 2026 the best value apartment in the Newark area is the $0.39 price per square foot 4 TOWN B Model at Rittenhouse Station in the starting from $799. The second greatest value Newark apartment is the Orchard - South Furnished 4X4 Model at The Waverly starting at $989 with a $0.62 price per square foot . 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.
Rittenhouse Station4 TOWN B4BR,2BA$0.39
The WaverlyOrchard - South Furnished 4X44BR,4BA$0.62
Salem VillageThree Bedroom3BR,2BA$1.24
The Reserve at Forest GateBordeaux2BR,2BA$1.55
Regency SquareThe Chesapeake-2 bedroom/2 bath2BR,2BA$1.46
Windsor Forest Townhomes2a. Two Bedroom One Bath2BR,1BA$1.55
The Enclave at Stoneyridge2BD2BR,2BA$1.60
One EastonB2 - A - Standard2BR,2BA$1.58
Christiana ReserveHartley1BR,1BA$1.60
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1.50

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

What is the Cheapest Studio apartment in Newark?

Currently the most affordable Cheap Studio Apartment in Newark is at Brookbend Apartments listed at $1,249.

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

The lowest price for a Cheap One Bedroom Newark Apartment is $1,189 at Elkton Terrace.

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 $1,299 at Elkton Terrace.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.