Cheap Apartments for Rent in Newark, DE from $400 (45 Rentals)

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

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.

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Chasemont Apartments
1 to 3 Bedroom Apartments

Chasemont Apartments

54 Cheswold BlvdNewark, DE 19713
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Elms Apartments
1 to 2 Bedroom Apartments

Elms Apartments

2202 London WayNewark, DE 19713
  • Utilities Included

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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Ivy Hall Apartments
1 to 2 Bedroom Apartments

Ivy Hall Apartments

400 Wollaston AveNewark, DE 19711
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The Varsity
Studio to 2 Bedroom Apartments

The Varsity

120 Wilbur StNewark, DE 19711
Student Housing
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Possum Park
1 to 2 Bedroom Apartments

Possum Park

630 Capitol TrlNewark, DE 19711
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Salem Village 2
1 to 2 Bedroom Apartments

Salem Village 2

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

Fairfield Apartments

18 Country Club DrNewark, DE 19711
  • Utilities Included

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Turnquist Apartments
1 to 2 Bedroom Apartments

Turnquist Apartments

110 Windward CtElkton, MD 21921
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Glen Creek
1 to 3 Bedroom Apartments

Glen Creek

19 Glen Creek CirElkton, MD 21921

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Newark, DE Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Newark, DE

Pricing Updated: 10/31/2025

Current apartment rentals in the Newark, DE area range in price from $944 to $4,440 with an overall median price of $2,091. The three Newark neighborhoods with the lowest median rent pricing are Fairway Falls at $1,050, Meadowbrook at $1,050, and Choate at $985. 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$1,899$1,05045
Meadowbrook$1,901$1,05040
Choate$1,904$98573
Meadowood$1,904$1,05078
English Village$1,940$1,05083
Roseville Park$1,980$985102
Estates at Farmington$2,112$94433
Traditions at Christiana$3,095$98588

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, DE is a 1 Bed unit found at Cynwood Club Apartments in the Meadowood neighborhood priced from $1,125. Victoria Mews has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cynwood Club Apartments1 Bed, 1 bath1BR,1BA$1,125
Victoria Mews1 bed1BR,1BA$1,125
Glen Eagle Village ApartmentsStudioStudio,1BA$1,172
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1,200
The OakleyElm1BR,1BA$1,200
Abbey Walk Apartments1 bed 1 bath1BR,1BA$1,215
Allandale Village ApartmentsOne Bedroom1BR,1BA$1,247
Salem Village 21bedroom 1st floor1BR,1BA$1,260
Pine Hill Apartments1 Bedroom - Remodeled1BR,1BA$1,270
HUNTERS CROSSINGA11BR,1BA$1,274

Best Value Apartments for Rent in Newark, DE

As of October 31, 2025 the best value apartment in the Newark area is the $1.31 price per square foot 3x2.5 B Model at Walden Townhomes in the in the Meadowood neighborhood starting from $2,225. The second greatest value Newark apartment is the 3BR Town Model at Elkton Terrace starting at $1,519 with a $1.32 price per square foot in the Patriots Glen 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.
Walden Townhomes3x2.5 B3BR,2.5BA$1.31
Elkton Terrace3BR Town3BR,1.5BA$1.32
West Creek VillageTwo Bedroom2BR,2BA$1.39
Windsor Forest Townhomes1a. 2 Floor Townhome One Bedroom w/den1BR,1BA$1.60
Cavalier Country Club Apartments2BD2BR,2BA$1.45
Salem Village 21bedroom 1st floor1BR,1BA$1.33
Vinings at Christiana2 Bedroom Tax Credit2BR,2BA$1.53
One EastonB2 - A - Standard2BR,2BA$1.58
Christiana ReserveHartley1BR,1BA$1.51
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1.50

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

How much rent can you afford?

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. "

Pet Friendly Lifestyle
Newark, DE

Ranked #2

Among cities in Delaware for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Newark, DE Rentals by Map

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Getting Around Newark, DE

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Newark Apartments

What is a cheap apartment in Newark?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Newark is under $1,274.

What is the price of a cheap apartment in Newark?

The cheapest apartment in Newark is Cynwood Club Apartments which is listed at $1,125, while the average apartment in Newark costs $2,091.

What types of apartments are the cheapest in Newark?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Newark that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Newark?

Cheap apartments in Newark have an average cost of $299 which is $1,792 cheaper than the average rent for all rentals in Newark.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.