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.

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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Elms Apartments
1 to 2 Bedroom Apartments

Elms Apartments

2202 London WayNewark, DE 19713
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Chasemont Apartments
1 to 3 Bedroom Apartments

Chasemont Apartments

54 Cheswold BlvdNewark, DE 19713
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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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Salem Village 2
1 to 2 Bedroom Apartments

Salem Village 2

911 Village DrNewark, DE 19713
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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 1 Bedroom Apartments

The Varsity

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

Possum Park

630 Capitol TrlNewark, DE 19711
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Fairfield Apartments
1 Bedroom Apartments

Fairfield Apartments

18 Country Club DrNewark, DE 19711
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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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
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Newark, DE Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Newark, DE

Pricing Updated: 07/30/2025

Current apartment rentals in the Newark, DE area range in price from $500 to $3,500 with an overall median price of $2,693. The three Newark neighborhoods with the lowest median rent pricing are Fairway Falls at $2,200, Choate at $800, and Meadowood at $1,900. 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$2,200$2,2001
Choate$2,500$80011
Meadowood$2,500$1,9008
Traditions at Christiana$2,550$1,6008
Meadowbrook$2,750$2,2006
Roseville Park$2,850$50025
English Village$3,000$50028
Estates at Farmington$3,200$1,7508

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 $1,045. Village of Canterbury Apartment Homes in the Traditions at Christiana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,190. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Salem VillageOne Bedroom1BR,1BA$1,045
Village of Canterbury Apartment HomesOne Bedroom1BR,1BA$1,190
HUNTERS CROSSINGS1Studio,1BA$1,199
The OakleyElm1BR,1BA$1,200
Harbor Club ApartmentsOne Bedroom1BR,1BA$1,230
Cavalier Country Club Apartments1BD Deluxe1BR,1BA$1,245
Coopers Place1 Bed | 1 Bath1BR,1BA$1,264
Stonehurst Garden1 BR w/gas1BR,1BA$1,290
Spring CrossingSoho1BR,1BA$1,300
One EastonB2 - C - Top Floor2BR,2BA$1,320

Best Value Apartments for Rent in Newark, DE

As of July 30, 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 2BD Model at The Village of Barrett's Run starting at $1,750 with a $1.59 price per square foot in the Traditions at Christiana 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
The Village of Barrett's Run2BD2BR,2BA$1.59
Christiana ReserveFenwick2BR,2BA$1.42
Regency Square2 C - 2 BD 2 Bath - Chesapeake2BR,2BA$1.59
West Creek VillageTwo Bedroom2BR,2BA$1.42
Vinings at Christiana2 Bedroom Tax Credit2BR,2BA$1.53
Aspen Run2BD2BR,2BA$1.61
One EastonB1 - C - Top Floor2BR,2BA$1.62
Cavalier Country Club Apartments1BD Deluxe1BR,1BA$1.57
Salem VillageOne Bedroom1BR,1BA$1.45

Quick Rent Budget Calculator

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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. "

Best Local Schools in
Newark, DE

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

Explore Newark, DE Rentals by Map

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See the most popular apartments and homes in Newark, DE

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 HUNTERS CROSSING listed at $1,189.

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

The lowest price for a Cheap One Bedroom Newark Apartment is $1,045 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 $1,320 at One Easton.

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 $1,330.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.