Cheap Apartments for Rent in Newark, DE from $400 (41 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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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

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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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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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

Navigating the Rental Market: Tips for First-Time Renters

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Sophias Place West
1 to 2 Bedroom Apartments

Sophias Place West

30 Highland BlvdNew Castle, DE 19720

Newark, DE Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Newark, DE

Pricing Updated: 06/28/2025

Current apartment rentals in the Newark, DE area range in price from $924 to $5,565 with an overall median price of $2,162. The three Newark neighborhoods with the lowest median rent pricing are Choate at $1,045, English Village at $1,050, and Fairway Falls at $1,050. Here is today’s list of the top 8 neighborhoods with the lowest median pricing for Newark Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Choate$1,989$1,04569
English Village$1,989$1,05066
Fairway Falls$1,989$1,05044
Meadowbrook$1,989$1,05044
Meadowood$1,989$1,05072
Roseville Park$1,992$1,04583
Estates at Farmington$2,265$92433
Traditions at Christiana$3,095$1,04576

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. The Oakley in the Meadowood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Salem VillageOne Bedroom1BR,1BA$1,045
The OakleyElm1BR,1BA$1,200
Haverford ApartmentsOne Bedroom1BR,1BA$1,225
HUNTERS CROSSINGS2Studio,1BA$1,234
Coopers Place1 Bed | 1 Bath1BR,1BA$1,249
Sophias Place West2 Bed | 2 Bath2BR,2BA$1,254
Village of Canterbury Apartment HomesOne Bedroom1BR,1BA$1,265
Stonehurst Garden1 BR w/gas1BR,1BA$1,290
Sophias Place East1 Bed | 1 Bath1BR,1BA$1,294
Spring CrossingSoho1BR,1BA$1,300

Best Value Apartments for Rent in Newark, DE

As of June 29, 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 3R Model at The Village of Barrett's Run starting at $2,000 with a $1.43 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 Run3R3BR,2BA$1.43
Christiana ReserveHarrington3BR,2BA$1.27
Valley Stream Village TownhomesNottingham 3x2.53BR,2.5BA$1.61
Meadows at Elk CreekChoptank3BR,2BA$1.49
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$1.47
Sophias Place East1 Bed | 1 Bath1BR,1BA$1.55
Salem VillageOne Bedroom1BR,1BA$1.45

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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!

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 $1,300.

What is the price of a cheap apartment in Newark?

The cheapest apartment in Newark is Salem Village which is listed at $1,045, while the average apartment in Newark costs $2,162.

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 11 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 $230 which is $1,932 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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.