Cheap Apartments for Rent in Newark, DE from $400 (30 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
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Salem Village 2
1 to 2 Bedroom Apartments

Salem Village 2

911 Village DrNewark, DE 19713
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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
  • Utilities Included

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Turnquist Apartments
1 to 2 Bedroom Apartments

Turnquist Apartments

110 Windward CtElkton, MD 21921
  • Utilities Included
Showing Results 1-30, Page 1 of 1

Newark, DE Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Newark, DE

Pricing Updated: 09/13/2025

Current apartment rentals in the Newark, DE area range in price from $924 to $3,595 with an overall median price of $2,116. The three Newark neighborhoods with the lowest median rent pricing are Choate at $1,045, Roseville Park at $1,045, and English Village 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$1,949$1,04559
Roseville Park$1,954$1,04581
English Village$1,964$1,05071
Fairway Falls$1,964$1,06042
Meadowbrook$1,964$1,07544
Meadowood$1,964$1,06070
Estates at Farmington$2,075$92432
Traditions at Christiana$3,095$1,04564

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. Cynwood Club Apartments in the Meadowood neighborhood 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
Salem VillageOne Bedroom1BR,1BA$1,045
Cynwood Club Apartments1 Bed, 1 bath1BR,1BA$1,125
Victoria Mews1 bed1BR,1BA$1,125
The OakleyElm1BR,1BA$1,200
Village of Canterbury Apartment HomesOne Bedroom1BR,1BA$1,235
HUNTERS CROSSINGA11BR,1BA$1,239
Glen Eagle Village ApartmentsStudioStudio,1BA$1,247
Haverford ApartmentsOne Bedroom1BR,1BA$1,255
Pine Hill Apartments1 Bedroom - Remodeled1BR,1BA$1,270
Stonehurst Garden1 BR w/gas1BR,1BA$1,300

Best Value Apartments for Rent in Newark, DE

As of September 13, 2025 the best value apartment in the Newark area is the $1.22 price per square foot 3x2.5 G Model at Walden Townhomes in the in the Meadowood neighborhood starting from $2,325. The second greatest value Newark apartment is the 3BR Town Model at Elkton Terrace starting at $1,499 with a $1.30 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 G3BR,2.5BA$1.22
Elkton Terrace3BR Town3BR,1.5BA$1.30
The Village of Barrett's Run2BD2BR,2BA$1.59
West Creek VillageTwo Bedroom2BR,2BA$1.42
Windsor Forest Townhomes1a. 2 Floor Townhome One Bedroom w/den1BR,1BA$1.60
Aspen Run2BD2BR,2BA$1.61
Christiana ReserveLaurel1BR,1BA$1.43
One EastonB2 - A - Standard2BR,2BA$1.58
Salem VillageOne Bedroom1BR,1BA$1.45
Cynwood Club Apartments1 Bed, 1 bath1BR,1BA$1.61

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

School data provided by Great Schools

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 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 $2,116.

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 22 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 $248 which is $1,868 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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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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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.