Cheap Apartments for Rent in Newark, DE from $400 (97 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.

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Hidden Creek Apartments
Rent Specials
$1,335 - $1,610
Total Monthly Price

Total Monthly Price

Base Rent
$1,335 - $1,610
Total Monthly Price
$1,335 - $1,610
1 to 2 Bedroom Apartments Available Now

Hidden Creek Apartments

142 Greenbridge DrNewark, DE 19713
Affordability
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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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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

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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Ivy Hall Apartments
1 to 2 Bedroom Apartments

Ivy Hall Apartments

400 Wollaston AveNewark, DE 19711
  • Utilities Included
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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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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
  • Utilities Included
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Fairfield Apartments
1 to 3 Bedroom Apartments

Fairfield Apartments

18 Country Club DrNewark, DE 19711
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Lehigh Flats
1 to 2 Bedroom Apartments

Lehigh Flats

650 Lehigh RdNewark, DE 19711
Corporate Housing

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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Newark, DE Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Newark, DE

Pricing Updated: 05/01/2026

Current apartment rentals in the Newark, DE area range in price from $985 to $3,595 with an overall median price of $2,203. The three Newark neighborhoods with the lowest median rent pricing are Choate at $985, Meadowood at $1,085, and Fairway Falls at $1,085. 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$1,939$985106
Meadowood$1,939$1,085108
Fairway Falls$1,999$1,08548
Meadowbrook$2,049$1,08551
English Village$2,175$1,085118
Roseville Park$2,175$985131
Estates at Farmington$2,260$98948
Traditions at Christiana$3,095$985122

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 $849. Chasemont in the Meadowood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rittenhouse Station4 TOWN B4BR,2BA$849
Chasemont1bd A1BR,1BA$1,050
Salem VillageOne Bedroom1BR,1BA$1,115
Coopers Place1 Bed | 1 Bath1BR,1BA$1,164
Liberty Square ApartmentsOne Bedroom1BR,1BA$1,185
Elkton Terrace1BR Town1BR,1BA$1,189
Cavalier Country Club Apartments1BD Standard1BR,1BA$1,195
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1,200
HUNTERS CROSSINGS1Studio,1BA$1,229
Allandale Village ApartmentsOne Bedroom1BR,1BA$1,247

Best Value Apartments for Rent in Newark, DE

As of May 01, 2026 the best value apartment in the Newark area is the $1.47 price per square foot 3bd Model at Chasemont in the in the Meadowood neighborhood starting from $1,695. The second greatest value Newark apartment is the 2a. Two Bedroom One Bath Model at Windsor Forest Townhomes starting at $1,700 with a $1.55 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.
Chasemont3bd3BR,1BA$1.47
Windsor Forest Townhomes2a. Two Bedroom One Bath2BR,1BA$1.55
Christiana ReserveFenwick2BR,2BA$1.51
Rittenhouse Station2x22BR,2BA$0.71
Meadows at Elk CreekSusquehanna2BR,2BA$1.63
Arbor Pointe ApartmentsThe Arbor1BR,1BA$1.54
One EastonB2 - A - Standard2BR,2BA$1.58
Aspen Run1BD1BR,1BA$1.62
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1.50
Salem VillageOne Bedroom1BR,1BA$1.55

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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. "

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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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 $1,247.

What is the price of a cheap apartment in Newark?

The cheapest apartment in Newark is Chasemont which is listed at $1,050, while the average apartment in Newark costs $2,203.

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 15 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 $297 which is $1,906 cheaper than the average rent for all rentals in Newark.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.