Cheap Apartments for Rent in Newark, DE from $400 (47 Rentals)

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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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Mill at White Clay
1 to 4 Bedroom Apartments

Mill at White Clay

49 Annabelle StNewark, DE 19711
Student Housing

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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OakTree Apartments
Studio to 2 Bedroom Apartments

OakTree Apartments

30 Wenark DrNewark, DE 19713
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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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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

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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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
  • Utilities Included

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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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: 01/25/2026

Current apartment rentals in the Newark, DE area range in price from $974 to $3,224 with an overall median price of $2,048. The three Newark neighborhoods with the lowest median rent pricing are Traditions at Christiana at $985, Choate at $985, 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
Traditions at Christiana$1,909$98596
Choate$1,934$98591
Fairway Falls$2,019$1,05055
Meadowood$2,019$1,05097
Meadowbrook$2,049$1,05050
Estates at Farmington$2,105$97444
English Village$2,175$1,050102
Roseville Park$2,175$985121

Cheapest Available Newark Apartments for Rent

 

The cheapest available apartment rental in Newark, DE is a Studio unit found at Abbey Walk Apartments in the Meadowood neighborhood priced from $1,050. Glen Eagle Village Apartments in the Traditions at Christiana neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,072. Here is today’s list of the most affordable Newark apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Abbey Walk ApartmentsEfficiencyStudio,1BA$1,050
Glen Eagle Village ApartmentsStudioStudio,1BA$1,072
Melrose Place ApartmentsMelrose 1 bedroom1BR,1BA$1,100
Victoria Mews1 bed1BR,1BA$1,125
Liberty Square ApartmentsOne Bedroom1BR,1BA$1,175
Cavalier Country Club Apartments1BD Standard1BR,1BA$1,195
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1,200
Cedarwood Apartments1 WGAS -gasinclude1BR,1BA$1,240
The OakleyElm1BR,1BA$1,250
Haverford ApartmentsOne Bedroom1BR,1BA$1,255

Best Value Apartments for Rent in Newark, DE

As of January 25, 2026 the best value apartment in the Newark area is the $1.25 price per square foot 3x2.5 BE Model at Walden Townhomes in the in the Meadowood neighborhood starting from $2,125. The second greatest value Newark apartment is the THREE BEDROOM Model at Rittenhouse Station starting at $1,040 with a $0.80 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.
Walden Townhomes3x2.5 BE3BR,2.5BA$1.25
Rittenhouse StationTHREE BEDROOM3BR,3BA$0.80
Elkton Terrace3BR Town3BR,1.5BA$1.32
West Creek Village2B2WC2BR,2BA$1.55
Windsor Forest Townhomes1a. 2 Floor Townhome One Bedroom w/den1BR,1BA$1.60
Meadows at Elk CreekSusquehanna2BR,2BA$1.63
One EastonB2 - A - Standard2BR,2BA$1.58
Christiana ReserveHartley1BR,1BA$1.51
Aspen Run1BD1BR,1BA$1.62
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1.50

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

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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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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 $1,255.

What is the price of a cheap apartment in Newark?

The cheapest apartment in Newark is Melrose Place Apartments which is listed at $1,100, while the average apartment in Newark costs $2,048.

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 12 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 $1,751 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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.