Cheap Homes for Rent in Newark, DE from $500 (10 Rentals)

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property at 1 Bassett Pl

1 Bassett Pl

NewarkDE19711

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.

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.

Newark, DE Local Guide

Cheapest Neighborhoods for Apartments in Newark, DE

Pricing Updated: 07/28/2025

Current apartment rentals in the Newark, DE area range in price from $924 to $4,985 with an overall median price of $2,078. The three Newark neighborhoods with the lowest median rent pricing are Meadowood at $1,050, Choate 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
Meadowood$1,864$1,05060
Choate$1,869$1,04558
English Village$1,899$1,05053
Fairway Falls$1,909$1,05031
Meadowbrook$1,929$1,05027
Roseville Park$1,929$1,04575
Estates at Farmington$2,132$92445
Traditions at Christiana$3,095$1,04580

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
The OakleyElm1BR,1BA$1,200

Best Value Apartments for Rent in Newark, DE

As of July 28, 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 Nottingham 3x2.5 Model at Valley Stream Village Townhomes starting at $2,150 with a $1.58 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
Valley Stream Village TownhomesNottingham 3x2.53BR,2.5BA$1.58
The Reserve at Becks Pond2BD2BR,2BA$1.59
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
Cavalier Country Club Apartments1BD Deluxe1BR,1BA$1.57
Salem VillageOne Bedroom1BR,1BA$1.45

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Frequently Asked Questions about Newark

What type of rentals are currently available in Newark?

There are currently 167 Apartments for Rent in Newark, DE with pricing that ranges from $924 to $4,985. There are also 99 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newark ranging from $500 to $3,500.

What is the current price range for Rental Homes in Newark?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Newark ranges from $500 to $3,500 with an average monthly rent of $1,751.

How much are larger Three and Four Bedroom Rentals in Newark?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Newark range from $1,330 to $4,985, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,975 and Four Bedroom Apartments start at $2,980.

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.

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

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.