True Cost of Renting in Newark, DE

Newark (NOT to be confused with Newark, NJ) is home to the University of Delaware, which is the dominant force in the local rental market. Main Street is a walkable college-town commercial district. Amtrak NEC service at the Newark station provides Philadelphia access. SEPTA R2 regional rail also stops here. Delmarva Power serves electricity.

Neighborhoods & Average Rents

Main Street / UD Campus Area

Studio:
$1,000/mo
1 Bed:
$1,200/mo
2 Bed:
$1,700/mo

Walkable college-town core adjacent to University of Delaware; shops and restaurants on Main Street. Competitive August rental market due to UD semester. Delmarva Power electric. DART bus access. SEPTA R2 train to Philadelphia in 40 minutes.

North Newark / Suburban

Studio:
$900/mo
1 Bed:
$1,100/mo
2 Bed:
$1,600/mo

Quieter residential areas north of Main Street; apartment complexes and residential neighborhoods with lower rents than campus area. Car required for most errands outside Main Street. Less influenced by student turnover cycles.

Glasgow / Kirkwood Highway Corridor

1 Bed:
$1,100/mo
2 Bed:
$1,600/mo

Eastern suburban corridor with apartment complexes; AstraZeneca Delaware campus is nearby. Car required. Route 40 and I-95 access. More suburban character than Main Street area.

Utility Providers

Electric
Delmarva Power (Exelon)
Water
United Water Delaware / Artesian
Internet
Comcast Xfinity, Verizon Fios, Frontier

Commute & Transportation

Newark's SEPTA R2 station provides Philadelphia access in 40 minutes (local stops). Amtrak NEC at Newark Station (fewer trains than Wilmington, but still NEC). I-95 and I-295 provide highway access to Wilmington (10 miles north) and Philadelphia (40 miles northeast). Major employers: University of Delaware (6,000+ employees), AstraZeneca Delaware campus (pharmaceutical R&D), and ING Americas Insurance. DART First State buses connect to Wilmington and Dover.

Rental Market Overview

Newark is a college-town market — August turnover is intense as UD students cycle through. Delmarva Power rates are moderate. Delaware's no-sales-tax advantage applies. The AstraZeneca campus brings pharmaceutical industry renters who prefer quieter environments. Renters insurance averages $13–18/month. No broker fees standard in Delaware.

Data last updated: 2026-04

Compare Apartments in Newark

Enter your rental options below to see the true all-in monthly cost.

Renting in Newark: Common Questions

What is the average rent in Newark?
One-bedroom apartments in Newark range from $1,100/month in North Newark / Suburban to $1,200/month in Main Street / UD Campus Area. Two-bedroom units range from $1,600 to $1,700/month. These are base rents — add fees, utilities, and amenity costs to get the true all-in monthly cost.
What utilities do I need to set up in Newark?
In Newark, electricity is provided by Delmarva Power (Exelon), water by United Water Delaware / Artesian, and common internet providers include Comcast Xfinity, Verizon Fios, Frontier. Check whether your lease includes water or trash — some buildings bundle these into rent while others charge separately. Always ask the leasing office for the average monthly utility bill before signing.
What neighborhoods are affordable in Newark?
North Newark / Suburban is one of the most affordable neighborhoods in Newark, with one-bedroom apartments averaging $1,100/month. Quieter residential areas north of Main Street; apartment complexes and residential neighborhoods with lower rents than campus area. Car required for most errands outside Main Street. Less influenced by student turnover cycles. Remember to factor in commute costs and parking fees when comparing neighborhoods — a cheaper base rent farther from work may cost more overall.
Is Newark expensive to rent in?
Newark is a college-town market — August turnover is intense as UD students cycle through. Delmarva Power rates are moderate. Use RentCompare to calculate the true all-in cost for any apartment in Newark — base rent alone does not tell the full story.

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