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
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