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newark
Last updated September 24 2020 at 9:33 AM

51 Apartments for rent in Newark, DE

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Check out 51 verified apartments for rent in Newark, DE with rents starting as low as $850. Some apartments for rent in Newark might offer rent specials. Look out for the
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rent special icon!
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Verified
17 Units Available
Emblem at Christiana
1150 Helen Dr
Newark, DE
1 Bedroom
$1,672
880 sqft
2 Bedrooms
$1,927
1155 sqft
3 Bedrooms
Ask
Last updated September 24 at 09:31 AM
Located near the Christiana Mall and I-95. This newly built community offers chic finishes, walk-in closets, and in-unit washers and dryers. On-site luxury pool, dog park, green space and a game room.
$
Verified
125 Units Available
Lehigh Flats
650 Lehigh Road
Newark, DE
1 Bedroom
$1,123
738 sqft
2 Bedrooms
$1,289
997 sqft
Last updated September 24 at 06:35 AM
Love coming home to Lehigh Flats! Celebrate where you live by choosing a location that offers convenience to shops, entertainment and employment.
Verified
235 Units Available
Thorn Flats
91 Thorn Lane
Newark, DE
Studio
$989
484 sqft
1 Bedroom
$1,090
735 sqft
2 Bedrooms
$1,249
984 sqft
Last updated September 24 at 06:00 AM
A life of ease awaits at Thorn Flats Are you looking for luxury apartments in Newark, DE? Thorn Flats offers studios, one and two bedroom apartments with an ideal location and a high-end amenity package.
Verified
11 Units Available
Coopers Place
152 Chestnut Crossing Dr , Newark, DE
Brookside Park
Studio
$839
650 sqft
1 Bedroom
$1,034
717 sqft
2 Bedrooms
$1,149
919 sqft
Last updated September 24 at 06:09 AM
Community features swimming pool, fitness center and tennis courts. Units offer central A/C, oversized closets and intercom access entry. Located close to several supermarkets and restaurants.
Verified
8 Units Available
Liberty Pointe
207 Mederia Cir
Newark, DE
1 Bedroom
$1,049
675 sqft
2 Bedrooms
$1,139
855 sqft
Last updated September 24 at 06:06 AM
Newly updated apartments energy-efficient windows and custom bedrooms. Online portal for resident payment convenience. Community includes a playground and gym. Close to the University of Delaware and Christiana Mall.
$
Verified
29 Units Available
The Apartments at Pike Creek
100 Red Fox Ln
Newark, DE
1 Bedroom
$1,295
850 sqft
2 Bedrooms
$1,538
1000 sqft
Last updated September 24 at 01:04 AM
The Apartments at Pike Creek, Newarks premier garden apartment community is now fully renovated. The renovated apartments feature new kitchens with designer finishes.
Verified
9 Units Available
Christina Mill
100 Christina Mill Dr
Newark, DE
1 Bedroom
$1,270
630 sqft
2 Bedrooms
$1,585
1005 sqft
Last updated September 24 at 06:15 AM
Modern designs with spacious floor plans, open living spaces, and private outdoor areas. One and two bedroom apartments. Complex is centrally located and just minutes from the University of Delaware.
Verified
2 Units Available
Foxwood
15 Fox Hall
Newark, DE
1 Bedroom
$1,103
700 sqft
2 Bedrooms
$1,232
910 sqft
Last updated March 2 at 02:21 PM
Landscaped grounds feature a picnic area, a pool and laundry. Inside, the apartments have separate dining rooms and in-unit laundry. Just off I-95, the community is minutes from University of Delaware and Christiana Medical Center.
$
Verified
17 Units Available
Hunter's Crossing
41 Fairway Rd
Newark, DE
Studio
$841
356 sqft
1 Bedroom
$981
735 sqft
2 Bedrooms
$1,066
936 sqft
Last updated September 24 at 06:23 AM
Stylish apartment homes with one-, two- and three-bedroom layouts. Dens and garages optional. Located next to Hunters Crossing Shopping Center with grocery and dining. Short drive from I-75 and the Regional Airport.
1 Unit Available
192 Madison Dr.
192 Madison Drive
Newark, DE
4 Bedrooms
$1,400
1125 sqft
Last updated September 24 at 09:42 AM
192 Madison Dr. - Property Id: 336252 ***OPEN HOUSE 9/27/2020 from 12 noon to 1pm*** Well maintained 4 BR T/H Conveniently located in the community of College Park in Newark, DE. Easy walking distance to Main St and UD campus.
1 Unit Available
49 CHURCH STREET
49 Church Street
Newark, DE
3 Bedrooms
$1,600
1250 sqft
Last updated September 24 at 09:38 AM
Nice ranch home on a short dead end street right on the University of Delaware campus. This home has 3 bedrooms and 2 full baths, unfinished basement, rear porch and front open porch. Off-street parking for 3 cars.
1 Unit Available
87 KELLS AVENUE
87 Kells Avenue
Newark, DE
3 Bedrooms
$2,100
2000 sqft
Last updated September 24 at 09:38 AM
City of Newark Cape Cod. 3 bedrooms, 2 full baths. Open floor plan. Built-in book cases in living room. Bright open kitchen with stainless steel appliances with access to large rear deck. Basement with washer and dryer.
1 Unit Available
24 Annabelle Street
24 Annabelle Street
Newark, DE
4 Bedrooms
$2,500
Last updated June 1 at 09:40 AM
24 Annabelle Street, Newark, DE 19711 - Recently renovated 4 bedroom 1 bath 1/2 duplex in convenient location to the University of Delaware and Main Street Newark.
Results within 1 mile of Newark
Verified
6 Units Available
Iron Ridge
4301 Stone Gate Blvd
Elkton, MD
1 Bedroom
$1,271
936 sqft
2 Bedrooms
$1,221
968 sqft
3 Bedrooms
Ask
Last updated September 24 at 06:02 AM
Community features landscaping, pool, and picnic area. Units include fully equipped kitchens, balconies, and cable access. Great location close to the University of Delaware and I-95.
Verified
11 Units Available
Stonegate at Iron Ridge
4301 Stone Gate Blvd
Elkton, MD
1 Bedroom
$1,116
815 sqft
2 Bedrooms
$1,236
1011 sqft
3 Bedrooms
$1,841
1353 sqft
Last updated September 24 at 06:07 AM
Relax on the sundeck of your sparkling resort pool. Take a morning stroll and enjoy the view of the tranquil pond. Toss a ball with your fur family member at AION Wag, our onsite Dog Park.
1 Unit Available
6 Highland Cir
6 Highland Circle
New Castle County, DE
4 Bedrooms
$1,450
1825 sqft
Last updated September 24 at 08:44 AM
This townhouse features 3 bedrooms on the upper level, A 3/4 bath in-side the MA bedroom and a shared bath for the other 2 bedrooms.
Results within 5 miles of Newark
1 Unit Available
53 Sherin Drive
53 Sherin Drive
New Castle County, DE
4 Bedrooms
$2,100
2750 sqft
Last updated September 24 at 09:42 AM
Open house, Saturday, 9/19/20 from 1:00 pm to 3:00 pm Charming 4 bedroom in Newark! - Wonderful 4 bedroom 2.5 bath in Newark. Close to everything.
1 Unit Available
830 Southwood Road
830 Southwood Road
Chester County, PA
3 Bedrooms
$2,100
2500 sqft
Last updated September 24 at 09:41 AM
House for Rent at 803 Southwood Road - REMARKS: Take a virtual tour at: https://White-Robbins-Property-Management.vr-360-tour.
1 Unit Available
433 Scarecrow Court
433 Scarecrow Court
Pike Creek, DE
3 Bedrooms
$1,950
3920 sqft
Last updated September 24 at 09:41 AM
- 3 Bedroom townhome on cul de sac in Dennison Ridge. Beautifully maintained with new carpet and paint throughout. Kitchen with granite counter tops and back deck access from dining.
1 Unit Available
212 PATRIOTS WAY
212 Patriot's Way
Elkton, MD
4 Bedrooms
$1,850
2584 sqft
Last updated September 24 at 09:38 AM
Come view this 4 Bedroom 3.5 bath in Patriots Glen Golf Course Community. This house backs to the golf course providing a very private back yard. No pets. Each applicant must have a credit score of at least 650.
1 Unit Available
267 E MAIN STREET
267 East Main Street
Elkton, MD
2 Bedrooms
$1,300
1224 sqft
Last updated September 24 at 09:38 AM
This roomy 2 bedroom apartment features views of a creek and pond, roomy interior, separate dining room and sun porch. No pets. Garage not included, but for an additional $200.00 a month you can rent 1 bay of the garage.
1 Unit Available
169 STEVEN LANE
169 Steven Lane , Pike Creek, DE
Limestone Hills
3 Bedrooms
$2,000
1950 sqft
Last updated September 24 at 09:38 AM
Lovely Limestone Hills West townhome with 1st floor master bedroom. Features 3 bedrooms, 2.5 baths, a totally and beautifully finished basement and a 2 car garage with opener. Living room with fireplace.
1 Unit Available
427 STRATHAVEN COURT
427 Strat-Haven Court
Bear, DE
3 Bedrooms
$950
1150 sqft
Last updated September 24 at 09:38 AM
Glasgow Pines 3br, 1.5ba townhome with composite wood flooring on 1st floor. Backs to small wooded area. Living room with bay window; nice-sized combination family room/ dining room off open kitchen. 14x11 main bedroom with walk-in closet.
1 Unit Available
2114 PASTERNAK PLACE
2114 Pasternak Place
New Castle County, DE
2 Bedrooms
$1,075
800 sqft
Last updated September 24 at 09:38 AM
This home is not listed on Craigslist. Do not fall for a scam speaking to John Greyson from Westbury, New York. He is a scam artist. Any questions call 302-492-6325 or your local police. Apply online at https://mawnhomes.tenantcloud.com.

Median Rent in Newark

Last updated Aug. 2020
The median rent for a 1 bedroom apartment in Newark is $1,155, while the median rent for a 2 bedroom apartment is $1,395.
Studio
$973
1 Bed
$1,155
2 Beds
$1,395
3+ Beds
$1,745
Find More Rentals By

Bedrooms

Newark 1 Bedroom ApartmentsNewark 2 Bedroom Apartments

Bedrooms

Find More Rentals in Nearby
Find an apartment for rent in Newark, DE

Searching for an apartment for rent in Newark, DE? Look no further! Apartment List will help you find a perfect apartment near you. There are 51 available rental units listed on Apartment List in Newark. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The median rent in Newark is $973 for a studio, $1,155 for a one-bedroom apartment, and $1,395 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Newark apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust ApartmentList.com to help you find your next Newark, DE apartment rental! After all, everyone deserves a home they love.
Frequently Asked Questions (FAQs)
Frequently Asked Questions
How much is rent in Newark?
In Newark, the median rent is $973 for a studio, $1,155 for a 1-bedroom, $1,395 for a 2-bedroom, and $1,745 for a 3-bedroom. For more information on rental trends in Newark, check out our monthly Newark Rent Report.
How much is rent in Newark?
In Newark, the median rent is $973 for a studio, $1,155 for a 1-bedroom, $1,395 for a 2-bedroom, and $1,745 for a 3-bedroom. For more information on rental trends in Newark, check out our monthly Newark Rent Report.
How can I find a pet-friendly apartment in Newark?
You can use the pet-friendly filter to find Newark apartments that allow pets.
How can I find a pet-friendly apartment in Newark?
You can use the pet-friendly filter to find Newark apartments that allow pets.
How can I tour apartments during the COVID-19 pandemic?
While some Newark properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How can I tour apartments during the COVID-19 pandemic?
While some Newark properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How much should I pay for rent in Newark?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Newark.
How much should I pay for rent in Newark?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Newark.
How can I find off-campus housing in Newark?
You can use the off-campus housing filters to find apartments near colleges located in or around Newark. Some of the colleges and universities in the area include University of Delaware, and Wesley College.
How can I find off-campus housing in Newark?
You can use the off-campus housing filters to find apartments near colleges located in or around Newark. Some of the colleges and universities in the area include University of Delaware, and Wesley College.
City GuideNewark
Delaware, in general, is a small place. So, it’s only natural that Newark be relatively small in size as well. But wow, do they pack a lot of action and amazing apartment rentals into one small space! What these residents (31,000 plus) have in common is their ability to live in a happening small town at an extremely affordable rate. Want to be magically whisked away to Delaware? We’ve got your Newark apartment guide right here.
Delaware, in general, is a small place. So, it’s only natural that Newark be relatively small in size as well. But wow, do they pack a lot of action and amazing apartment rentals into one small space! What these residents (31,000 plus) have in common is their ability to live in a happening small town at an extremely affordable rate. Want to be magically whisked away to Delaware? We’ve got your Newark apartment guide right here.
Life in Newark

There is NO shortage of amazing apartments for rent in Newark. In fact, there may actually be so many to choose from that you’ll be glad we helped. Typically, studio apartments start at $585, one bedrooms start at $700, and two bedrooms at $800. Though you’ll can find some fine luxury here, even the more modest apartments come with top notch amenities. Things like a balcony, laundry facilities, swimming pool, private entryway, jogging paths, and utilities included are run of the mill when renting apartments in Newark.

If it’s luxury you are after, apartments like Korman Residential will cost you a bit more, but will include literally everything you could wish for. One bedroom luxury apartments in Newark will cost about $980-$1,400, two bedrooms up to $1,600, and they all offer a view, high ceilings, in-unit washer and dryer, large kitchens, coffee bar, wifi, fireplaces, etc. If you’re still wishing for more, we need to talk.

Moving with just a few personal possessions? No sweat in Newark. Furnished apartments are available all over town. Want to lessen your carbon footprint? Go “green” with a rental at Studio Green, which also features green amenities and yoga! Pet owners can find plenty of pet-friendly apartments for rent in Newark (just expect to pay a deposit upon move-in).

It’s important to get started on your apartment hunt early. Apartments for rent around here tend to go fast, but because of this the market is competitive and communities often run specials/discounts.

No matter your budget or way of life, you will have no trouble finding an apartment in Newark in a fun community. Full of character and a ton of city pride, Newark is just waiting to be your next home. Nab your new apartment in Newark—a small town with a ton of opportunity!

Life in Newark
+

There is NO shortage of amazing apartments for rent in Newark. In fact, there may actually be so many to choose from that you’ll be glad we helped. Typically, studio apartments start at $585, one bedrooms start at $700, and two bedrooms at $800. Though you’ll can find some fine luxury here, even the more modest apartments come with top notch amenities. Things like a balcony, laundry facilities, swimming pool, private entryway, jogging paths, and utilities included are run of the mill when renting apartments in Newark.

If it’s luxury you are after, apartments like Korman Residential will cost you a bit more, but will include literally everything you could wish for. One bedroom luxury apartments in Newark will cost about $980-$1,400, two bedrooms up to $1,600, and they all offer a view, high ceilings, in-unit washer and dryer, large kitchens, coffee bar, wifi, fireplaces, etc. If you’re still wishing for more, we need to talk.

Moving with just a few personal possessions? No sweat in Newark. Furnished apartments are available all over town. Want to lessen your carbon footprint? Go “green” with a rental at Studio Green, which also features green amenities and yoga! Pet owners can find plenty of pet-friendly apartments for rent in Newark (just expect to pay a deposit upon move-in).

It’s important to get started on your apartment hunt early. Apartments for rent around here tend to go fast, but because of this the market is competitive and communities often run specials/discounts.

No matter your budget or way of life, you will have no trouble finding an apartment in Newark in a fun community. Full of character and a ton of city pride, Newark is just waiting to be your next home. Nab your new apartment in Newark—a small town with a ton of opportunity!

Read More
City GuideNewark
Delaware, in general, is a small place. So, it’s only natural that Newark be relatively small in size as well. But wow, do they pack a lot of action and amazing apartment rentals into one small space! What these residents (31,000 plus) have in common is their ability to live in a happening small town at an extremely affordable rate. Want to be magically whisked away to Delaware? We’ve got your Newark apartment guide right here.
Delaware, in general, is a small place. So, it’s only natural that Newark be relatively small in size as well. But wow, do they pack a lot of action and amazing apartment rentals into one small space! What these residents (31,000 plus) have in common is their ability to live in a happening small town at an extremely affordable rate. Want to be magically whisked away to Delaware? We’ve got your Newark apartment guide right here.
Life in Newark

There is NO shortage of amazing apartments for rent in Newark. In fact, there may actually be so many to choose from that you’ll be glad we helped. Typically, studio apartments start at $585, one bedrooms start at $700, and two bedrooms at $800. Though you’ll can find some fine luxury here, even the more modest apartments come with top notch amenities. Things like a balcony, laundry facilities, swimming pool, private entryway, jogging paths, and utilities included are run of the mill when renting apartments in Newark.

If it’s luxury you are after, apartments like Korman Residential will cost you a bit more, but will include literally everything you could wish for. One bedroom luxury apartments in Newark will cost about $980-$1,400, two bedrooms up to $1,600, and they all offer a view, high ceilings, in-unit washer and dryer, large kitchens, coffee bar, wifi, fireplaces, etc. If you’re still wishing for more, we need to talk.

Moving with just a few personal possessions? No sweat in Newark. Furnished apartments are available all over town. Want to lessen your carbon footprint? Go “green” with a rental at Studio Green, which also features green amenities and yoga! Pet owners can find plenty of pet-friendly apartments for rent in Newark (just expect to pay a deposit upon move-in).

It’s important to get started on your apartment hunt early. Apartments for rent around here tend to go fast, but because of this the market is competitive and communities often run specials/discounts.

No matter your budget or way of life, you will have no trouble finding an apartment in Newark in a fun community. Full of character and a ton of city pride, Newark is just waiting to be your next home. Nab your new apartment in Newark—a small town with a ton of opportunity!

Life in Newark
+

There is NO shortage of amazing apartments for rent in Newark. In fact, there may actually be so many to choose from that you’ll be glad we helped. Typically, studio apartments start at $585, one bedrooms start at $700, and two bedrooms at $800. Though you’ll can find some fine luxury here, even the more modest apartments come with top notch amenities. Things like a balcony, laundry facilities, swimming pool, private entryway, jogging paths, and utilities included are run of the mill when renting apartments in Newark.

If it’s luxury you are after, apartments like Korman Residential will cost you a bit more, but will include literally everything you could wish for. One bedroom luxury apartments in Newark will cost about $980-$1,400, two bedrooms up to $1,600, and they all offer a view, high ceilings, in-unit washer and dryer, large kitchens, coffee bar, wifi, fireplaces, etc. If you’re still wishing for more, we need to talk.

Moving with just a few personal possessions? No sweat in Newark. Furnished apartments are available all over town. Want to lessen your carbon footprint? Go “green” with a rental at Studio Green, which also features green amenities and yoga! Pet owners can find plenty of pet-friendly apartments for rent in Newark (just expect to pay a deposit upon move-in).

It’s important to get started on your apartment hunt early. Apartments for rent around here tend to go fast, but because of this the market is competitive and communities often run specials/discounts.

No matter your budget or way of life, you will have no trouble finding an apartment in Newark in a fun community. Full of character and a ton of city pride, Newark is just waiting to be your next home. Nab your new apartment in Newark—a small town with a ton of opportunity!

Rent Report
Newark

September 2020 Newark Rent Report

Welcome to the September 2020 Newark Rent Report. Newark rents remained steady over the past month. In this report, we'll evaluate trends in the Newark rental market, including comparisons to cities throughout the metro, state, and nation.

Newark rents held steady over the past month

Newark rents have remained flat over the past month, however, they are up moderately by 3.0% year-over-year. Currently, median rents in Newark stand at $1,156 for a one-bedroom apartment and $1,395 for a two-bedroom. Newark's year-over-year rent growth lags the state average of 3.1%, but exceeds the national average of 0.3%.

    Rents rising across the Philadelphia Metro

    Throughout the past year, rent increases have been occurring not just in the city of Newark, but across the entire metro. Of the largest 10 cities that we have data for in the Philadelphia metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Over the past year, King of Prussia is the only city in the metro that has seen rents fall, with a decline of 3.1%. Median two-bedrooms there cost $1,488, while one-bedrooms go for $1,232.
    • Newark has seen the fastest rent growth in the metro, with a year-over-year increase of 3.0%. The median two-bedroom there costs $1,395, while one-bedrooms go for $1,156.
    • Lansdale has the most expensive rents of the largest cities in the Philadelphia metro, with a two-bedroom median of $1,766; rents grew 0.5% over the past month and 1.4% over the past year.
    • Pottstown has the least expensive rents in the Philadelphia metro, with a two-bedroom median of $1,003; rents increased 3.0% over the past year but remained flat month-over-month.

    Many large cities nationwide show more affordable rents compared to Newark

    As rents have increased moderately in Newark, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Newark is less affordable for renters.

    • Newark's median two-bedroom rent of $1,395 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
    • While Newark's rents rose moderately over the past year, some cities nationwide saw increases as well, including Columbus (+1.0%) and Detroit (+0.8%).
    • Renters will generally find more expensive prices in Newark than most large cities. For example, Detroit has a median 2BR rent of $902, where Newark is more than one-and-a-half times that price.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Philadelphia
    $980
    $1,180
    0
    0.1%
    Wilmington
    $1,090
    $1,310
    -0.1%
    2.4%
    Levittown
    $1,370
    $1,660
    0.3%
    1.2%
    Norristown
    $1,210
    $1,460
    0.4%
    2.5%
    Newark
    $1,160
    $1,400
    0.1%
    3%
    Drexel Hill
    $910
    $1,100
    -0.1%
    1.1%
    Pottstown
    $800
    $1,000
    0
    3%
    King of Prussia
    $1,230
    $1,490
    0.2%
    -3.1%
    West Chester
    $1,330
    $1,610
    0.6%
    0.3%
    Lansdale
    $1,460
    $1,770
    0.5%
    1.4%
    Lansdowne
    $880
    $1,070
    0.2%
    0.6%
    Doylestown
    $1,430
    $1,720
    0.4%
    1.9%
    Claymont
    $1,090
    $1,320
    0.3%
    7.3%
    North East
    $1,080
    $1,300
    1.4%
    7.4%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Read More

    September 2020 Newark Rent Report

    Welcome to the September 2020 Newark Rent Report. Newark rents remained steady over the past month. In this report, we'll evaluate trends in the Newark rental market, including comparisons to cities throughout the metro, state, and nation.

    View full Rent Report

    September 2020 Newark Rent Report

    Welcome to the September 2020 Newark Rent Report. Newark rents remained steady over the past month. In this report, we'll evaluate trends in the Newark rental market, including comparisons to cities throughout the metro, state, and nation.

    Newark rents held steady over the past month

    Newark rents have remained flat over the past month, however, they are up moderately by 3.0% year-over-year. Currently, median rents in Newark stand at $1,156 for a one-bedroom apartment and $1,395 for a two-bedroom. Newark's year-over-year rent growth lags the state average of 3.1%, but exceeds the national average of 0.3%.

      Rents rising across the Philadelphia Metro

      Throughout the past year, rent increases have been occurring not just in the city of Newark, but across the entire metro. Of the largest 10 cities that we have data for in the Philadelphia metro, 9 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

      • Over the past year, King of Prussia is the only city in the metro that has seen rents fall, with a decline of 3.1%. Median two-bedrooms there cost $1,488, while one-bedrooms go for $1,232.
      • Newark has seen the fastest rent growth in the metro, with a year-over-year increase of 3.0%. The median two-bedroom there costs $1,395, while one-bedrooms go for $1,156.
      • Lansdale has the most expensive rents of the largest cities in the Philadelphia metro, with a two-bedroom median of $1,766; rents grew 0.5% over the past month and 1.4% over the past year.
      • Pottstown has the least expensive rents in the Philadelphia metro, with a two-bedroom median of $1,003; rents increased 3.0% over the past year but remained flat month-over-month.

      Many large cities nationwide show more affordable rents compared to Newark

      As rents have increased moderately in Newark, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Compared to most large cities across the country, Newark is less affordable for renters.

      • Newark's median two-bedroom rent of $1,395 is above the national average of $1,195. Nationwide, rents have held steady over the past year.
      • While Newark's rents rose moderately over the past year, some cities nationwide saw increases as well, including Columbus (+1.0%) and Detroit (+0.8%).
      • Renters will generally find more expensive prices in Newark than most large cities. For example, Detroit has a median 2BR rent of $902, where Newark is more than one-and-a-half times that price.

      For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

      City
      Median 1BR Rent
      Median 2BR Rent
      M/M Rent Growth
      Y/Y Rent Growth
      Philadelphia
      $980
      $1,180
      0
      0.1%
      Wilmington
      $1,090
      $1,310
      -0.1%
      2.4%
      Levittown
      $1,370
      $1,660
      0.3%
      1.2%
      Norristown
      $1,210
      $1,460
      0.4%
      2.5%
      Newark
      $1,160
      $1,400
      0.1%
      3%
      Drexel Hill
      $910
      $1,100
      -0.1%
      1.1%
      Pottstown
      $800
      $1,000
      0
      3%
      King of Prussia
      $1,230
      $1,490
      0.2%
      -3.1%
      West Chester
      $1,330
      $1,610
      0.6%
      0.3%
      Lansdale
      $1,460
      $1,770
      0.5%
      1.4%
      Lansdowne
      $880
      $1,070
      0.2%
      0.6%
      Doylestown
      $1,430
      $1,720
      0.4%
      1.9%
      Claymont
      $1,090
      $1,320
      0.3%
      7.3%
      North East
      $1,080
      $1,300
      1.4%
      7.4%
      See More

      Methodology - Recent Updates:

      Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

      Read more about our new methodology below, or see a more detailed post here.

      Methodology:

      Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

      Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

      Read more about our methodology here.

      About Rent Reports:

      Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

      We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.