Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Newark city, Delaware?
City · Census ACS 5-Year estimates
The median gross rent in Newark city, Delaware is $1,654/month (±$89), based on Census ACS 5-Year estimates (2024). The median home value is $382,500 (±$16,984), and the median household income is $76,912/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Newark city, Delaware
| Metric | Value |
|---|---|
| Median Gross Rent | $1,654 |
| Median Home Value | $382,500 |
| Median Household Income | $76,912 |
| Total Housing Units | 8,594 |
| Renter-Occupied Units | 4,235 |
| Renter-Occupied Share | 49% |
| Households Paying 50%+ Income | 1,939 households |
How does Newark city, Delaware compare?
Median gross rent ranked against all cities in Delaware.
Higher rent than 81% of cities in Delaware · 13th of 63
| # | City | Value |
|---|---|---|
| 1 | Hockessin CDP | $3,501 |
| 2 | Dewey Beach town | $2,536 |
| 3 | Pike Creek CDP | $2,262 |
| … 9 more … | ||
| 13 | Newark city(you are here) | $1,654 |
| … 47 more … | ||
| 61 | Bowers town | $850 |
| 62 | Felton town | $848 |
| 63 | Lewes city | $381 |
More data for Newark city, Delaware
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Frequently asked questions
What is the average rent in Newark city, Delaware?
The median gross rent in Newark city, Delaware is $1,654/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Newark city, Delaware?
The median rent for a 2-bedroom in Newark city, Delaware is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Newark city, Delaware?
The median home value in Newark city, Delaware is $382,500 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Newark city are rent-burdened?
In Newark city, Delaware, 1,939 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Newark city, Delaware?
The median household income in Newark city, Delaware is $76,912/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,654 has a margin of error of ±$89. In very small areas, MOEs can be large relative to the estimate.
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