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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Newport town, Delaware?

$1,188/month 3.9%vs 2023 ($1,143)

City · Census ACS 5-Year estimates

The median gross rent in Newport town, Delaware is $1,188/month (±$76), based on Census ACS 5-Year estimates (2024). The median home value is $246,000 (±$23,388), and the median household income is $60,761/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Newport town, Delaware

MetricValue
Median Gross Rent$1,188
Median Home Value$246,000
Median Household Income$60,761
Total Housing Units320
Renter-Occupied Units181
Renter-Occupied Share57%
Households Paying 50%+ Income46 households

How does Newport town, Delaware compare?

Median gross rent ranked against all cities in Delaware.

Higher rent than 32% of cities in Delaware · 44th of 63

Cheapest: Bowers town($850)
Priciest: Hockessin CDP($3,501)
#CityValue
1Hockessin CDP$3,501
2Dewey Beach town$2,536
3Pike Creek CDP$2,262
… 40 more …
44Newport town(you are here)$1,188
… 16 more …
61Bowers town$850
62Felton town$848
63Lewes city$381

More data for Newport town, Delaware

Frequently asked questions

What is the average rent in Newport town, Delaware?

The median gross rent in Newport town, Delaware is $1,188/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 Newport town, Delaware?

The median rent for a 2-bedroom in Newport town, 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 Newport town, Delaware?

The median home value in Newport town, Delaware is $246,000 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Newport town are rent-burdened?

In Newport town, Delaware, 46 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 Newport town, Delaware?

The median household income in Newport town, Delaware is $60,761/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 $1,188 has a margin of error of ±$76. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.