Newark Apartments and Rentals

College town Newark, Delaware, is home to 31,454 residents, according to statistics from the U.S. Census Bureau. Originally settled by Scots-Irish and Welsh immigrants in the early 1700s, Newark has grown and evolved to become a thriving and diverse city.

This sizable college town was once a quaint farming village. In 1765, a small grammar school came to Newark, setting an educational tone for the city. The small grammar school eventually became Newark College, which then became Delaware College. In 1921, the school received a state charter, becoming the University of Delaware. Newark's economy grew around education, paper milling and manufacturing. Modern-day Newark is still thriving, keeping an eye out for history as it upgrades and modernizes. Mixed-use redevelopment and downtown restoration continue to improve the city, creating more Newark apartments for rent.

Throughout the years, Newark has grown and developed into a self-sustaining city. Christiana Mall offers residents a typical shopping experience, while downtown revitalization projects have brought more local businesses to the scene. In 2011, Newark became a Great American Main Street Award winner.

The University of Delaware brings with it a young and vibrant college culture to the town. Thousands of undergraduates attend the university each year, creating a need for a vibrant dining and nightlife scene. The abundance of students also creates a high demand for housing, so incoming residents wanting a Newark rental should prepare to search for an apartment months in advance.

This college town is home to more than 20,000 students; more than half of its total population. The University of Delaware is more than 250 years old and has played a pivotal role in shaping the Newark community. Newark is also home to Delaware Technical Community College.

Many Newark residents live and reside in Newark. The city promotes a "Live Where You Work" program, encouraging shorter commutes and more efficient land use. Commuters can also utilize the Southeastern Pennsylvania Transportation Authority commuter rail between Newark and Philadelphia.

Newark living is quite affordable by Mid-Atlantic standards. According to city-data.com, the cost of living in Newark is rated at 104 - four percent above the national average. The city's relatively small size and prominent collegiate population keep life simple in Newark, adding to the city's charm. Residents who take advantage of Newark's "Live Where You Work Program" will also notice that they spend less on gasoline when living within the city limits.

The gross median rent in Newark is $925, which is likely affected by college apartments and housing. Probably because of Newark's collegiate population, 48.3 percent homes were rented properties, while 51.7 percent of of homes were owned.

The University of Delaware's athletes enjoy variety of college sporting events, including football, basketball and baseball games. In addition to sports, the university brings musical and artistic entertainment to the community. New residents wanting a Newark apartment may want to consider renting near campus if they prefer to be close to all of the action.

Newark is also home to many festivals and fairs, including the Newark Food and Brew Fest and Delaware Saengerbund Oktoberfest.

Residents wanting to get out of the city and take in some nature can take a short drive or bike ride north and enjoy White Clay Creek State Park. The park's natural beauty is showcased on scenic trails, streams and fields.

To find a Newark apartment or rental, check out our apartment listings. Rent.com® is happy to help you find your next home.