Rental market trends in New Castle, DE
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Average Apartment Cost in New Castle, DE
The average rent for apartments in New Castle, DE, is between $1,380 and $1,537 in 2023. For a studio apartment in New Castle, DE, the average rent is $1,527. When it comes to 1-bedroom apartments, the average rent in New Castle, DE, is $1,380. For a 2-bedroom apartment, the average rent is $1,537.
Apartment Rent Ranges in New Castle, DE
Apartment Prices Proportion | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| $501-$700 | 0% | $701-$1,000 | 0% | $1,001-$1,500 | 0% | $2,101+ | 0% |
How Other Cities Compare to New Castle, DE
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Bensalem | $2,510 | 0% |
| Bel Air | $2,137 | -2% |
| Bala Cynwyd | $1,981 | +13% |
| Cherry Hill | $1,812 | -16% |
| Phoenixville | $1,690 | +4% |
| West Chester | $1,562 | +7% |
| Wilmington | $1,460 | +4% |
| Philadelphia | $1,312 | -2% |
| Lancaster | $1,210 | +21% |
| Dover | $1,145 | +4% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Bala Cynwyd | $2,046 | -6% |
| West Chester | $1,901 | +8% |
| Philadelphia | $1,847 | +3% |
| Phoenixville | $1,820 | -2% |
| Middletown | $1,705 | +3% |
| Northeast Philadelphia | $1,609 | +15% |
| Bensalem | $1,569 | +4% |
| Bel Air | $1,512 | +15% |
| Wilmington | $1,490 | -3% |
| Lancaster | $1,481 | +13% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Bala Cynwyd | $2,699 | +2% |
| Cherry Hill | $2,692 | +3% |
| Phoenixville | $2,367 | +6% |
| West Chester | $2,164 | +5% |
| Philadelphia | $2,142 | +6% |
| Northeast Philadelphia | $1,939 | +13% |
| Media | $1,925 | +20% |
| Bel Air | $1,875 | -12% |
| Bensalem | $1,868 | +3% |
| Middletown | $1,865 | +5% |
New Castle, DE Rent Trends
| Studio | 1 Bed | 2 Beds | |||||||||||||||||||
| Jun 2020 | Jul 2020 | Aug 2020 | Jun 2021 | Jul 2021 | Oct 2021 | Nov 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 |
| $1322 | $1322 | $1477 | $1632 | $1702 | $1200 | $1200 | $1710 | $1540 | $1677 | $1862 | $1835 | $1831 | $1827 | $1780 | $1729 | $1678 | $1627 | $1576 | $1527 | $1527 | $1527 |
| $1325 | $1325 | $1325 | $1325 | $1325 | $1325 | $1325 | $1325 | $1325 | $1325 | $1325 | $1350 | $1350 | $1350 | $1350 | $1397 | $1397 | $1390 | $1372 | $1372 | $1372 | $1380 |
| $1512 | $1512 | $1512 | $1512 | $1512 | $1512 | $1512 | $1512 | $1512 | $1512 | $1512 | $1512 | $1512 | $1525 | $1525 | $1512 | $1512 | $1525 | $1512 | $1512 | $1525 | $1537 |
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