Average Rent in New Castle, DE

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Current Versus Historical New Castle, DE Rents

New Castle rentals average $1,775 for a 1-bedroom rental to $2,500 for a 3-bedroom rental. The median price of all currently available listings is $2,000, or roughly $22 per square feet.

For the apartment units and housing in July 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $32 (1.77%) year-over-year from $1,793 to $1,825. 1-bedroom rentals prices have increased by $458 (34.81%) year-over-year from $1,317 to $1,775. 2-bedroom rentals prices have decreased by $75 (-4.62%) year-over-year from $1,625 to $1,550. 3-bedroom rentals prices have increased by $300 (13.64%) year-over-year from $2,200 to $2,500. 4-bedroom rentals prices have decreased by $60 (-2.43%) year-over-year from $2,460 to $2,400. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 24.59% this month. 2-bedroom rents have gone down by 11.22% this month. 3-bedroom rents have gone up by 1.35% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$25.63	$1,775	$1,317 (34.81%)	$1,525 (16.39%)
2 BR	$21.88	$1,550	$1,625 (-4.62%)	$1,408 (10.06%)
3 BR	$20.09	$2,500	$2,200 (13.64%)	$2,263 (10.50%)

Historical Rents in New Castle, DE

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near New Castle

There are a total of 1 cities nearby New Castle. The average rent in New Castle is currently $1,698 per month. Only one city nearby has an average rent lower than that. Our records show that Wilmington, DE, with an average rent of $1,698, is the most affordable city nearby. In contrast, the most expensive city near New Castle, DE is Wilmington, DE. Monthly rents here are on average $1,698 per month.

Let's compare New Castle, DE's rent against other top cities nearby by bedroom size. One bedrooms are about 16.90% more expensive. Two bedrooms in New Castle, DE are about 3.06% more affordable. Finally, rent for three bedrooms are about 12.20% more expensive. Want more information? Check out the top 1 cities near New Castle, DE in the following table.

City	Studio	1 Bed	2 Bed	All
Wilmington, DE	$1,295	$1,475	$1,598	$1,698

Top Neighborhoods Near New Castle

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near New Castle

County	Studio	1 Bed	2 Bed	All

Top Zipcodes Near New Castle

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - New Castle Average Rents

What is the average rent price in New Castle, DE?

The average monthly rental price for New Castle, DE apartments for rent is approximately $2,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do New Castle, DE rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in New Castle, DE.

How much is a one bedroom apartment in New Castle, DE?

The average monthly rental price for one bedroom apartments is $1,775 and an average price per square feet of $25.63. There are a total of 4 one bedroom apartment listings currently available for rent in New Castle.

How much is a two bedroom apartment in New Castle, DE?

The average monthly rental price for two bedroom apartments is $1,550 and an average price per square feet of $21.88. There are a total of 4 two bedroom apartment listings currently available for rent in New Castle.

How have rent prices in New Castle, DE changed this year?

Rent prices for rentals in New Castle, DE can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by 0.35%, two bedroom rental prices have changed by -0.05%, three bedroom rental prices have changed by 0.14% year-over-year.

What is a reasonable rent price in New Castle, DE?

A reasonable rent price in New Castle, DE is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.