Rentometer, Inc. | Data as of 10/22/2025
New Castle, Delaware, blends historic charm with modern convenience, making it a sought‑after destination for renters seeking a vibrant yet relaxed lifestyle. Nestled along the Delaware River and just a short drive from Wilmington, the city offers easy access to major highways and commuter rail, while its well‑preserved colonial streets and waterfront parks provide a serene backdrop for everyday living.
The rental market in New Castle is anchored by a diverse mix of apartments and a modest selection of single‑family homes. Apartment seekers will find a strong inventory of one‑ and two‑bedroom units, with typical rents falling in the $1700s for one‑bedrooms and the $1800‑$2000 range for two‑bedrooms. This price spectrum reflects the city’s balance of affordability and quality, offering contemporary finishes, on‑site amenities, and proximity to downtown conveniences. The limited but valuable house options add further flexibility for those desiring more space or a traditional residential setting.
Residents enjoy an array of neighborhood highlights, from the cobblestone streets of Old New Castle—home to boutique shops, historic museums, and acclaimed eateries—to the revitalized Riverfront District, where riverwalks, cafes, and outdoor events create a lively community atmosphere. Nearby attractions such as Battery Park and the Delaware Historical Society enrich cultural experiences, while excellent schools, green spaces, and a supportive local business scene make New Castle an appealing place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,735 | $1,835 | $1,340 - $2,005 | $1,450 - $1,875 |
| Apartment | 2 Bedroom | $1,806 | $1,965 | $911 - $2,155 | $1,700 - $2,035 |
In the current period, the average rent in New Castle was
$1,735 for 1 Bedroom,
$1,787 for 2 Bedroom, and
$2,195 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.