Affordable & Income-Based Housing in Newark

Affordability in Newark, DE

Nearly half of Newark residents rent their homes, and the figures below reflect current market conditions. According to Census ACS 5-Year data (as of 2024), the median gross rent is $1,654 per month, the median household income is $76,912 per year, and 49% of households are renters.

Newark has 14 HUD-assisted or income-restricted properties with 1,015 total affordable units, offering options that may be significantly below the local market rate for eligible renters.

Safety

According to FBI Crime Data Explorer, the Newark Police Department reported a violent crime rate of 320 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and definitions.

Getting Around Newark

According to Walk Score, the area around Newark's assisted properties scores 20 out of 100 (Car-Dependent), with a Bike Score of 39 out of 100. Most errands will require a car, though some cycling options exist. No Transit Score was available for this area.

Schools

According to NCES Common Core of Data, 29 schools across 6 districts serve Newark, including 16 elementary, 3 middle, 9 high schools, and 1 other. Ratings and quality vary by school and district, so renters should check the assigned schools for a specific address before applying.

Cost of Living in Newark, DE

The median household income in Newark is $76,912 per year, according to Census ACS 5-Year data. The median market rent is $1,654 per month, according to the same source.

For renters who qualify, the 1,015 income-restricted units across Newark's 14 HUD-assisted and LIHTC properties can offer significant savings compared to market-rate housing.

Flood and Environmental Exposure

All 14 assisted properties in Newark were mapped for flood risk. None fall within a high-risk flood zone, which is a reassuring baseline for renters concerned about flood exposure.