2026 Affordability Data
Most Affordable Neighborhoods in New Castle - 2026 Data
The median home value in New Castle is $240,800, 15% below nat'l avg. Median rent is $1,525/month. We ranked 15 neighborhoods by affordability to help you find the best value in the New Castle, DE area.
Key Takeaways: Affordability in New Castle
- 1The most affordable neighborhood in New Castle is Wilmington, with a median home value of $185,000.
- 2New Castle's median home value is $240,800, 15% below nat'l avg (national: $281,900).
- 3Median rent in New Castle is $1,525/month, 31% above nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in New Castle to find the most affordable areas based on home values, rent, and affordability index.
New Castle Affordability Overview
Median Home Value
$240,800
15% below nat'l avg
Median Rent
$1,525/mo
31% above nat'l avg
Median Income
$95,884
29% above nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in New Castle (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | WilmingtonDE | $185,000 |
| 2 | DoverDE | $222,800 |
| 3 | NewarkDE | $334,400 |
| 4 | MiddletownDE | $363,800 |
| 5 | MilfordDE | $255,300 |
| 6 | SmyrnaDE | $246,400 |
| 7 | ElsmereDE | $200,700 |
| 8 | HarringtonDE | $198,000 |
| 9 | MiltonDE | $374,000 |
| 10 | LewesDE | $778,800 |
| 11 | SeafordDE | $208,400 |
| 12 | TownsendDE | $378,600 |
| 13 | CamdenDE | $267,700 |
| 14 | Ocean ViewDE | $436,700 |
| 15 | ClaytonDE | $302,100 |
Detailed Neighborhood Profiles
Home Value: $185,000
Rent: $433/mo
Affordability: 124
Population: 70,898
Walk Score: 73/100
Home Value: $222,800
Rent: $1,138/mo
Affordability: 95
Population: 38,879
Walk Score: 0/100
Home Value: $334,400
Rent: $1,138/mo
Affordability: 95
Population: 30,655
Walk Score: 0/100
4
Home Value: $363,800
Rent: $1,138/mo
Affordability: 95
Population: 23,573
Walk Score: 0/100
5
Home Value: $255,300
Rent: $1,138/mo
Affordability: 95
Population: 11,714
Walk Score: 0/100
6
Home Value: $246,400
Rent: $1,138/mo
Affordability: 95
Population: 12,870
Walk Score: 0/100
7
Home Value: $200,700
Rent: $1,242/mo
Population: 6,194
Walk Score: 0/100
8
Home Value: $198,000
Rent: $1,123/mo
Population: 3,770
9
Home Value: $374,000
Rent: $1,215/mo
Population: 3,349
10
Home Value: $778,800
Rent: $1,354/mo
Population: 3,339
11
Home Value: $208,400
Rent: $1,064/mo
Population: 8,055
Walk Score: 0/100
12
Home Value: $378,600
Rent: $988/mo
Population: 2,728
Walk Score: 0/100
13
Home Value: $267,700
Rent: $1,593/mo
Population: 3,914
14
Home Value: $436,700
Rent: $2,038/mo
Population: 2,660
15
Home Value: $302,100
Rent: $1,539/mo
Population: 3,978
Frequently Asked Questions About Affordability in New Castle
What is the most affordable neighborhood in New Castle, DE?▾
Based on 2026 data, Wilmington is the most affordable neighborhood in New Castle with a median home value of $185,000. Kurby analyzed 15 neighborhoods in the New Castle area to compile these rankings.
What is the median home price in New Castle, DE?▾
The median home price in New Castle is $240,800, which is 15% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in New Castle, DE?▾
The median monthly rent in New Castle is $1,525. This is 31% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in New Castle?▾
The median household income in New Castle is $95,884 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in New Castle are below the national average home price?▾
8 out of 15 ranked neighborhoods in New Castle have a median home value below the national average of $281,900. The most affordable is Wilmington at $185,000 (Source: Kurby, 2026).