2026 Affordability Data
Most Affordable Neighborhoods in Newark - 2026 Data
The median home value in Newark is $334,400, 19% above nat'l avg. Median rent is $1,138/month. With an affordability index of 95, Newark is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Newark, DE area.
Key Takeaways: Affordability in Newark
- 1The most affordable neighborhood in Newark is Wilmington, with a median home value of $185,000.
- 2Newark's median home value is $334,400, 19% above nat'l avg (national: $281,900).
- 3Newark's affordability index is 95 (baseline 100), making it less affordable than the national average.
- 4Median rent in Newark is $1,138/month, near national avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Newark to find the most affordable areas based on home values, rent, and affordability index.
Newark Affordability Overview
Median Home Value
$334,400
19% above nat'l avg
Median Rent
$1,138/mo
Near nat'l avg
Median Income
$67,738
9% below nat'l avg
Affordability Index
95
5% below nat'l avg
Most Affordable Neighborhoods in Newark (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | WilmingtonDE | $185,000 |
| 2 | SmyrnaDE | $246,400 |
| 3 | DoverDE | $222,800 |
| 4 | MilfordDE | $255,300 |
| 5 | MiddletownDE | $363,800 |
| 6 | BridgevilleDE | $348,900 |
| 7 | ElsmereDE | $200,700 |
| 8 | New CastleDE | $240,800 |
| 9 | HarringtonDE | $198,000 |
| 10 | MiltonDE | $374,000 |
| 11 | LewesDE | $778,800 |
| 12 | SeafordDE | $208,400 |
| 13 | TownsendDE | $378,600 |
| 14 | CamdenDE | $267,700 |
| 15 | Ocean ViewDE | $436,700 |
Detailed Neighborhood Profiles
Home Value: $185,000
Rent: $433/mo
Affordability: 124
Population: 70,898
Walk Score: 73/100
Home Value: $246,400
Rent: $1,138/mo
Affordability: 95
Population: 12,870
Walk Score: 0/100
Home Value: $222,800
Rent: $1,138/mo
Affordability: 95
Population: 38,879
Walk Score: 0/100
4
Home Value: $255,300
Rent: $1,138/mo
Affordability: 95
Population: 11,714
Walk Score: 0/100
5
Home Value: $363,800
Rent: $1,138/mo
Affordability: 95
Population: 23,573
Walk Score: 0/100
6
Home Value: $348,900
Rent: $854/mo
Population: 2,590
7
Home Value: $200,700
Rent: $1,242/mo
Population: 6,194
Walk Score: 0/100
8
Home Value: $240,800
Rent: $1,525/mo
Population: 5,523
9
Home Value: $198,000
Rent: $1,123/mo
Population: 3,770
10
Home Value: $374,000
Rent: $1,215/mo
Population: 3,349
11
Home Value: $778,800
Rent: $1,354/mo
Population: 3,339
12
Home Value: $208,400
Rent: $1,064/mo
Population: 8,055
Walk Score: 0/100
13
Home Value: $378,600
Rent: $988/mo
Population: 2,728
Walk Score: 0/100
14
Home Value: $267,700
Rent: $1,593/mo
Population: 3,914
15
Home Value: $436,700
Rent: $2,038/mo
Population: 2,660
Frequently Asked Questions About Affordability in Newark
What is the most affordable neighborhood in Newark, DE?▾
Based on 2026 data, Wilmington is the most affordable neighborhood in Newark with a median home value of $185,000. Kurby analyzed 15 neighborhoods in the Newark area to compile these rankings.
What is the median home price in Newark, DE?▾
The median home price in Newark is $334,400, which is 19% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Newark affordable compared to the national average?▾
Newark has an affordability index of 95, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Newark, DE?▾
The median monthly rent in Newark is $1,138. This is near national avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Newark?▾
The median household income in Newark is $67,738 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 Newark are below the national average home price?▾
9 out of 15 ranked neighborhoods in Newark have a median home value below the national average of $281,900. The most affordable is Wilmington at $185,000 (Source: Kurby, 2026).