Rent to own Homes in Newark, DE

Located in New Castle County, Newark prides itself with a historical downtown, which was instrumental in gaining the coveted Great American Main Street Award in 2011. The seat of Delaware commerce and banking in the 18th century, downtown remains the heart of the 8.9-square mile city, with restored historical landmarks like the Greek Revival-style Bank of Newark Building alongside modern structures like the gigantic Christiana Mall. Newark is also home to the main campus of the University of Delaware, which means this city is vibrant and full of life.

Newark, DE is a great place for affordable rent-to-own homes! With a median household income of over $60,767 and a median rent of $1,282, the Newark, DE rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Newark, DE. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Newark, DE rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
1 of 25 26 MACKAY LN
Rent To Own
Brookside Park
Single Family Home
Newark, DE 19713
4
2
1340 ft2
1954
32 MIDDLE WALLOP RD
Rent To Own
Glasgow
Single Family Home
Bear, DE 19701
4
1
1325 ft2
1985
560 S GUERNSEY RD
Rent To Own
 
Single Family Home
West Grove, PA 19390
4
5
2433 ft2
2014
16 E. Cedar St
Rent To Own
 
Single Family Home
Wilmington, DE 19805
3
2
0 ft2
1 of 9 216 S CONNELL ST
Rent To Own
Browntown
Single Family Home
Wilmington, DE 19805
3
1
1080 ft2
1940
Lease Purchase - Fully Remodeled 1213 D St
Rent To Own
South Wilmington
Single Family Home
Wilmington, DE 19801
4
2
0 ft2
209 Eastlwn Avenue
Rent To Own
Eastlawn
Single Family Home
Wilmington, DE 19802
2
4
0 ft2
1987
529 MIDDLESEX DR
Rent To Own
 
Single Family Home
Middletown, DE 19709
4
6
3755 ft2
2007
1 of 17 4 WATER ST
Rent To Own
Pennsville
Single Family Home
Pennsville, NJ 08070
4
2
2133 ft2
1986
167 PORTSMOUTH CIR
Rent To Own
 
Single Family Home
Glen Mills, PA 19342
3
5
8450 ft2
2002
Hot
1 of 6 143 CRICKET DR
Rent To Own
 
Townhouse/Condo
Malvern, PA 19355
4
4
2320 ft2
2017
518 RISEN STAR CT
Rent To Own
Havre De Grace
Single Family Home
Havre De Grace, MD 21078
4
4
3611 ft2
2017
1124 Putnam Blvd
Rent To Own
 
Single Family Home
Wallingford, PA 19086
3
3
2480 ft2
1987
925 PUTNAM BLVD
Rent To Own
 
Townhouse/Condo
Wallingford, PA 19086
4
4
2400 ft2
1977
Hot
436 W 21ST ST
Rent To Own
Edgemont Park
Single Family Home
Chester, PA 19013
3
1
1152 ft2
1950
1 of 5 141 MORAVIAN CHURCH RD
Rent To Own
 
Single Family Home
Swedesboro, NJ 08085
5
3
3736 ft2
1970
2 LOBBS LN
Rent To Own
 
Single Family Home
Devon, PA 19333
6
3
2804 ft2
1900
209 W WASHINGTON AVE
Rent To Own
 
Single Family Home
Clifton Heights, PA 19018
3
1
1152 ft2
1947
101 MARPLE RD
Rent To Own
 
Single Family Home
Haverford, PA 19041
4
5
4197 ft2
1940
1 of 26 7 TIMBER RIDGE CT
Rent to Own Eligible
West Newark
Single Family Home
Newark, DE 19711
3
3
1850 ft2
1988
111 RED PINE CIR
Rent to Own Eligible
West Newark
Single Family Home
Newark, DE 19711
3
3
1900 ft2
1988
310 WILLA RD
Rent to Own Eligible
University Newark Core
Single Family Home
Newark, DE 19711
3
2
1398 ft2
1974
31 SANFORD DR
Rent to Own Eligible
 
Single Family Home
Newark, DE 19713
3
2
1575 ft2
1965
New
4 EILEEN DR
Rent to Own Eligible
Northern Newark
Single Family Home
Newark, DE 19711
4
3
2064 ft2
1969
Hot New
21 MARTINDALE DR
Rent to Own Eligible
Brookside Park
Single Family Home
Newark, DE 19713
3
1
1520 ft2
1954
21 GREEN MEADOW CT
Rent to Own Eligible
West Newark
Single Family Home
Newark, DE 19711
3
3
1825 ft2
1989
1 of 29 22 FOUNTAINVIEW DR
Rent to Own Eligible
University South
Townhouse/Condo
Newark, DE 19713
2
3
1450 ft2
2013
New
104 COUNTRY CLUB DR
Rent to Own Eligible
West Newark
Single Family Home
Newark, DE 19711
3
2
1740 ft2
1958
65 SANFORD DR
Rent to Own Eligible
 
Single Family Home
Newark, DE 19713
4
2
1950 ft2
1968
New
102 JOSHUA LN
Rent to Own Eligible
West Newark
Townhouse/Condo
Newark, DE 19711
4
4
3600 ft2
1750
4 HEMPSTED DR
Rent to Own Eligible
West Newark
Single Family Home
Newark, DE 19711
4
3
3200 ft2
1968
706 BROOK DR
Rent to Own Eligible
South Newark
Single Family Home
Newark, DE 19713
3
1
1341 ft2
1953
1131 OLD COOCHS BRIDGE RD
Rent to Own Eligible
South Newark
Single Family Home
Newark, DE 19713
4
3
2125 ft2
1976
28 FOUNTAINVIEW DR
Rent to Own Eligible
University South
Townhouse/Condo
Newark, DE 19713
3
3
2450 ft2
2010
13 KULLEN DR
Rent to Own Eligible
Brookside Park
Single Family Home
Newark, DE 19713
3
1
1114 ft2
1953
18 MONTROSE DR
Rent to Own Eligible
Brookside Park
Single Family Home
Newark, DE 19713
3
1
1218 ft2
1953
New
2 AMARANTH DR
Rent to Own Eligible
 
Single Family Home
Newark, DE 19711
4
3
2859 ft2
1986
73 MIDLAND DR
Rent to Own Eligible
 
Single Family Home
Newark, DE 19713
3
2
1334 ft2
1988
1 of 39 18 APPLE LN
Rent to Own Eligible
 
Single Family Home
Elkton, MD 21921
3
1
935 ft2
1959
29 NEWBROOK RD
Rent to Own Eligible
 
Single Family Home
Newark, DE 19711
2
2
1625 ft2
1963
215 ELDERFIELD RD
Rent to Own Eligible
 
Single Family Home
Newark, DE 19713
3
2
1332 ft2
1959
7 BUTTONWOOD CT
Rent to Own Eligible
 
Single Family Home
Newark, DE 19702
3
3
1675 ft2
1999
1 of 4 136 KENMARK RD
Rent to Own Eligible
 
Single Family Home
Newark, DE 19713
3
2
1404 ft2
1958
1 of 25 220 LITTLE EGYPT RD
Rent to Own Eligible
 
Single Family Home
Elkton, MD 21921
3
3
3638 ft2
1970
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Buying a Home in Newark, DE

Newark, DE is seeing rapid growth and Newark, DE's' housing market remains not optimal with an average home price that is 28% above the 2024 national average. Newark, DE is part of New Castle county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county New Castle is 0.55% which is below the national average, which is 0.99%.

Median Home Price in Newark, DE

Median Rent in Newark, DE

Rent to own homes offer low monthly payments and flexible terms.

Top 3 Reasons to Live in Newark, DE

Gastronomic food trip. With more than 60 restaurants and growing, there's bound to be a great dining spot right anywhere in Newark. Grab a pint of draft beer from the historical Deer Park Tavern built in 1851 or enjoy best-kept secrets like delectable Vietnamese sandwiches from Banh Mi Boy. Newark hosts two annual events that draw thousands of foodies to the city. The springtime Wine and Dine Downtown features specialty cuisines by Newark's top chefs paired with fine wine selections from around the world. In January, the city gears up for Restaurant Week, where dining establishments create fixed-priced special menus off their regular days, offering new tastes and experiences to clients.

Many great choices for housing and places to live. There are over 1,000 houses and condo units per square mile in Newark. This means there's a steady availability of housing in Newark, either homes for rent or for sale. Newark's building incentive program led to renovations of older establishments and construction of new buildings to meet rising demand for more rental homes in the downtown area. The program called for a design that included commercial spaces on the first floor and apartments or attached housing units for the upper floors. Some of the downtown buildings that incorporated this design include Main Street Plaza, The Center Square, Pomeray Station and Main Street Court.

Thriving market for homebuyers and renters. There's a good balance of renters and homeowners in Newark, with 45 percent of homes being renter-occupied. With a fast-growing business scene, the average house price in Newark is growing at a steady pace, from $250,000 to $350,000, which means increasing value for those investing in houses. Attached units like apartments, townhouses and condominiums are also steadily growing since 2000, buoying the rental market. Rent to own homes can also be found in some Newark districts like Drummond Hill and Saint Regis.