Low Income Apartments In New Castle
New Castle County, Delaware

Low Income Apartments In New Castle

Wilton Club Apartments

113 Heatherton Lane
New Castle, DE
2-3 BR
Subsidized

Coachmans Manor

401 Carriage Way
New Castle, DE
1-3 BR
HCV Welcome

Chelten Apartments

431 Old Forge Road
New Castle, DE
1 BR
Subsidized

Arbor Place I

113 Parma Ave
New Castle, DE
Income Based
1 BR
HCV Welcome

Spencer Apartments

37 Fairhaven Ct
New Castle, DE
Subsidized

Dima V

70 Bunker Hill Rd
New Castle, DE
62+
Accessible
Elderly Supportive Housing
Subsidized

Arbor Place, Phase IIi

229 Parma Ave
New Castle, DE
HCV Welcome

Willow Chase Apartments

500 Blair Ct
New Castle, DE
HCV Welcome

Delaware

Route 13 And Vinway Rd
New Castle, DE
HCV Welcome
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There are 9 low income housing apartment complexes which contain 596 affordable apartments for rent in New Castle, Delaware. Many of these rental apartments are income based housing with about 266 apartments that set rent based on your income. Often referred to as "HUD apartments", there are 254 Project-Based Section 8 subsidized apartments in New Castle. There are 330 other low income apartments that don't have rental assistance but are still considered to be affordable housing for low income families.

Housing Authorities that serve New Castle

Housing Authority Programs
New Castle County Housing Authority Section 8 Housing Choice Voucher

Guide To Affordable Housing in New Castle, Delaware

New Castle, DE Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 596
Total Rent Assisted Apartments 266
Percentage of Housing Units Occupied By Renters 35.89%
Average Renter Household Size 2.19
Total Population 5,371
Housing Units 2,318
Average Household Size 2.32
Median Household Income $56,307 ±$7,116
Median Rent $1,114 ±$127
Percentage Of Renters Overburdened 35.94% ± 11.61pp

Population and Household Demographics

New Castle is a City in New Castle County, Delaware with a population of 5,371. There are 2,318 households in the city with an average household size of 2.32 persons. 35.89% of households in New Castle are renters.

Income and Rent Overburden in New Castle

The median gross income for households in New Castle is $56,307 a year, or $4,692 a month. The median rent for the city is $1,114 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New Castle, a household making less than $3,713 a month would be considered overburdened when renting an apartment at or above the median rent. 35.94% of households who rent are overburdened in New Castle.1

Fair Market Rents in New Castle

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$840 $992 $1,200 $1,503 $1,715