Affordable Housing In New Castle
New Castle County, Delaware

Affordable Housing programs support 266 income based apartments in New Castle where households pay rent based on how much they earn.

There are 330 affordable apartments in New Castle that offer reduced rents to low-income households.

Waiting Lists in New Castle, Delaware

There are no open Section 8 Housing Choice Voucher waiting lists in New Castle. Go to the Delaware Section 8 Waiting Lists page for openings near New Castle.

Wilton Club Apartments

113 Heatherton Lane
New Castle, Delaware
Call For Rent
2-3 BR
Rent Assisted

Coachmans Manor

401 Carriage Way
New Castle, Delaware
Call For Rent
1-3 BR
Affordable

Chelten Apartments

431 Old Forge Road
New Castle, Delaware
Call For Rent
1 BR
Rent Assisted

Arbor Place I

113 Parma Ave
New Castle, Delaware
Income Based
1 BR
Affordable

Spencer Apartments

37 Fairhaven Ct
New Castle, Delaware
Rent Assisted

Dima V

70 Bunker Hill Rd
New Castle, Delaware
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Arbor Place, Phase III

229 Parma Ave
New Castle, Delaware
Affordable

Willow Chase Apartments

500 Blair Ct
New Castle, Delaware
Affordable

Delaware

Route 13 And Vinway Rd
New Castle, Delaware
Affordable
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Affordable Housing Near New Castle

View affordable apartments and waiting lists in cities near New Castle

City Apartments
Affordable Housing In Brookside, DE Affordable Housing programs support 1 apartment communities in Brookside.
Affordable Housing In Claymont, DE Affordable Housing programs support 4 apartment communities in Claymont.
Affordable Housing In Middletown, DE Affordable Housing programs support 5 apartment communities in Middletown.
Affordable Housing In Newark, DE Affordable Housing programs support 19 apartment communities in Newark.
Affordable Housing In Townsend, DE Affordable Housing programs support 1 apartment communities in Townsend.
Affordable Housing In Wilmington, DE Affordable Housing programs support 83 apartment communities in Wilmington.

Public Housing Agencies Serving New Castle, Delaware

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Housing Authority Programs
New Castle County Housing Authority Section 8 Housing Choice Voucher (HCV)
Go to the Delaware Public Housing and Low-Income Apartments Waiting Lists page for openings near New Castle.

New Castle, Delaware Affordable Housing Data

Income Based Apartments in New Castle, Delaware

New Castle features 266 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in New Castle, Delaware

There are 330 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Castle.

Housing Choice Vouchers in New Castle, Delaware

On average, Section 8 Housing Choice vouchers pay New Castle landlords $800 per month towards rent. The average voucher holder contributes $300 towards rent in New Castle.

The maximum amount a voucher would pay on behalf of a low-income tenant in New Castle, Delaware for a two-bedroom apartment is between $1,323 and $1,617.

2023 New Castle, Delaware Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
New Castle, Delaware Fair Market Rent $1,081 $1,218 $1,470 $1,789 $2,079
New Castle, Delaware Payment Standard Range $973 to $1,189 $1,096 to $1,340 $1,323 to $1,617 $1,610 to $1,968 $1,871 to $2,287

Sourced from federal housing data and AffordableHousingOnline.com research.

New Castle, DE Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 596
Total Housing Units with Rental Assistance 266
Percentage of Housing Units Occupied By Renters 35.89%
Average Renter Household Size 2.19
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
Total Population 5,371

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.

Area Median Income In New Castle

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For New Castle, the AMI is calculated from all households within New Castle County.

In New Castle, HUD calculates the Area Median Income for a family of four as $105,400

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in New Castle

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in New Castle

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the New Castle AMI may qualify for rental assistance programs that target Extremely Low Income households.
$22,150 $25,300 $28,450 $31,600 $34,150 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the New Castle AMI may qualify for rental assistance programs that target Very Low Income households.
$36,900 $42,200 $47,450 $52,700 $56,950 $61,150 $65,350 $69,600
80% AMI Income Limits
Renters earning up to 80% of the New Castle AMI may qualify for rental assistance programs that target Low Income households.
$59,050 $67,450 $75,900 $84,300 $91,050 $97,800 $104,550 $111,300