Affordable Housing In Newark
New Castle County, Delaware

17 Low Income Apartment Communities In Newark

Cheltenham Village

1201 Kingstown
Newark, DE
Income Based
1-4 BR
Subsidized

Victoria Mews Apartments

13-D O
Newark, DE
$671-770
1-2 BR
HCV Welcome

Marydale Retirement Village

135 Jeandell Drive
Newark, DE
Call For Rent
1 BR
62+
Accessible
Elderly Supportive Housing
HCV Welcome
Subsidized

Carleton Court Apartments

1900 Southway Drive
Newark, DE
Call For Rent
1-2 BR
Subsidized

The Willows at Alder Creek

101 Terrace Drive
Newark, DE
Accessible
HCV Welcome

Carrington Way

100 Kimberton Dr
Newark, DE
Subsidized

Main Towers

330 E Main St
Newark, DE
Subsidized

Liberty Terrace

100 Liberty Ter
Newark, DE
Subsidized

Amc Housing Aka Woodmont Garden Apartments

19 Country Club Dr
Newark, DE
62+
Accessible
Elderly Supportive Housing
Subsidized

Arc Hud IV

223 E Seneca Dr
Newark, DE
Accessible
Disabled Supportive Housing
Subsidized

Housing Authorities that serve Newark

Housing Authority Programs
Newark Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Newark, Delaware

There are 17 low income housing apartment communities offering 1,325 affordable apartments for rent in Newark, Delaware. Newark features 870 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 455 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Newark.

Sourced from federal housing data and AffordableHousingOnline.com research.

Newark, DE Affordable Housing Snapshot

Total Affordable Apartment Properties 17
Total Low Income Apartments 1,325
Total Housing Units with Rental Assistance 870
Percentage of Housing Units Occupied By Renters 43.27%
Average Renter Household Size 2.59
Average Household Size 2.57
Median Household Income $54,187 ±$3,008
Median Rent $1,072 ±$52
Percentage Of Renters Overburdened 55.45% ± 4.93pp
Total Population 32,740

Population and Household Demographics

Newark is a City in New Castle County, Delaware with a population of 32,740. There are 9,935 households in the city with an average household size of 2.57 persons. 43.27% of households in Newark are renters.

Income and Rent Overburden in Newark

The median gross income for households in Newark is $54,187 a year, or $4,516 a month. The median rent for the city is $1,072 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Newark, a household making less than $3,573 a month would be considered overburdened when renting an apartment at or above the median rent. 55.45% of households who rent are overburdened in Newark.1

Area Median Income In Newark

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 Newark, the AMI is calculated from all households within New Castle County.

In Newark, HUD calculates the Area Median Income for a family of four as $90,100

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 Newark

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 Newark HUD Rental Assistance in Newark

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,950 $21,650 $24,350 $27,050 $30,170 $34,590 $39,010 $43,430
50% of Median $31,550 $36,050 $40,550 $45,050 $48,700 $52,300 $55,900 $59,500
80% of Median $50,500 $57,700 $64,900 $72,100 $77,900 $83,650 $89,450 $95,200
Low Income Housing Tax Credits in Newark

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1999 to 2010, 4 low income apartment communities containing 349 rental apartments have been constructed and made affordable to low income persons in Newark by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Newark

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $31,550 $36,050 $40,550 $45,050 $48,700 $52,300 $55,900 $59,500
60% of Median $37,860 $43,260 $48,660 $54,060 $58,440 $62,760 $67,080 $71,400

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Newark is $48,660 a year, or $4,055 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,055 by 30% to get a maximum rent of $1,217 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $789 $845 $1,014 $1,172 $1,308 $1,443
60% $947 $1,014 $1,217 $1,406 $1,569 $1,731
Fair Market Rents in Newark

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.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$864 $1,013 $1,226 $1,528 $1,754