5+ Days Ago
Highlights
- Clubhouse
- Fireplace
- Deck
- Shopping center
- Easy access
Location
1505 Waters Edge Dr, Newark, DE 19702, USA
Tour 1505 Waters Edge Dr
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Amenities for 1505 Waters Edge Dr
Apartment Amenities
| Central Air | Fireplace |
Grounds
| Swimming Pool |
Other
| Exterior Type: Vinyl Siding |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
No pets allowed.
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About 1505 Waters Edge Dr
Property Status: Active This first floor condo is available for rent in the popular Waters Edge Community! 2 bedroom and 2 bathroom condo features a flowing floor plan with a deck, fireplace and more! Enjoy full access to the clubhouse and pool! Convenient to UD, shopping and easy access to I95. NO PETS. Minimum credit score 625 per applicant. Income 3-4x the monthly rent. Office Phone: (302) 633-6970 Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1505 Waters Edge Dr compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 19702 |
|---|---|
| Type | Condo for rent |
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Rent trends in Newark
2-bedroom apartments at 1505 Waters Edge Dr cost about 12% less than the average rent price for 2-bedroom apartments in Newark.
Median rents as of Aug 30 2025.
Newark
| Month | Median Rent |
|---|---|
| September 2023 | $1,762 |
| October 2023 | $1,631 |
| November 2023 | $1,656 |
| December 2023 | $1,659 |
| January 2024 | $1,666 |
| February 2024 | $1,666 |
| March 2024 | $1,729 |
| April 2024 | $1,746 |
| May 2024 | $1,647 |
| June 2024 | $1,621 |
| July 2024 | $1,646 |
| August 2024 | $1,722 |
| September 2024 | $1,765 |
| October 2024 | $1,772 |
| November 2024 | $1,802 |
| December 2024 | $1,838 |
| January 2025 | $1,771 |
| February 2025 | $1,684 |
| March 2025 | $1,726 |
| April 2025 | $1,780 |
| May 2025 | $2,403 |
| June 2025 | $2,531 |
| July 2025 | $1,808 |
| August 2025 | $1,908 |
Affordability calculator
Can I afford to live at 1505 Waters Edge Dr?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Schools near 1505 Waters Edge Dr
Henry M. Brader Elementary School
350 four seasons parkway
newark, DE, 19702
K-5Public
B-
Christina Early Education Center
620 east chestnut hill rd
newark, DE, 19713
PKPublic
The Brennen School
144 brennen dr
newark, DE, 19713
PK, K-12Public
Delaware School for the Deaf
630 east chestnut hill rd
newark, DE, 19713
PK, K-12Public
Douglass School
1800 prospect rd
wilmington, DE, 19805
1-12Public
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Internet available near 1505 Waters Edge Dr
Getting around Newark near 1505 Waters Edge Dr
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 1505 Waters Edge Dr, Newark
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
8/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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