Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chestnut Knoll area can be challenging. Home prices in Chestnut Knoll are now at a median cost of $266,513, lower than the Delaware average of $282,938.
The average cost of rent is $923/mo in Chestnut Knoll, primarily driven by the current value of real estate in the Chestnut Knoll area. While nearly 44.05% of residents own their homes outright in Chestnut Knoll, 31.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chestnut Knoll is $4,348 per month. Households that rent pay about 21.24% of their income on rent here. Chestnut Knoll's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
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