The Most Affordable Neighborhoods in Cool Spring, DE by Home Value

 

Cool Spring, DE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cool Spring area can be challenging. Home prices in Cool Spring are now at a median cost of $569,900, higher than the Delaware average of $361,617.

The average cost of rent is $2,029/mo in Cool Spring, primarily driven by the current value of real estate in the Cool Spring area. In Cool Spring, 12.44% of households rent, and 40.25% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cool Spring is $9,329 per month. Households that rent pay about 21.75% of their income on rent here. Cool Spring’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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