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These days, finding an affordable place to live in the Delaware area can be challenging. Home prices in Delaware are now at a median cost of $182,917, lower than the Arkansas average of $207,061.
The average cost of rent is $613/mo in Delaware, primarily driven by the current value of real estate in the Delaware area. In Delaware, 4.26% of households rent, and 64.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Delaware is $6,343 per month. Households that rent pay about 9.66% of their income on rent here. Delaware’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Blaine, AR: equally priced homes
- Knoxville, AR: less expensive homes
- London, AR: equally priced homes
- Dublin, AR: equally priced homes
- Mosley, AR: equally priced homes
- Spadra, AR: less expensive homes
- Dardanelle, AR: less expensive homes
- Scranton, AR: less expensive homes
- Morrison Bluff, AR: less expensive homes
- Russellville, AR: equally priced homes
Cities with Similar Populations
- Essex, MO: less expensive homes
- Shelby City, KY: equally priced homes
- Shady Grove, PA: higher priced homes
- Seth, WV: less expensive homes
- Hermansville, MI: less expensive homes
- Great Crossing, KY: higher priced homes
- Friesland, WI: higher priced homes
- Frankford, WV: equally priced homes
- Fountain, MN: higher priced homes
- Fortine, MT: higher priced homes
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