The Most Affordable Neighborhoods in Delaware City, DE by Home Value

 

Delaware City, DE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Delaware City area can be challenging. Home prices in Delaware City are now at a median cost of $278,185, lower than the Delaware average of $361,617.

The average cost of rent is $1,406/mo in Delaware City, primarily driven by the current value of real estate in the Delaware City area. In Delaware City, 25.07% of households rent, and 32.68% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Delaware City is $7,047 per month. Households that rent pay about 19.96% of their income on rent here. Delaware City’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern 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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