
Home Price Key
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 $306,700, lower than the New Jersey average of $388,929.
The average cost of rent is $1,213/mo in Delaware, primarily driven by the current value of real estate in the Delaware area. While nearly 43.39% of residents own their homes outright in Delaware, 11.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in Delaware is $7,353 per month. Households that rent pay about 16.50% of their income on rent here. Delaware's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Portland, PA: less expensive homes
- Columbia, NJ: equally priced homes
- Mount Hermon, NJ: equally priced homes
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- Hainesburg, NJ: less expensive homes
- Bridgeville, NJ: higher priced homes
- Slateford, PA: less expensive homes
- Summerfield, NJ: higher priced homes
- Stier, PA: less expensive homes
- Buttzville, NJ: equally priced homes
Cities with Similar Populations
- Ladelle, AR: less expensive homes
- Knightsville, PA: less expensive homes
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- La Clede, IL: less expensive homes
- La Jara, NM: less expensive homes
- Utica, SD: less expensive homes
- Labascus, KY: less expensive homes
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