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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 $378,971, higher than the Ohio average of $236,816.
The average cost of rent is $1,466/mo in Delaware, primarily driven by the current value of real estate in the Delaware area. In Delaware, 29.68% of households rent, and 31.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Delaware is $9,943 per month. Households that rent pay about 14.74% of their income on rent here. Delaware’s most expensive areas are in the southern 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.
Nearby Cities
- West Berlin, OH: higher priced homes
- White Sulphur, OH: higher priced homes
- Warrensburg, OH: equally priced homes
- Leonardsburg, OH: less expensive homes
- Ostrander, OH: equally priced homes
- Kilbourne, OH: higher priced homes
- Radnor, OH: equally priced homes
- Powell, OH: higher priced homes
- Lewis Center, OH: higher priced homes
- Shawnee Hills, OH: higher priced homes
Cities with Similar Populations
- Asheboro, NC: less expensive homes
- Montgomery, TX: higher priced homes
- Paramount, CA: higher priced homes
- Apache Junction, AZ: less expensive homes
- Potomac, MD: higher priced homes
- Lancaster, OH: less expensive homes
- Sebring, FL: less expensive homes
- Sterling, VA: higher priced homes
- Greensburg, PA: less expensive homes
- Glendora, CA: higher priced homes
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