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These days, finding an affordable place to live in the Dewey Beach area can be challenging. Home prices in Dewey Beach are now at a median cost of $1,054,654, higher than the Delaware average of $361,617.
The average cost of rent is $1,527/mo in Dewey Beach, primarily driven by the current value of real estate in the Dewey Beach area. In Dewey Beach, 10.13% of households rent, and 51.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Dewey Beach is $11,282 per month. Households that rent pay about 13.54% of their income on rent here. Dewey Beach’s most expensive areas are in the northeastern 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
- Seabreeze, DE: less expensive homes
- Henlopen Acres, DE: higher priced homes
- Rehoboth Beach, DE: less expensive homes
- North Shores, DE: less expensive homes
- Lewes, DE: less expensive homes
- Long Neck, DE: less expensive homes
- Cool Spring, DE: less expensive homes
- Riverdale, DE: less expensive homes
- Harbeson, DE: less expensive homes
- Ocean View, DE: less expensive homes
Cities with Similar Populations
- Loomis, NY: less expensive homes
- Rover, TN: less expensive homes
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- Rosie, AR: less expensive homes
- McKee, OR: less expensive homes
- Malta Bend, MO: less expensive homes
- Mahalasville, IN: less expensive homes
- Madrid, NM: less expensive homes
- Macks Inn, ID: less expensive homes
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