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Affordable
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These days, finding an affordable place to live in the Edgemoor area can be challenging. Home prices in Edgemoor are now at a median cost of $292,307, lower than the Delaware average of $361,617.
The average cost of rent is $1,440/mo in Edgemoor, primarily driven by the current value of real estate in the Edgemoor area. In Edgemoor, 41.01% of households rent, and 29.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Edgemoor is $5,746 per month. Households that rent pay about 25.07% of their income on rent here. Edgemoor’s most expensive areas are in the northern 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
- Bellefonte, DE: equally priced homes
- Penns Grove, NJ: equally priced homes
- Wilmington, DE: higher priced homes
- Ardentown, DE: higher priced homes
- Arden, DE: higher priced homes
- Claymont, DE: equally priced homes
- Carneys Point, NJ: less expensive homes
- Rockland, DE: higher priced homes
- Pedricktown, NJ: equally priced homes
- Elsmere, DE: less expensive homes
Cities with Similar Populations
- University Park, IL: less expensive homes
- Cocoa West, FL: less expensive homes
- Cochituate, MA: higher priced homes
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- Clyde, TX: less expensive homes
- Closter, NJ: higher priced homes
- Claxton, GA: less expensive homes
- Trion, GA: less expensive homes
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