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These days, finding an affordable place to live in the Ellendale area can be challenging. Home prices in Ellendale are now at a median cost of $290,646, lower than the Delaware average of $361,617.
The average cost of rent is $1,228/mo in Ellendale, primarily driven by the current value of real estate in the Ellendale area. In Ellendale, 14.88% of households rent, and 38.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ellendale is $6,345 per month. Households that rent pay about 19.36% of their income on rent here. Ellendale’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lincoln, DE: less expensive homes
- Redden, DE: less expensive homes
- Williamsville, DE: higher priced homes
- Nassau, DE: less expensive homes
- Coverdale Crossroads, DE: less expensive homes
- Milford, DE: higher priced homes
- Houston, DE: equally priced homes
- Milton, DE: higher priced homes
- Greenwood, DE: equally priced homes
- Farmington, DE: less expensive homes
Cities with Similar Populations
- Shoshone, ID: equally priced homes
- Fair Oaks, OK: less expensive homes
- Tipton, MI: equally priced homes
- Hoopa, CA: less expensive homes
- Rives Junction, MI: less expensive homes
- Pounding Mill, VA: less expensive homes
- Pierz, MN: less expensive homes
- Ottsville, PA: higher priced homes
- Neodesha, KS: less expensive homes
- Moselle, MS: less expensive homes
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