Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Laurel area can be challenging. Home prices in Laurel are now at a median cost of $169,742, lower than the Delaware average of $282,938.
The average cost of rent is $877/mo in Laurel, primarily driven by the current value of real estate in the Laurel area. While nearly 50.39% of residents own their homes outright in Laurel, 36.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Laurel is $4,309 per month. Households that rent pay about 20.34% of their income on rent here. Laurel's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Lake Pines, DE: higher priced homes
- Bethel, DE: higher priced homes
- Portsville, DE: higher priced homes
- Sycamore, DE: higher priced homes
- Delmar, DE: higher priced homes
- Blades, DE: higher priced homes
- Seaford, DE: higher priced homes
- Woodland, DE: higher priced homes
- Concord, DE: higher priced homes
- Hardscrabble, DE: higher priced homes
Cities with Similar Populations
- Maiden, NC: equally priced homes
- Ridge, NY: higher priced homes
- Moberly, MO: less expensive homes
- Minooka, IL: higher priced homes
- Milford, PA: higher priced homes
- Milford, NH: higher priced homes
- Mccalla, AL: higher priced homes
- Mastic Beach, NY: higher priced homes
- Marumsco, VA: higher priced homes
- Martin, TN: less expensive homes
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