Delaware renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Delaware is about $1,308 per month. This puts it in the 1st percentile compared to the nation average cost of rent, which is $1,307. Households in Delaware have a median income of $6,734 per month so the average renter in Delaware is spending roughly 19% of their earnings on housing.
Nationally, and in Delaware, home values are the data point most closely correlated with the cost of rent. The median price of a home in Delaware is $282,938 right now, which is lower than nearby states, meaning that rents in Delaware also tend to be lower versus these nearby states.
Higher rent prices are common in the northwestern parts of Delaware while lower rent rates are often available in southwestern areas.
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