The Most and Least Expensive Areas to Rent in Lincoln, DE

Lincoln 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.

 

Lincoln, DE of rent costs by neighborhood
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Rental Price Key

High-end
Mid-tier
Most affordable

On average, the cost of rent in Lincoln is about $1,178 per month. This puts it in the 48th percentile compared to the state average cost of rent, which is $1,308. Households in Lincoln have a median income of $5,124 per month so the average renter in Lincoln is spending roughly 23% of their earnings on housing.

Nationally, and in Lincoln, home values are the data point most closely correlated with the cost of rent. The median price of a home in Lincoln is $211,129 right now, which is lower than nearby cities, meaning that rents in Lincoln also tend to be lower versus these nearby cities.

Higher rent prices are common in the southwestern parts of Lincoln while lower rent rates are often available in southeastern areas.

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