Average Rent in Delaware

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Current Versus Historical Delaware Rents

Delaware rentals average $1,548 for a studio rental to $2,950 for a 4-bedroom rental. The median price of all currently available listings is $2,245, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have decreased by $115 (-6.71%) year-over-year from $1,715 to $1,600. 1-bedroom rentals prices have increased by $228 (18.03%) year-over-year from $1,267 to $1,495. 2-bedroom rentals prices have increased by $335 (21.61%) year-over-year from $1,550 to $1,885. 3-bedroom rentals prices have increased by $233 (11.29%) year-over-year from $2,067 to $2,300. 4-bedroom rentals prices have increased by $67 (2.44%) year-over-year from $2,733 to $2,800. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 7.87% this month. 1-bedroom rents have gone up by 5.10% this month. 2-bedroom rents have gone up by 9.06% this month. 3-bedroom rents have gone up by 4.15% this month. 4-bedroom rents have gone up by 4.02% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$1.66	$1,600	$1,715 (-6.71%)	$883 (81.13%)
1 BR	$2.04	$1,495	$1,267 (18.03%)	$1,064 (40.49%)
2 BR	$1.65	$1,885	$1,550 (21.61%)	$1,242 (51.81%)
3 BR	$1.38	$2,300	$2,067 (11.29%)	$1,529 (50.41%)
4+ BR	$1.18	$2,800	$2,733 (2.44%)	$1,957 (43.10%)

Historical Rents in Delaware

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Delaware

There are a total of 15 cities nearby Delaware. The average rent in Delaware is currently $2,400 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Norfolk, VA, with an average rent of $1,500, is the most affordable city nearby. In contrast, the most expensive city near Delaware is Margate City, NJ. Monthly rents here are on average $18,000 per month.

Let's compare Delaware's rent against other top cities nearby by bedroom size. Typically, rent for studios in Delaware is on par with the other cities nearby. One bedrooms are about 20.04% more affordable. Two bedrooms in Delaware are about 21.05% more affordable. Finally, rent for three bedrooms are about 8.70% more affordable. Want more information? Check out the top 10 cities out of 15 total cities near Delaware in the following chart.

City	Studio	1 Bed	2 Bed	All
Norfolk, VA	N/A	$1,017	$1,300	$1,500
Wilmington, DE	$1,548	$1,545	$1,895	$1,600
Philadelphia, PA	$1,375	$1,693	$1,812	$1,800
Lansdale, PA	$2,055	$2,438	$2,746	$2,250
King of Prussia, PA	N/A	$2,077	$2,629	$2,395
Atlantic City, NJ	$8,500	$1,800	$1,695	$2,425
Glassboro, NJ	N/A	N/A	$1,500	$2,975
Brigantine, NJ	N/A	$1,400	$2,300	$3,500
Ventnor City, NJ	$12,500	$9,350	$9,000	$13,150
Margate City, NJ	$13,250	$8,250	$17,000	$18,000

Top Neighborhoods Near Delaware

There are a total of 30 neighborhoods in or near Delaware. Some of these neighborhoods include Haddington, Cobbs Creek, and Kingsessing. We've included all of these top 30 neighborhoods in or near Delaware in the following chart.

The average rent for these 30 neighborhoods in or near Delaware is currently around $1,895 per month. A total of 25 neighborhoods have a lower average rent. Meaning, only five neighborhoods have a higher average rent than $1,895. Out of all the neighborhoods in or near Delaware, Haddington has the most affordable average rent at $1,285 per month. Whereas, at $13,000 average rent per month, Lower Chelsea is the most expensive neighborhood in or near Delaware. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Haddington, Philadelphia, PA	$1,077	$1,200	$1,275	$1,285
Cobbs Creek, Philadelphia, PA	N/A	$1,075	$1,350	$1,350
Kingsessing, Philadelphia, PA	$1,038	$1,250	$1,500	$1,400
Germantown, Philadelphia, PA	$1,028	$1,325	$1,850	$1,450
Port Richmond, Philadelphia, PA	$1,500	$1,195	$1,430	$1,500
South Philadelphia West, Philadelphia, PA	$1,038	$1,325	$1,600	$1,550
Roxborough, Philadelphia, PA	$1,325	$1,625	$1,933	$1,650
North Philadelphia East, Philadelphia, PA	$1,298	$1,395	$1,663	$1,652
North Philadelphia West, Philadelphia, PA	$1,225	$1,421	$1,600	$1,695
East Germantown, Philadelphia, PA	$1,375	$1,425	$1,698	$1,700
Kensington, Philadelphia, PA	$1,221	$1,595	$1,795	$1,750
Point Breeze, Philadelphia, PA	$1,307	$1,425	$1,795	$1,795
Spruce Hill, Philadelphia, PA	$925	$1,240	$1,850	$1,800
Avenue of the Arts North, Philadelphia, PA	$750	$1,700	$1,600	$1,850
Washington Square West, Philadelphia, PA	$1,205	$1,895	$2,305	$1,895
Northern Liberties - Fishtown, Philadelphia, PA	$1,384	$1,745	$2,350	$1,895
Manayunk, Philadelphia, PA	$1,420	$1,550	$2,045	$1,900
West Powelton, Philadelphia, PA	$1,321	$1,653	$1,705	$1,931
Bella Vista - Southwark, Philadelphia, PA	$1,095	$1,695	$2,098	$1,985
Center City East, Philadelphia, PA	$1,343	$1,900	$2,750	$2,033
Graduate Hospital, Philadelphia, PA	$1,342	$1,693	$2,495	$2,077
Fairmount - Art Museum, Philadelphia, PA	$1,502	$1,715	$2,200	$2,100
Center City West, Philadelphia, PA	$1,465	$2,065	$3,255	$2,105
Rittenhouse Square, Philadelphia, PA	$1,572	$2,144	$3,348	$2,106
Avenue of the Arts South, Philadelphia, PA	$1,690	$2,077	$2,980	$2,129
Fitler Square, Philadelphia, PA	$1,725	$2,173	$3,423	$2,341
Logan Square, Philadelphia, PA	$1,724	$2,245	$3,600	$2,348
Mantua, Philadelphia, PA	N/A	$1,320	$1,750	$2,400
University City, Philadelphia, PA	$1,343	$2,951	$4,299	$3,001
Lower Chelsea, Atlantic City, NJ	$13,500	$6,700	$13,000	$13,000

Top Counties Near Delaware

There are a total of 30 counties located by Delaware. Some of these counties include Philadelphia, PA, Harford, MD, and Delaware, PA. The average rent for rentals in these counties is $2,500. That's roughly around $2 per sqft. A total of 12 counties have a lower average rent. The county that is the most affordable is Berks, PA. It's average rent per month is $1,495. Vice versa, with an average rent of $9,000, Atlantic, NJ is the most expensive county by Delaware.

Typically, rent for studios in Delaware is 15.99% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Delaware is 12.90% more affordable than other counties nearby. Finally, rent for two bedrooms in Delaware is 2.63% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Philadelphia, PA	$1,375	$1,693	$1,812	$1,800
Harford, MD	$750	$1,499	$1,686	$1,850
Delaware, PA	$1,150	$1,300	$1,700	$1,900
Camden, NJ	$1,300	$1,593	$1,800	$1,950
Kent, DE	N/A	N/A	$1,500	$2,000
New Castle, DE	$1,600	$1,499	$1,850	$2,098
Sussex, DE	N/A	$1,675	$1,950	$2,500
Burlington, NJ	N/A	$1,500	$2,100	$2,500
Gloucester, NJ	$1,300	$1,430	$1,750	$2,800
Atlantic, NJ	$10,000	$5,750	$2,900	$9,000

Top Zipcodes Near Delaware

There are a total of 31 zipcodes in or near Delaware. The average rent for all of these zipcodes is $1,890. A total of 24 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19140, Philadelphia, PA at $1,263 per month. In comparison, the zipcode with the most expensive average rent of $18,000 per month is 08402, Margate City, NJ.

Studios in these zipcodes have an average rent of $1,305. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Delaware is $1,600 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,958 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Delaware. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
19121, Philadelphia, PA	$1,228	$1,425	$1,600	$1,750
19103, Philadelphia, PA	$1,617	$2,150	$3,495	$2,200
19146, Philadelphia, PA	$1,342	$1,550	$1,995	$1,800
19122, Philadelphia, PA	$1,338	$1,475	$1,750	$1,695
19104, Philadelphia, PA	$1,312	$2,166	$1,900	$2,150
19107, Philadelphia, PA	$1,200	$1,925	$2,700	$1,995
19125, Philadelphia, PA	$1,305	$1,599	$1,868	$1,800
19130, Philadelphia, PA	$1,462	$1,730	$2,190	$2,000
19123, Philadelphia, PA	$1,300	$1,633	$2,210	$1,890
08402, Margate City, NJ	$13,250	$8,250	$17,000	$18,000

Frequently Asked Questions - Delaware Average Rents

What is the average rent price in Delaware?

The average monthly rental price for Delaware apartments for rent is approximately $2,245. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Delaware rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Delaware.

How much is a studio apartment in Delaware?

The average monthly rental price for studio apartments is $1,548 and an average price per square feet of $1.66. There are a total of 10 studio apartment listings currently available for rent in Delaware.

How much is a one bedroom apartment in Delaware?

The average monthly rental price for one bedroom apartments is $1,500 and an average price per square feet of $2.04. There are a total of 34 one bedroom apartment listings currently available for rent in Delaware.

How much is a two bedroom apartment in Delaware?

The average monthly rental price for two bedroom apartments is $1,900 and an average price per square feet of $1.65. There are a total of 73 two bedroom apartment listings currently available for rent in Delaware.

How have rent prices in Delaware changed this year?

Rent prices for rentals in Delaware can fluctuate yearly. Specifically, studio rental prices have changed by -0.07%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by 0.22%, and three bedroom rental prices have changed by 0.11% year-over-year.

What is a reasonable rent price in Delaware?

A reasonable rent price in Delaware is around $1,796/month. You can search for these reasonably priced rental listings on RentHop.