Average Rent in Delaware

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Current Versus Historical Delaware Rents

Delaware rentals average $1,300 for a studio rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $2,125, or roughly $1 per square feet.
For the apartment units and housing in December 2024, median rents have risen over the last year. Studio rentals prices have decreased by $149 (-10.29%) year-over-year from $1,449 to $1,300. 1-bedroom rentals prices have increased by $75 (5.45%) year-over-year from $1,375 to $1,450. 2-bedroom rentals prices have increased by $145 (8.79%) year-over-year from $1,650 to $1,795. 3-bedroom rentals prices have increased by $200 (10.00%) year-over-year from $2,000 to $2,200. 4-bedroom rentals prices have increased by $33 (1.25%) year-over-year from $2,667 to $2,700. 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 24.80% this month. 1-bedroom rents have gone up by 12.64% this month. 2-bedroom rents have gone up by 6.21% this month. 3-bedroom rents have gone up by 3.13% this month. 4-bedroom rents have gone up by 1.25% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.05 $1,300 $1,449 (-10.29%) $825 (57.58%)
1 BR $1.67 $1,450 $1,375 (5.45%) $1,085 (33.64%)
2 BR $1.63 $1,795 $1,650 (8.79%) $1,228 (46.23%)
3 BR $1.38 $2,200 $2,000 (10.00%) $1,717 (28.16%)
4+ BR $1.17 $2,700 $2,667 (1.25%) $2,083 (29.60%)

Historical Rents in Delaware

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Delaware

There are a total of 5 cities nearby Delaware. The average rent in Delaware is currently $1,795 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Allentown, PA, with an average rent of $1,598, is the most affordable city nearby. In contrast, the most expensive city near Delaware is Phoenixville, PA. Monthly rents here are on average $2,150 per month.

Let's compare Delaware's rent against other top cities nearby by bedroom size. Typically, rent for studios in Delaware is 3.85% more expensive than other cities nearby. One bedrooms are about 3.10% more affordable. Two bedrooms in Delaware are about 1.49% more expensive. Finally, rent for three bedrooms are about 10.11% more expensive. Want more information? Check out the top 5 cities near Delaware in the following chart.
City Studio 1 Bed 2 Bed All
Allentown, PA $950 $1,100 $1,500 $1,598
Wilmington, DE $1,295 $1,495 $1,823 $1,673
Bethlehem, PA N/A $1,350 $1,875 $1,795
Philadelphia, PA $1,250 $1,681 $1,800 $1,800
Phoenixville, PA $1,693 $1,968 $2,437 $2,150

Top Neighborhoods Near Delaware

There are a total of 25 neighborhoods in or near Delaware. Some of these neighborhoods include Cobbs Creek, Germantown, and Roxborough. We've included all of these top 25 neighborhoods in or near Delaware in the following chart.

The average rent for these 25 neighborhoods in or near Delaware is currently around $1,895 per month. A total of 23 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,895. Out of all the neighborhoods in or near Delaware, Cobbs Creek has the most affordable average rent at $1,350 per month. Whereas, at $3,295 average rent per month, University City is the most expensive neighborhood in or near Delaware. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Cobbs Creek, Philadelphia, PA N/A $1,193 $1,338 $1,350
Germantown, Philadelphia, PA $1,023 $1,275 $1,644 $1,450
Roxborough, Philadelphia, PA $1,425 $1,570 $1,675 $1,600
Port Richmond, Philadelphia, PA $1,500 $1,245 $1,400 $1,600
South Philadelphia West, Philadelphia, PA $1,125 $1,198 $1,500 $1,613
North Philadelphia East, Philadelphia, PA $1,236 $1,400 $1,700 $1,632
North Philadelphia West, Philadelphia, PA $1,100 $1,395 $1,500 $1,650
Kensington, Philadelphia, PA $1,037 $1,495 $1,750 $1,734
East Germantown, Philadelphia, PA $863 $1,850 $1,450 $1,800
Manayunk, Philadelphia, PA $1,175 $1,500 $1,800 $1,838
Spruce Hill, Philadelphia, PA $1,050 $1,699 $2,000 $1,850
Point Breeze, Philadelphia, PA $1,080 $1,243 $1,700 $1,850
Queen Village - Pennsport, Philadelphia, PA N/A $1,497 $1,895 $1,895
Rittenhouse Square, Philadelphia, PA $1,463 $1,901 $2,951 $1,947
Avenue of the Arts South, Philadelphia, PA $1,100 $1,718 $2,912 $1,960
Avenue of the Arts North, Philadelphia, PA N/A $1,456 $1,388 $1,985
Bella Vista - Southwark, Philadelphia, PA $1,798 $1,550 $1,900 $1,997
Graduate Hospital, Philadelphia, PA $1,065 $1,450 $2,175 $1,998
Fairmount - Art Museum, Philadelphia, PA $1,656 $1,600 $2,100 $2,000
Center City West, Philadelphia, PA $1,386 $2,095 $3,151 $2,075
Center City East, Philadelphia, PA $1,125 $1,910 $2,800 $2,095
Northern Liberties - Fishtown, Philadelphia, PA $1,400 $1,715 $2,450 $2,100
Washington Square West, Philadelphia, PA $1,650 $1,915 $3,123 $2,100
Logan Square, Philadelphia, PA $1,796 $2,275 $3,800 $2,528
University City, Philadelphia, PA $1,368 $3,500 $3,975 $3,295

Top Counties Near Delaware

There are a total of 25 counties located by Delaware. Some of these counties include Allentown, PA, Wilmington, DE, and Bethlehem, PA. The average rent for rentals in these counties is $2,300. That's roughly around $2 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Allentown, PA. It's average rent per month is $1,598. Vice versa, with an average rent of $3,700, Brick, NJ is the most expensive county by Delaware.

In comparison, rent for one bedroom listings in Delaware is 15.93% more affordable than other counties nearby. Finally, rent for two bedrooms in Delaware is 18.92% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Allentown, PA $950 $1,100 $1,500 $1,598
Wilmington, DE $1,295 $1,495 $1,823 $1,673
Bethlehem, PA N/A $1,350 $1,875 $1,788
Philadelphia, PA $1,250 $1,681 $1,800 $1,800
Phoenixville, PA $1,693 $1,968 $2,437 $2,150
Lewes, DE N/A $1,500 $1,850 $2,300
Lower Merion, PA $1,350 $2,047 $2,380 $2,444
Howell, NJ N/A $2,550 $3,400 $3,300
Toms River, NJ N/A $1,650 $2,500 $3,500
Brick, NJ N/A $1,875 $2,200 $3,700

Top Zipcodes Near Delaware

There are a total of 6 zipcodes in or near Delaware. The average rent for all of these zipcodes is $1,688. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 19131, Philadelphia, PA at $1,450 per month. In comparison, the zipcode with the most expensive average rent of $2,150 per month is 19460, Phoenixville, PA.

Studios in these zipcodes have an average rent of $1,160. 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 $1,563 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,651 per month. Which comes out to $2 per sqft. The following chart includes the top 6 zipcodes in Delaware. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
19104, Philadelphia, PA $1,195 $1,575 $1,781 $1,796
19128, Philadelphia, PA $1,363 $1,550 $1,698 $1,625
19144, Philadelphia, PA $985 $1,637 $1,604 $1,675
19145, Philadelphia, PA $1,125 $1,198 $1,550 $1,700
19460, Phoenixville, PA $1,693 $1,968 $2,335 $2,150
19131, Philadelphia, PA N/A $1,135 $1,373 $1,450

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 $2,125. 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 $1,300 and an average price per square feet of $3.05. There are a total of 5 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 $1,450 and an average price per square feet of $1.67. There are a total of 37 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 $1,850 and an average price per square feet of $1.63. There are a total of 95 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 -0.10%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Delaware?
A reasonable rent price in Delaware is around $1,700/month. You can search for these reasonably priced rental listings on RentHop.
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