The Least and Most Expensive Areas to Rent in Delaware
- May 17, 2023
- admin
- Category: Delaware Housing Market
Delaware, a small state in the Mid-Atlantic region of the United States, boasts several noteworthy features, including scenic beaches like Rehoboth Beach, rich history, and diverse cities. It was the first state to ratify the U.S. Constitution, giving it the moniker “First State.”
The state’s low taxes and corporate-friendly laws make it a popular destination for businesses, leading to a thriving job market and various industries, including tech, pharmaceuticals, and chemicals.
Despite the state’s popularity, the cost of living in Delaware is generally higher than the national average. However, housing and other expenses remain reasonable, making it a feasible choice for people from different backgrounds and budgets.
Different cities in the state have varying living costs, and this guide aims to help people make informed decisions by providing insights into the least and most expensive areas to rent in Delaware.
10 Least Expensive Areas to Rent in Delaware
1. Pike Creek
Pike Creek, located in New Castle County, Delaware, is a charming suburban community that offers its residents a comfortable and peaceful lifestyle. With a population of 7,808 people, Pike Creek provides a small-town feel while being close enough to Philadelphia to enjoy its amenities.
One of the key benefits of living in Pike Creek is the sense of community and belonging that residents experience. People who call this place home tend to take pride in their community and have a strong sense of civic responsibility, which helps create a friendly and supportive environment.
Another notable feature of Pike Creek is its highly-rated public schools. Families with children can enjoy peace of mind knowing their kids will receive a quality education that prepares them for the future.
Area Feel: Suburban Rural Mix
Population: 7,808
Median Value of Houses: $342,100
Median Gross Rent: $2,009
Median Household Income: $131,603
Top Attractions
- Delaware Park
- Deerfield Golf Course
- Delaware Museum of Natural History
2. Glasgow
Glasgow, Delaware, is a small town of around 15,288 people located in the northeastern corner of the state, near the border with Maryland. Despite its relatively small size, Glasgow’s location is advantageous, as it is situated close to Interstate 95 and several neighboring states, making it an excellent destination for day trips.
Visitors to Glasgow will find a variety of activities to enjoy, including natural, historical, and artistic attractions, as well as opportunities for outdoor recreation. However, for those who prefer to stay within the state, plenty of options are available, including race tracks, casinos, family-friendly beaches, and state parks further south along the mid-Atlantic coast.
Area Feel: Suburban Rural Mix
Population: 15,288
Median Value of Houses: $280,800
Median Gross Rent: $1,521
Median Household Income: $96,954
Top Attractions
- Glasgow Park
- Biden Welcome Center
- White Clay Creek State Park
3. Wilmington Manor
Wilmington Manor is a small but vibrant municipality located in the heart of Delaware. With a population of around 8,162 residents, it’s situated in New Castle County, which is in the state’s north-central region.
Wilmington Manor is located on the western bank of the Delaware River, which offers a beautiful and serene backdrop to the town. Its proximity to nearby cities like Wilmington, Newark, and New Castle makes it convenient for residents and visitors.
One of the highlights of Wilmington Manor is the abundance of historical sites and museums that can be found in the surrounding area. These destinations offer a glimpse into the rich and varied history of the region, providing visitors with an opportunity to learn about the people, events, and cultures that have shaped Delaware over the years.
Area Feel: Sparse Suburban
Population: 8,162
Median Value of Houses: $173,700
Median Gross Rent: $1,085
Median Household Income: $64,767
Top Attractions
- Rockwood Mansion and Museum
- Rogers Manor Park
- Old New Castle
4. North Star
North Star, Delaware, offers the best of both worlds when it comes to lifestyle. Despite being a suburb of the bustling city of Philadelphia, North Star manages to maintain a peaceful and serene atmosphere, thanks to its small population and limited land area. The town’s proximity to the Delaware River and natural areas makes it an ideal location for those seeking a rural lifestyle, with ample opportunities for outdoor recreation such as hiking.
However, North Star is only partially cut off from urban amenities. The downtown area offers plenty of options for coffee, dining, and entertainment, giving the town a more urban edge. Additionally, the presence of shopping malls such as the Pine Creek Shopping Mall and Dover Delaware Shopping Mall ensures that residents can access a wide range of products and services.
Area Feel: Rural
Population: 8,056
Median Value of Houses: $457,900
Median Gross Rent: $1,828
Median Household Income: $153,971
Top Attractions
- Mount Cuba Astronomical Observatory
- White Clay Creek State Park
- Delaware Museum of Natural History
5. Bear
Bear is a charming unincorporated community in New Castle County, Delaware, located just 8 miles west of the bustling downtown area of Wilmington. What makes Bear stand out is its tranquil atmosphere, as it is known for being one of Delaware’s best lakeside communities. The community is adjacent to the picturesque Red Lion Lake State Park, which provides plenty of opportunities for outdoor recreation, such as fishing, biking, and canoeing during the summer months.
One of the critical features of Bear is its peaceful neighborhoods, which are known for their meticulously kept homes, making it an ideal place to call home. Despite its serene surroundings, Bear still manages to offer plenty of conveniences for its residents.
Area Feel: Sparse Suburban
Population: 19,371
Median Value of Houses: $219,188
Median Gross Rent: $1,351
Median Household Income: $74,572
Top Attractions
- Lums Pond State Park
- Delaware Rock Gym Inc.
- Delaware Children’s Museum
6. Edgemoor
Edgemoor enjoys a strategic location that allows visitors to have the best of both worlds: the convenience of being close to a major city and the peacefulness of being close to nature. Despite its proximity to Philadelphia, Edgemoor’s population is relatively small, with only about 6,000 people, giving it a sense of tranquility that can be hard to find in larger urban areas.
Edgemoor’s location along the Delaware River in New Castle County is picturesque. It offers visitors plenty of opportunities to explore the outdoors, whether that means visiting parks and green spaces or taking part in outdoor festivals and events. Additionally, Edgemoor boasts a vibrant arts and culture scene and exciting history, which make it an excellent destination for visitors interested in learning about the region’s past and present.
Area Feel: Dense Suburban
Population: 6,635
Median Value of Houses: $251,600
Median Gross Rent: $1,592
Median Household Income: $67,841
Top Attractions
- Iron Hill Brewery and Restaurant
- Brandywine Creek State Park
- Bellevue State Park
7. Brookside
Brookside appears to be a small but vibrant town located in the northwest corner of Delaware’s New Castle County. Its location just off Interstate 95 makes it an easily accessible stop for travelers between Philadelphia and Baltimore. Brookside’s favorable tax policy attracts many shoppers from the region, making it a popular destination for those seeking a variety of goods and services.
In addition to its commercial appeal, Brookside is also known for its natural beauty, boasting a variety of state parks and nature preserves. These offer opportunities for outdoor recreation and exploration, making it an ideal destination for those who enjoy spending time in nature.
Area Feel: Sparse Suburban
Population: 14,974
Median Value of Houses: $219,600
Median Gross Rent: $1,295
Median Household Income: $62,810
Top Attractions
- Christiana Mall
- Fred Rust Ice Arena
- Rittenhouse Park
8. Middletown
Middletown is desirable for those looking for upscale residential neighborhoods with a high quality of life. It’s situated in southern New Castle County, one of the fastest-growing areas in Delaware. It is conveniently located within easy driving distance of important regional centers such as the state capital of Dover, the bustling city of Wilmington, and the famous Delaware beaches.
Middletown offers a diverse array of Delaware real estate options, including some of the best homes for sale in the region. It suggests that the city has a healthy real estate market, which could be appealing to those looking to invest in property or find a new home.
Area Feel: Sparse Suburban
Population: 23,192
Median Value of Houses: $315,900
Median Gross Rent: $1,412
Median Household Income: $93,750
Top Attractions
- Dutch Country Farmer’s Market
- Mid County Lanes and Entertainment
- Charles E. Price Memorial Park
9. Pike Creek Valley
Pike Creek Valley, located in New Castle County, Delaware, has a modest population of just over 11,692 individuals. Despite its small size, the area’s central location makes it an ideal starting point for tourists looking to explore the many attractions the state of Delaware offers.
Wilmington and Newark are two nearby cities that boast a plethora of museums, art galleries, historical sites, and theaters for visitors to enjoy. Additionally, there are a variety of state parks in the region for outdoor enthusiasts to explore, as well as opportunities for golf, auto racing, and gambling.
For those willing to take a road trip, there are many beautiful beaches along the Atlantic coast to the south. Overall, Pike Creek Valley is a convenient and enjoyable destination for tourists seeking to experience what Delaware offers.
Area Feel: Urban Suburban Mix
Population: 11,692
Median Value of Houses: $261,000
Median Gross Rent: $1,374
Median Household Income: $77,402
Top Attractions
- Anthony’s Coal Fired Pizza & Wings
- Fusion Freestyle Mixed Martial Arts
10. Smyrna
Smyrna is a small but vibrant town located in the heart of Delaware, situated between two notable landmarks: the neighboring state of Maryland to the east and the Delaware Bay to the west. This town boasts a population of around 12,883 residents and is located in both Kent and New Castle counties.
For those with an adventurous spirit, Smyrna serves as an excellent base for exploring the state’s many beautiful beaches, state parks, and relatively large metropolitan areas. By choosing Smyrna as your starting point, you can discover all the unique and historically significant aspects of Delaware that you might have otherwise missed.
Area Feel: Sparse Suburban
Population: 12,883
Median Value of Houses: $225,900
Median Gross Rent: $1,323
Median Household Income: $63,794
Top Attractions
- Painted Stave Distilling
- The Celtic Pub
- The Smyrna Opera House
10 Most Expensive Areas to Rent in Delaware
1. Ocean View
Ocean View, Delaware, is a charming town with the best of both worlds – the sandy coastline of the Atlantic Ocean and the tranquility of country living. Its history can be traced back to the 17th century, which suggests that there is a rich cultural heritage in the town.
The town’s location, just one mile west of the beach, makes it ideal for beachgoers who want to enjoy the sun, sand, and surf. At the same time, the town’s small size and community atmosphere make it an attractive option for those who are seeking a quieter lifestyle.
Area Feel: Suburban Rural Mix
Population: 2,190
Median Value of Houses: $362,608
Median Gross Rent: $1,606
Median Household Income: $88,112
Top Attractions
- Bethany Beach Boardwalk
- Northeast Seafood Kitchen
- Fenwick Island State Park
2. Millville
Millville, Delaware, is a small suburban town in Sussex County that offers a unique blend of rural and suburban living. Millville has a population of just under 700 people and provides a close-knit community where many residents own their homes. The town has received recognition as one of the best places to live in Delaware due to its high quality of life.
Millville’s population includes many young professionals drawn to the town’s charm and the opportunities it provides for a quieter, more laid-back lifestyle. As a conservative community, Millville offers residents a sense of stability and tradition that many find appealing. Additionally, the town’s public schools have earned high ratings, providing families with quality education for their children.
Area Feel: Suburban Rural Mix
Population: 626
Median Value of Houses: $350,151
Median Gross Rent: $1,497
Median Household Income: $70,987
Top Attractions
- Perucci’s classic italian Restaurant
- Bear Trap Dunes
- Dickens Parlour Theatre
3. St Georges
Saint Georges, DE, is a charming small town that offers a tranquil and family-friendly environment for people to live and grow in. The area boasts a range of amenities, including supermarkets, restaurants, and parks, making it an attractive location for those who want to enjoy the comforts of a tight-knit community without sacrificing access to the conveniences of city living.
One of the standout features of Saint Georges is its exceptional schools, which can be a major draw for families looking to raise their children in a supportive and high-quality educational environment. Although there is no public transportation in the area, residents can quickly get around with their own cars, which is a common mode of transportation in many small towns.
The weather in Saint Georges is also a major plus, with mild and sunny days throughout much of the year. It makes it an ideal location for outdoor activities such as cycling or watersports at nearby beaches and national parks.
Area Feel: Rural
Population: 1,197
Median Value of Houses: NA
Median Gross Rent: NA
Median Household Income: $129,125
Top Attractions
- William V Roth Jr. Bridge
- Georges Bridge
- Frightland
4. Newark
Newark, Delaware a unique and thriving community. The University of Delaware is a significant contributor to the city’s population and economy, bringing in thousands of students and creating job opportunities for educators and retailers alike.
However, Newark is more than just a college town. It has managed to balance its educational, residential, commercial, and industrial sectors, making it an attractive destination for businesses of all types.
The city’s Main Street is also revitalizing, with new construction projects adding to the area’s vibrancy and appeal. Overall, Newark is a community that values diversity, innovation, and growth, making it an exciting place to live, work, and visit.
Area Feel: Dense Suburban
Population: 30,601
Median Value of Houses: $283,900
Median Gross Rent: $1,330
Median Household Income: $61,646
Top Attractions
- White Clay Creek State Park
- Christiana Mall
- Bob Carpenter Center
5. Lewes
Lewes is a small town in Delaware known for its quiet and dignified atmosphere and its friendly and welcoming residents.
It is a popular destination for travelers who enjoy leisurely strolls along streets filled with unique shops and boutiques, as well as waterfront dining with scenic views.
The town is also said to be rich in history and surprises, offering visitors unexpected discoveries and hidden gems to uncover.
Area Feel: Sparse Suburban
Population: 3,322
Median Value of Houses: $584,318
Median Gross Rent: $1,040
Median Household Income: $91,792
Top Attractions
- Lewes Beach
- Zwaanendael Museum
- Lightship Overfalls LV-118
6. Milton
Despite having a small population of around 3,012 residents, Milton has experienced significant growth in recent decades.
The town is situated along the Broadkill River, which flows inland from the coast, near the point where the Delaware Bay meets the Atlantic Ocean. Additionally, Milton is in close proximity to Lewes and Rehoboth Beach, two of Delaware’s most popular vacation destinations.
Due to its small size, visitors to Milton can explore the entire state of Delaware through day trips. There are plenty of activity options for visitors, including casinos, historical sites, and museums.
Area Feel: Sparse Suburban
Population: 3,012
Median Value of Houses: $314,979
Median Gross Rent: $922
Median Household Income: $59,576
Top Attractions
- Dogfish Head Craft Brewery
- Milton Historical Society
- Irish Eyes Pub & Restaurant
7. Millsboro
Millsboro, Delaware, is a small rural town with a history of agriculture and farming. While the population has been slowly growing in recent years, the town still maintains a peaceful and laid-back atmosphere, which attracts suburban communities looking for a slower pace of life. Millsboro’s location off the Indian River Bay, which the Atlantic Ocean feeds, also appeals to those who enjoy outdoor activities such as boating and fishing.
Furthermore, Millsboro’s distance from larger cities like Washington D.C. and Baltimore allows its residents to avoid the hustle and bustle of urban living. However, it’s still close enough for people to drive to these cities for special events or occasions quickly.
Area Feel: Dense Suburban
Population: 6,863
Median Value of Houses: $234,100
Median Gross Rent: $1,343
Median Household Income: $57,632
Top Attractions
- Cupola Park
- Millsboro Lanes
- Nanticoke Indian Museum
8. Milford
Downtown Milford is a vibrant and culturally-rich area that offers plenty of opportunities for individuals with creative inclinations. The district boasts a range of performance spaces, galleries, and shops, which serve as popular gathering places for those interested in the arts.
In addition to its cultural offerings, Downtown Milford is known for hosting various community events throughout the year, such as the Eat In The Streets, Bud & Bug Festival, and the Annual St. Patrick’s Day Pub Crawl. These events bring people together to celebrate and enjoy the local culture and cuisine.
Area Feel: Dense Suburban
Population: 11,190
Median Value of Houses: $220,200
Median Gross Rent: $1,044
Median Household Income: $47,849
Top Attractions
- Mispillion River Brewing
- Milford Museum
- Mispillion Riverwalk
9. Rehoboth Beach
Rehoboth Beach is located at the mouth of Delaware Bay, which makes it a perfect spot for vacationers who are looking for a coastal getaway. The beach boasts a 1.6-kilometer boardwalk that has been recognized as one of the Top 10 boardwalks in the USA by National Geographic.
The boardwalk is the heart of the town and offers visitors an array of activities such as funky shops, carnival-style amusements, family-friendly eateries, and live entertainment.
But it’s not just the boardwalk that attracts tourists. Rehoboth Beach has a vintage atmosphere that’s coupled with a picture-pretty seaside setting, making it an ideal destination for those who appreciate the charm of a bygone era.
Visitors can expect to immerse themselves in the local culture and enjoy the town’s unique offerings, including its vibrant arts scene, diverse cuisine, and recreational activities. Whether you’re looking for a relaxing beach vacation or an exciting getaway, Rehoboth Beach has something to offer for everyone.
Area Feel: Dense Suburban
Population: 1,588
Median Value of Houses: Over $1,000,000
Median Gross Rent: $1,231
Median Household Income: $117,083
Top Attractions
- Funland
- Rehoboth Beach Boardwalk
- Clear Space Theatre Company
10. Dagsboro
Dagsboro, Delaware, provides a unique living experience for its residents. Despite its small size and population of just over 1,000 people, the town offers all the amenities of a much larger city, including shopping malls, restaurants, and various services. It means that residents can enjoy the benefits of city life while still residing in a quaint and tight-knit community.
What’s more, Dagsboro is known for its bustling activity, with plenty of local events, such as concerts and festivals, to attend. The town also offers various opportunities for outdoor recreation, such as biking and hiking trails, which allow residents to immerse themselves in the beauty of nature.
In addition to the town’s ample opportunities for entertainment and recreation, the cost of living in Dagsboro is relatively low, and there are many affordable housing options available. It means that residents can enjoy a high quality of life without breaking the bank.
Area Feel: Suburban Rural Mix
Population: 1,026
Median Value of Houses: $223,908
Median Gross Rent: $1,059
Median Household Income: $57,500
Top Attractions
- Parsons Farms Produce
- Delaware Botanic Gardens at Pepper Creek
- Salted Vines Vineyard & Winery
Living in Delaware
Delaware has a lot to offer in terms of livability. For example, the absence of sales tax can be a significant benefit for those who live in the state, as it can lead to savings on everyday purchases. Additionally, while the cost of living is higher than the national average, it is still reasonable and affordable for most people.
Delaware’s location on the East Coast provides its residents access to diverse environments, from bustling cities to scenic beaches and charming small towns. It makes it an appealing destination for those who value variety and the ability to explore different areas and cultures.
Delaware is an excellent option for those looking for a comfortable and affordable place to live on the East Coast.