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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Elsmere town, Delaware?

$1,339/month 2.6%vs 2023 ($1,305)

City · Census ACS 5-Year estimates

The median gross rent in Elsmere town, Delaware is $1,339/month (±$123), based on Census ACS 5-Year estimates (2024). The median home value is $225,800 (±$13,041), and the median household income is $67,944/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Elsmere town, Delaware

MetricValue
Median Gross Rent$1,339
Median Home Value$225,800
Median Household Income$67,944
Total Housing Units2,238
Renter-Occupied Units767
Renter-Occupied Share34%
Households Paying 50%+ Income287 households

How does Elsmere town, Delaware compare?

Median gross rent ranked against all cities in Delaware.

Higher rent than 51% of cities in Delaware · 32th of 63

Cheapest: Bowers town($850)
Priciest: Hockessin CDP($3,501)
#CityValue
1Hockessin CDP$3,501
2Dewey Beach town$2,536
3Pike Creek CDP$2,262
… 28 more …
32Elsmere town(you are here)$1,339
… 28 more …
61Bowers town$850
62Felton town$848
63Lewes city$381

More data for Elsmere town, Delaware

Frequently asked questions

What is the average rent in Elsmere town, Delaware?

The median gross rent in Elsmere town, Delaware is $1,339/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Elsmere town, Delaware?

The median rent for a 2-bedroom in Elsmere town, Delaware is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Elsmere town, Delaware?

The median home value in Elsmere town, Delaware is $225,800 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Elsmere town are rent-burdened?

In Elsmere town, Delaware, 287 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Elsmere town, Delaware?

The median household income in Elsmere town, Delaware is $67,944/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,339 has a margin of error of ±$123. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.