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Highest Rent in Delaware
Top 20 cities ranked by highest rent
Best Cities For...
Composite rankings combining multiple weighted metrics — 5 topics across U.S. Census, FBI, NOAA and CDC data.
Highest Rent — Delaware
Cities with the highest rents in Delaware reflect tight housing markets where demand significantly exceeds supply. Hockessin leads with a median rent of $2,980 per month.
High rents are typically found in cities with strong economies, large populations of young professionals, and limited housing supply. These markets often have low vacancy rates and competitive rental processes.
The rent burden in these cities can be significant, with many residents spending more than 30% of their income on housing. This has fueled discussions about rent control, affordable housing development, and tenant protections in many of these communities.
Did You Know?
- 1. Renters in Hockessin pay $2,980/month — that's $35,760 per year on housing alone.
- 2. The general rule of thumb is that rent should not exceed 30% of gross income — in many of these cities, average earners exceed that threshold.
- 3. High-rent cities often have rental vacancy rates below 5%, creating intense competition for available units.