Troy Farms
124 Lippazon Way,
Delaware, OH 43015
1-2 Beds | $1,059 - 1,711
Rental Market Trends in Delaware, OH
What is the average rent in Delaware, OH?
$1,069/month
Average Rent
707 Sq Ft
Average Apartment Size
+4%
Increase in the Last Year
As of November 2024, the average rent in Delaware, OH is $1,069 per month. This is 31% lower than the national average rent of $1,559/month, making renting in Delaware more affordable than most cities in the US. When you rent an apartment in Delaware, you can expect to pay about $803 per month for a studio, $1,069 for a one-bedroom apartment, and around $1,484 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,423 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Delaware, OH?
In the past year, rent has increased by 4%, which averages out to $43 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Delaware, OH
Last Updated November 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
43%
$700 - $1,000/month
40%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
3%
Above $2,000/month
What salary do I need to live comfortably in Delaware, OH?
Because the average rent in Delaware is $1,069, you’ll want to make about $3,563 per month or $42,756 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Delaware, OH compare to other nearby cities and neighborhoods?
Use the tool below to compare Delaware, OH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
Apartment communities in Delaware we think you'll love
Property Management Companies in Delaware, OH
Dietz Property Group
-
45
Communities
-
8,570
Units
-
30
Cities
3 Communities in Delaware
T & R Properties
-
23
Communities
-
3,839
Units
-
17
Cities
2 Communities in Delaware
Cushman & Wakefield
-
559
Communities
-
139,184
Units
-
279
Cities
1 Community in Delaware
Redwood Living
-
120
Communities
-
15,758
Units
-
100
Cities
1 Community in Delaware
Harbor Group Management
-
139
Communities
-
44,101
Units
-
90
Cities
1 Community in Delaware
Elon Property Management
-
97
Communities
-
12,757
Units
-
56
Cities
1 Community in Delaware
Aspen Property Management
-
20
Communities
-
1,197
Units
-
17
Cities
1 Community in Delaware
Oakwood Management Company
-
31
Communities
-
6,097
Units
-
15
Cities
1 Community in Delaware
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.