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?
$1,148/month
Average Rent
611 Sq Ft
Average Apartment Size
+3.4%
Increase in the Last Year
As of February 2025, the average rent in Delaware, OH is $1,148 per month. This is 26% lower than the national average rent of $1,555/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 $932 per month for a studio, $1,148 for a one-bedroom apartment, and around $1,481 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,435 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 3.4%, which averages out to $40 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 February 2025
Legend
2024
2025
Rent Ranges in Delaware, OH
Last Updated February 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
37%
$700 - $1,000/month
46%
$1,001 - $1,500/month
14%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Delaware, OH?
Because the average rent in Delaware is $1,148, you’ll want to make about $3,826 per month or $45,912 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
-
42
Communities
-
8,389
Units
-
26
Cities
3 Communities in Delaware
T & R Properties
-
23
Communities
-
3,839
Units
-
17
Cities
2 Communities in Delaware
Cushman & Wakefield
-
570
Communities
-
139,227
Units
-
290
Cities
1 Community in Delaware
Redwood Living
-
124
Communities
-
16,241
Units
-
103
Cities
1 Community in Delaware
Harbor Group Management
-
142
Communities
-
44,125
Units
-
92
Cities
1 Community in Delaware
Elon Property Management
-
110
Communities
-
13,865
Units
-
68
Cities
1 Community in Delaware
Aspen Property Management
-
20
Communities
-
1,197
Units
-
17
Cities
1 Community in Delaware
Oakwood Management Company
-
33
Communities
-
6,579
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.