2024 · Delaware
Rental yield in Delaware
In 2024, the typical rental in Delaware produced a gross yield of 4.9% — $1,530/mo median rent against a $372K median home value, ranking 21st of 51 states.
4.9%
Gross rental yield
below the 4.9% U.S. median
$1,530/mo
Median gross rent
incl. utilities (ACS)
$372K
Median home value
owner-occupied (ACS)
Delaware metros by yield
Metropolitan areas in Delaware with at least 65,000 residents, ranked by gross rental yield.
| Metro | Gross yield | Median rent | Median value |
|---|---|---|---|
| Dover, DE | 5.4% | $1,540/mo | $340K |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 5.0% | $1,567/mo | $375K |
Frequently asked questions
What is the gross rental yield in Delaware?
In 2024, Delaware had a gross rental yield of 4.9% — $1,530/mo median gross rent against a $372K median home value. That ranks 21st of 51 states (1 = highest yield). Nationally the figure was 4.9%.
Which Delaware metros have the best rental yield?
Among Delaware metros covered by the data, gross yield was highest in Dover, DE (5.4%), Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (5.0%).
Does this account for expenses or financing?
No. Gross yield is a top-line market screen — it excludes property taxes, insurance, vacancy, management, and financing. Use it to compare markets, then run a specific deal through a cap-rate or cash-flow calculator.
How investors finance deals in Delaware
Yield shows where the numbers work; our Investor Financing Report for Delaware shows the rate premium, denial rate, and DSCR lending investors face there.
Run a Delaware deal
Source: U.S. Census Bureau, American Community Survey 2024 1-year estimates. Gross rental yield = (median gross rent × 12) ÷ median home value. A market screen, not a net return.