Rental numbers for New Castle County, DE
The typical home here runs -$975 a month at 7.78% with 25% down, breaking even at about 1.9%. 1 of 15 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.8%.
- Gross yield
- 6.2%
- typical home, Zillow
- Median ZIP yield
- 6.8%
- 15 ZIPs with full data
- Cash flow
- -$975/mo
- at 7.78%, 25% down
- Typical price
- $368,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,887/mo
- Zillow ZORI, Aug 2026
ZIP codes in New Castle County
24 with published figures
| 19801Wilmington | $180,000 | $1,793 | 12.0% | 7.8% | +$199 | +1.6% |
| 19802Wilmington | $203,000 | $1,634 | 9.7% | 5.9% | -$95 | +8.1% |
| 19805Wilmington | $219,000 | $1,653 | 9.1% | 5.5% | -$167 | +4.5% |
| 19731Port Penn | $284,000 | $2,010* | 8.5% | 5.2% | -$298 | n/a |
| 19804Wilmington | $279,000 | $1,837 | 7.9% | 4.8% | -$394 | n/a |
| 19713Newark | $319,000 | $2,001 | 7.5% | 4.5% | -$531 | +4.2% |
| 19808Wilmington | $370,000 | $2,297 | 7.4% | 4.4% | -$626 | +6.9% |
| 19720New Castle | $281,000 | $1,709 | 7.3% | 4.3% | -$509 | n/a |
| 19706Delaware City | $297,000 | $1,740* | 7.0% | 4.2% | -$570 | n/a |
| 19702Newark | $353,000 | $1,988 | 6.8% | 3.7% | -$811 | +2.5% |
| 19733New Castle | $311,000 | $1,750* | 6.8% | 3.8% | -$696 | n/a |
| 19701Bear | $420,000 | $2,336 | 6.7% | 3.8% | -$933 | +2.0% |
| 19806Wilmington | $362,000 | $1,971 | 6.5% | 3.4% | -$924 | +4.2% |
| 19703Claymont | $326,000 | $1,710 | 6.3% | 3.4% | -$822 | +4.0% |
| 19809Wilmington | $321,000 | $1,668 | 6.2% | 3.4% | -$833 | n/a |
| 19709Middletown | $535,000 | $2,754 | 6.2% | 3.5% | -$1,340 | +1.9% |
| 19711Newark | $425,000 | $2,046 | 5.8% | 2.9% | -$1,269 | +4.9% |
| 19810Wilmington | $470,000 | $2,039 | 5.2% | 2.6% | -$1,526 | +2.5% |
| 19803Wilmington | $514,000 | $2,190* | 5.1% | 2.5% | -$1,714 | n/a |
| 19730Odessa | $406,000 | $1,680* | 5.0% | 2.3% | -$1,397 | n/a |
| 19734Townsend | $488,000 | $1,900* | 4.7% | 2.1% | -$1,769 | n/a |
| 19707Hockessin | $606,000 | $2,060* | 4.1% | 1.6% | -$2,474 | n/a |
| 19732Rockland | $751,000 | $2,190* | 3.5% | 0.9% | -$3,504 | n/a |
| 19807Wilmington | $1,109,000 | $2,190* | 2.4% | 0.1% | -$5,898 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.5%
- Rent, 12 months
- +3.1%
- Rent minus price growth
- +1.6 pts
- Property tax
- 0.71%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $294,578 | $1,442 |
| Aug 2022 | $321,028 | $1,619 |
| Aug 2023 | $332,952 | $1,686 |
| Aug 2024 | $347,191 | $1,756 |
| Aug 2025 | $362,287 | $1,830 |
| Aug 2026 | $367,612 | $1,887 |
HUD Fair Market Rent
FY2027, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,438 | $1,558 | $1,860 | $2,216 | $2,445 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 6.8
- 1,536 units, last 12 months
- National percentile
- 58th
- among US counties
Tools
Test a listing in New Castle County against today's rate.
Open the calculatorPart of the Philadelphia, PA metro.
Questions
- Is New Castle County good for rental property?
- The typical home here runs -$975 a month at 7.78% with 25% down, breaking even at about 1.9%. 1 of 15 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.8%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in New Castle County?
- About 0.71% of value, from Census ACS median taxes paid over median home value. On a $368,000 home that is about $2,610 a year.
- What is Fair Market Rent in New Castle County?
- HUD's FY2027 Fair Market Rent here is $1,558 for a 1-bedroom, $1,860 for a 2-bedroom and $2,216 for a 3-bedroom. Typical cash flow at today's rate is -$975 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.