Rental numbers for Delaware
1 of 23 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 6.3%.
- Gross yield
- n/a
- no Zillow rent index
- Median ZIP yield
- 6.3%
- 23 ZIPs with full data
- Cash flow
- n/a
- at 7.78%, 25% down
- Typical price
- $406,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,988/mo
- median across 23 tier A ZIPs, Aug 2026
Counties
Gross yield uses Zillow county rent where published, otherwise the median ZIP yield
| New Castle County | $368,000 | $1,887 | 6.2% | 3.3% | -$975 | +3.1% |
| Kent County | $373,000 | $1,787 | 5.8% | 3.2% | -$1,012 | +4.3% |
| Sussex County | $485,000 | $2,303 | 5.7% | 3.4% | -$1,252 | +4.6% |
Highest-yield ZIP codes in Delaware
Tier A only: Zillow value against Zillow rent
| ZIP | Typical price | Rent | Gross yield | Cash flow /mo |
|---|---|---|---|---|
| 19801Wilmington | $180,000 | $1,793 | 12.0% | +$199 |
| 19802Wilmington | $203,000 | $1,634 | 9.7% | -$95 |
| 19805Wilmington | $219,000 | $1,653 | 9.1% | -$167 |
| 19804Wilmington | $279,000 | $1,837 | 7.9% | -$394 |
| 19713Newark | $319,000 | $2,001 | 7.5% | -$531 |
| 19808Wilmington | $370,000 | $2,297 | 7.4% | -$626 |
| 19720New Castle | $281,000 | $1,709 | 7.3% | -$509 |
| 19702Newark | $353,000 | $1,988 | 6.8% | -$811 |
| 19701Bear | $420,000 | $2,336 | 6.7% | -$933 |
| 19806Wilmington | $362,000 | $1,971 | 6.5% | -$924 |
Trends
Five years to August 2026
- Price, 12 months
- +1.3%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.50%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value |
|---|---|
| Aug 2021 | $334,471 |
| Aug 2022 | $371,441 |
| Aug 2023 | $381,080 |
| Aug 2024 | $391,211 |
| Aug 2025 | $401,020 |
| Aug 2026 | $406,074 |
Costs that vary by state
- Effective property tax
- 0.50%
- Census ACS 2024
- Landlord insurance default
- $1,435/yr
- NAIC HO-3 $1,196 x 1.2
- Permits per 1,000 households
- 16.1
- last 12 months
- Median typical price
- $353,000
- tier A ZIPs
Metros
Questions
- Is Delaware good for rental property?
- 1 of 23 ZIP codes with full Zillow data in this state are cash-flow positive; the median gross yield is 6.3%. Cash flow assumes the typical home in each ZIP, 7.78% with 25% down and the default costs.
- What is the average property tax rate in Delaware?
- About 0.50% of value statewide (Census ACS median taxes paid over median value). Rates vary widely by county; the county table above links to each.
- What does landlord insurance cost in Delaware?
- NAIC's 2023 average homeowners (HO-3) premium in Delaware was $1,196. Landlord policies usually cost more, so this site assumes $1,435 a year. Quotes depend on the property, coverage and claims history.
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.
- 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.
- NAIC Homeowners Insurance Report, data for 2023
National Association of Insurance Commissioners. Read: 2023.
Average HO-3 homeowners premium by state, multiplied by 1.2 as a landlord-policy assumption.
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.