Finding an affordable place to live in Delaware can feel like a treasure hunt. With its charming small towns and growing cities, Delaware offers a variety of options for apartment renters. If you’re looking for budget-friendly living, this guide will help you find the perfect spot. Here is a quick overview of four of the cheapest places to live in Delaware in 2024.
1. Smyrna
Average rent: $1,144
Smyrna is one of the most affordable cities in Delaware for renters. With an average rent of $1,144, it’s a great option for those looking to save. One-bedroom apartments in Smyrna cost around $1,050, and two-bedroom apartments are about $1,237.
Major employers in Smyrna include Bayhealth Medical Center and Amazon. The town is home to free attractions like Lake Como, where you can find locals fishing and picnicking on a nice day. The Smyrna Museum is another must-visit, offering a glimpse into local history without breaking the bank.
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2. Milford
Average rent: $1,363
With an average rent of $1,363, Milford is another affordable city in Delaware. Studio apartments are about $1,000, one-bedroom apartments are $1,395, and two-bedroom apartments will run you about $1,695.
In Milford, major employers include Bayhealth Sussex Campus and Perdue Farms. During downtime, the Riverwalk offers scenic views and a peaceful walking path along the Mispillion River. Abbott’s Mill Nature Center provides educational programs and trails, making it a great spot for a free outdoor adventure.
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3. Dover
Average rent: $1,374
Dover comes in next with an average rent of $1,374. A studio apartment averages $1,100, a one-bedroom is around $1,375, and a two-bedroom goes for $1,647.
Dover is home to Dover Air Force Base and Bayhealth Hospital, two of the largest employers in the area. The city has plenty of free or cheap attractions, including the Air Mobility Command Museum, where you can explore military aircraft.
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4. Wilmington
Average rent: $1,655
Wilmington’s average rent is $1,655, slightly below the state median but still affordable compared to many other places. Studio apartments in Wilmington cost $1,492, one-bedroom apartments are $1,598, and two-bedroom apartments average $1,876.
Wilmington hosts major employers like DuPont and ChristianaCare. Locals love the Delaware Art Museum’s sculpture garden and the Wilmington Riverfront, where you can enjoy beautiful views and outdoor activities. Brandywine Park is another great spot, featuring walking trails, gardens, and historic sites.
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Methodology
All cities must have over 10,000 residents per the US Census and have an average rent price under the median rent price for the state – which is $1,665 per month according to Redfin data. Average rental data from Rent.com July 2024.
