MarketsRun a deal in this market
State · DE
Delaware
Data as of November 2024· Sources: Zillow ZHVI/ZORI, Census ACS
Strategy
Median home value
$367k
+4.2%Zillow ZHVI
Median rent
$1,700/mo
+4.5%Zillow ZORI
Gross yield
5.56%
Rent × 12 / value
Rent/price ratio
0.000%
1% rule benchmark
Median household income
$79,325
Census ACS
Owner-occupied
72.5%
Census ACS
Renter-occupied
27.5%
Census ACS
Population
-
Census ACS
What this means for LTR investors
Gross yield of 5.56% is below the 7% LTR sweet spot; you'd lean on appreciation here.
Rent grew 4.5% YoY while values moved 4.2%. That gap drives whether yield compresses or expands over time.
Renter share is 28% - a deep renter pool means lower vacancy risk in Delaware.
Median income of $79,325 sets the affordability ceiling on rent growth.