Wyoming, Delaware Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Wyoming, Delaware rental market.

Wyoming, Delaware

Average Apartment Rent

$1,961

As of November 2024

Wyoming, Delaware Average apartment rent trend

Median Rent Mar 2024 Jul 2024 Nov 2024
Wyoming $1,974 $2,087 $1,961
National $1,727 $1,752 $1,748
Wyoming
National
Mar 2024
$1,974
$1,727
Jul 2024
$2,087
$1,752
Nov 2024
$1,961
$1,748

Wyoming, Delaware Average Apartment Rent

Wyoming, Delaware Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 83.33%, apartments priced $1,500 - $2,000 represent the bulk of Wyoming, Delaware rentals, while condos priced Over $2,000 hold the lowest share of the market – 16.67%.

Wyoming, Delaware Housing tenure**

Renter occupied housing units 271
Owner occupied housing units 528

Renters take up 34% of Wyoming, Delaware real estate, occupying a total of 271 units, while homeowners live in 528 properties.

Median number of rooms of renter-occupied housing units**

5.1

Renter median household income**

$45,521

Average household size of renter-occupied housing units**

2.21

Rental vacancy rate**

3.2%

Wyoming, Delaware Renter-occupied housing units by no. of bedrooms**

No bedrooms 8
1 bed 47
2 beds 117
3 beds 70
4 beds 29

There are 117 rentals in Wyoming, Delaware with 2 beds making up the highest share of the market, at 43%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 8 units. Overall, the median number of rooms in Wyoming, Delaware homes for rent is 5.1.

Wyoming, Delaware Renter-occupied units by age of householder**

15 - 24 years 19
25 - 34 years 63
35 - 44 years 73
45 - 54 years 66
55 - 59 years 39
60 - 64 years 9
65 - 74 years 2

Most condos for rent in Wyoming, Delaware are occupied by residents in the 35 - 44 years age group (27%), followed by those in the 45 - 54 years age group (24%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 1%.

Wyoming, Delaware Renter-occupied housing units by family type**

Family households 133
Non-Family Households 138

Wyoming, Delaware Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 71
No related children of the householder under 18 200

A total of 133 apartments for rent in Wyoming, Delaware, or 49% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 71 units. All in all, the median size of a renter-occupied household in Wyoming, Delaware is 2.21.

Wyoming, Delaware Renter-occupied housing units by educational attainment**

Less than high school graduate 8
High school graduate (including equivalency) 119
Some college or associate's degree 94
Bachelor's degree or higher 50

In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Wyoming, Delaware.

Wyoming, Delaware Renter-occupied units by year structure built**

Built 2010 - 2019 25
Built 2000 - 2009 22
Built 1980 - 1989 2
Built 1970 - 1979 51
Built 1960 - 1969 28
Built 1950 - 1959 41
Built 1940 - 1949 25
Built 1939 or earlier 77

The highest share of Wyoming, Delaware apartment rentals, namely 28% or 77 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (19%, 51 units), and the ones Built 1950 - 1959 (15%, 41 units).

Wyoming, Delaware Renter-occupied units by year householder moved in**

Moved in 2021 or later 9
Moved in 2018 to 2020 95
Moved in 2010 to 2017 155
Moved in 1990 to 1999 11

Median year renter moved into unit 2016

Most Wyoming, Delaware renters (57%) moved in 2010 to 2017, while only 3% of them moved in 2021 or later. Overall, the median year renters have occupied their Wyoming, Delaware condos for rent is 2016.

Wyoming, Delaware Renter-occupied housing units by vehicles available**

No vehicle available 17
1 vehicle available 98
2 vehicles available 119
3 vehicles available 33
4 or more vehicles available 4

When it comes to transportation options, 44% of Wyoming, Delaware renters have 2 vehicles available per household, 36% of them have 1 vehicle available, and 12% have 3 vehicles available.

Wyoming, Delaware Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 232
Worked at home 9

Wyoming, Delaware Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 560
Moved within same county 15
Moved from different county within same state 11
Moved from different state 14

Wyoming, Delaware Average apartment rent by zip codes


The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Wyoming, Delaware apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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