Delaware, Ohio 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 Delaware, Ohio rental market.

Delaware, Ohio

Average Apartment Rent

$1,436

Y-o-Y Change in Average
Apartment Rent

-0.3%

As of May 2026

Compared to a year ago, Delaware, Ohio apartments have recorded a -0.3% rent decrease.

Delaware, Ohio Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Delaware $1,374 $1,370 $1,390 $1,411 $1,444 $1,442 $1,436 $1,422 $1,419
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Delaware
National
Jul 2023
$1,374
$1,741
Nov 2023
$1,370
$1,732
Mar 2024
$1,390
$1,736
Jul 2024
$1,411
$1,756
Nov 2024
$1,444
$1,749
Mar 2025
$1,442
$1,755
Jul 2025
$1,436
$1,767
Nov 2025
$1,422
$1,753
Mar 2026
$1,419
$1,750

Delaware, Ohio Average Apartment Rent

Delaware, Ohio Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 61.45%, apartments priced $1,000 - $1,500 represent the bulk of Delaware, Ohio rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.27%.

Delaware, Ohio Housing tenure**

Renter occupied housing units 6,016
Owner occupied housing units 10,010

Renters take up 38% of Delaware, Ohio real estate, occupying a total of 6,016 units, while homeowners live in 10,010 properties.

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

4.2

Renter median household income**

$52,583

Average household size of renter-occupied housing units**

2.09

Rental vacancy rate**

2.2%

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

No bedrooms 307
1 bed 1,072
2 beds 3,076
3 beds 1,198
4 beds 315
5 or more beds 48

There are 3,076 rentals in Delaware, Ohio with 2 beds making up the highest share of the market, at 51%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 48 units. Overall, the median number of rooms in Delaware, Ohio homes for rent is 4.2.

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

15 - 24 years 653
25 - 34 years 1,408
35 - 44 years 949
45 - 54 years 1,041
55 - 59 years 360
60 - 64 years 503
65 - 74 years 551
75 - 84 years 343
85 years and over 208

Most condos for rent in Delaware, Ohio are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 45 - 54 years age group (17%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

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

Family households 3,114
Non-Family Households 2,902

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

With related children of the householder under 18 1,567
No related children of the householder under 18 4,449

A total of 3,114 apartments for rent in Delaware, Ohio, or 52% of all rentals are family households. Additionally, 26% of rental homes include children under the age of 18 – that’s 1,567 units. All in all, the median size of a renter-occupied household in Delaware, Ohio is 2.09.

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

Less than high school graduate 328
High school graduate (including equivalency) 1,796
Some college or associate's degree 2,069
Bachelor's degree or higher 1,823

In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Delaware, Ohio.

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

Built 2020 or later 157
Built 2010 - 2019 793
Built 2000 - 2009 867
Built 1990 - 1999 1,035
Built 1980 - 1989 620
Built 1970 - 1979 913
Built 1960 - 1969 440
Built 1950 - 1959 154
Built 1940 - 1949 63
Built 1939 or earlier 974

The highest share of Delaware, Ohio apartment rentals, namely 17% or 1,035 units, were Built 1990 - 1999, followed by those Built 1939 or earlier (16%, 974 units), and the ones Built 1970 - 1979 (15%, 913 units).

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

Moved in 2021 or later 568
Moved in 2018 to 2020 2,308
Moved in 2010 to 2017 2,497
Moved in 2000 to 2009 522
Moved in 1990 to 1999 61
Moved in 1989 or earlier 60

Median year renter moved into unit 2018

Most Delaware, Ohio renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Delaware, Ohio condos for rent is 2018.

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

No vehicle available 479
1 vehicle available 2,951
2 vehicles available 2,075
3 vehicles available 311
4 vehicles available 82
5 or more vehicles available 118

When it comes to transportation options, 49% of Delaware, Ohio renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 8% have No vehicle available.

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

Car, truck, or van - drove alone 5,449
Car, truck, or van - carpooled 714
Walked 256
Worked at home 731

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

Same house as 1 year ago 8,935
Moved within same county 1,432
Moved from different county within same state 1,460
Moved from different state 380
Moved from abroad 138

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 Delaware, Ohio 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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