Troy Farms
124 Lippazon Way,
Delaware, OH 43015
$1,249 - $1,850
1-2 Beds
Rental Market Trends in Delaware, OH
What is the average rent in Delaware, OH?
$1,172/month
Average Rent
717 Sq Ft
Average Apartment Size
+0.7%
Increase in the Last Year
As of March 2026, the average rent in Delaware, OH is $1,172 per month. This is 28% lower than the national average rent of $1,627/month, making renting in Delaware more affordable than most cities in the US. When you rent an apartment in Delaware, you can expect to pay about $969 per month for a studio, $1,172 for a one-bedroom apartment, and around $1,588 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,587 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Delaware, OH?
In the past year, rent has increased by 0.7%, which averages out to $9 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025
2026
Rent Ranges in Delaware, OH
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
3%
Below $700/month
23%
$700 - $1,000/month
49%
$1,001 - $1,500/month
23%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Delaware?
Based on current rent prices, Heatherton, Adalee Park and Nottingham are the most affordable neighborhoods in Delaware.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Delaware?
Based on current rent prices, Nottingham, Heatherton and Adalee Park are the most expensive neighborhoods in Delaware.
Neighborhood
Average Rent
Average Sq Ft
Which Delaware neighborhoods have the most rentals available?
The neighborhoods in Delaware with the most apartments available are Heatherton, Adalee Park and Nottingham .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Delaware, OH?
Because the average rent in Delaware is $1,172, you’ll want to make about $3,906 per month or $46,872 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Delaware, OH compare to other nearby cities and neighborhoods?
Use the tool below to compare Delaware, OH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
Apartment communities in Delaware we think you'll love
Property Management Companies in Delaware, OH
T & R Properties
-
24
Communities
-
4,179
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-
17
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3 Communities in Delaware
Redwood Living
-
143
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18,965
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116
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VennPoint Real Estate LLC
-
10
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1,619
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9
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Cushman & Wakefield
-
459
Communities
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108,772
Units
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229
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1 Community in Delaware
Harbor Group Management
-
184
Communities
-
52,881
Units
-
134
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1 Community in Delaware
Elon Property Management
-
76
Communities
-
11,191
Units
-
44
Cities
1 Community in Delaware
Dietz Property Group
-
38
Communities
-
7,484
Units
-
23
Cities
1 Community in Delaware
RHM Management
-
26
Communities
-
4,126
Units
-
16
Cities
1 Community in Delaware
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
* Percentages may not total 100 due to rounding.