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Rental Market Trends in Elsmere, DE

What is the average rent in Elsmere, DE?

$1,293/month

Average Rent

717 Sq Ft

Average Apartment Size

-0.2%

Decrease in the Last Year

Elsmere, DE Rental Market Overview

The average rent in Elsmere, DE is $1,293 per month. This is 21% lower than the national average rent of $1,645/month, making renting in Elsmere more affordable than most cities in the US.

  • Studio apartments in Elsmere average per month.
  • One-bedroom apartments in Elsmere average $1,293 per month.
  • Two-bedroom apartments in Elsmere average $1,561 per month.
  • Three-bedroom apartments in Elsmere average or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,293/month
717 Sq Ft
Two Bedroom
$1,561/month
935 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 Elsmere, DE?

In the past year, rent has decreased by 0.2%, which averages out to $3 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Elsmere, DE
Last Updated June 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Elsmere, DE
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Elsmere, DE?

Because the average rent in Elsmere is $1,293, you’ll want to make about $4,310 per month or $51,720 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.

City

Elsmere, DE

12 Available Apartments for Rent

Search for Nearby Apartments

How does Elsmere, DE compare to other nearby cities and neighborhoods?

Use the tool below to compare Elsmere, DE 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.

Apartment Averages

Nearby City Rent Trends

  • Newport Average Rent
  • Wilmington Average Rent
  • New Castle Average Rent

Apartment communities in Elsmere we think you'll love

Manchester Arms Apartments

Manchester Arms Apartments

2700 Boulevard Rd,
Elsmere, DE 19805

$1,260 - $1,550

1-2 Beds

510 Kirkwood Hwy

510 Kirkwood Hwy

510 Kirkwood Hwy,
Wilmington, DE 19805

$1,600 Total Monthly Price

Studio | 1 Month Lease

201 New Rd

201 New Rd

201 New Rd,
Wilmington, DE 19805

$1,350

2 Beds

Rowhaus

Rowhaus

308 Justison St,
Wilmington, DE 19801

$1,925 - $3,600

Studio - 2 Beds

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United States Delaware Elsmere Rental Trends

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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity