Elsmere, DE Rental Market Trends
Last updated: October 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Elsmere is $1,371, a 1.34% decrease compared to the previous year, when the average rent was $1,390.
One-bedroom apartments provide 558 square feet for $1,213, balancing privacy and affordability.
Two-beedroom units at $1,443 offer 879 square feet, perfect for roommates or small families.
Average rent in Elsmere, DE
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,371 | 779 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,213 | 558 sq. ft. |
| 2 Beds | $1,443 | 879 sq. ft. |
| 3 Beds | n/a | n/a |
Elsmere, DE rent trends
Rental prices in Elsmere, DE have decreased by 1.34% over the past year. The average rent moved from $1,390 to $1,371.
What's the typical rent budget in Elsmere, DE?
The largest share of rentals in Elsmere, DE (80%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Elsmere, DE?
785 or 35% of the households in Elsmere, DE are renter-occupied while 1,489 or 65% are owner-occupied.
How Elsmere Compares to Other Cities
| City | Average Rent |
|---|---|
| Elsmere | $1,371 |
| Wilmington | $1,682 |
| New Castle | $1,560 |
| Newark | $1,705 |
| Bear | $1,924 |
| Middletown | $1,905 |
| Dover | $1,591 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Elsmere apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.