Delaware (DE)

STATESAFMR

Found 84 ZIPs

State Median Investment Score

106Above average

095130300

BR	Rent	3Y CAGR
0 BR	$1,140 - $1,760Median: $1,286	5.0%
1 BR	$1,147 - $1,900Median: $1,335	4.7%
2 BR	$1,498 - $2,270Median: $1,629	4.6%
3 BR	$1,843 - $2,720Median: $2,160	3.6%
4 BR	$2,060 - $3,130Median: $2,380	2.6%

Market Alignment

Studio

Studio- 14 ZIPs

0.51-0.64ratio range

Median FMR$1,140

Median Market$2,060

vs market-$920

FMR is below market; voucher rent may lag private rents.

Studio- 4 ZIPs

0.65-0.67ratio range

Median FMR$1,320

Median Market$1,995

vs market-$675

FMR is below market; voucher rent may lag private rents.

Studio- 17 ZIPs

0.70-0.73ratio range

Median FMR$1,400

Median Market$2,000

vs market-$600

FMR is below market; voucher rent may lag private rents.

Studio- 9 ZIPs

0.74-0.77ratio range

Median FMR$1,286

Median Market$1,700

vs market-$414

FMR is below market; voucher rent may lag private rents.

Studio- 4 ZIPs

0.77-0.80ratio range

Median FMR$1,286

Median Market$1,620

vs market-$334

FMR is below market; voucher rent may lag private rents.

Studio- 1 ZIP

0.83ratio

FMR$1,210

Market$1,450

vs market-$240

FMR is below market; voucher rent may lag private rents.

Studio- 3 ZIPs

0.88-0.89ratio range

Median FMR$1,286

Median Market$1,460

vs market-$174

FMR is below market; voucher rent may lag private rents.

Studio- 6 ZIPs

0.91-0.93ratio range

Median FMR$1,286

Median Market$1,405

vs market-$119

FMR is near market; voucher and private rents are aligned.

Studio- 8 ZIPs

0.94-0.97ratio range

Median FMR$1,475

Median Market$1,515

vs market-$40

FMR is near market; voucher and private rents are aligned.

Studio- 4 ZIPs

0.99-1.02ratio range

Median FMR$1,380

Median Market$1,375

vs market+$5

FMR is near market; voucher and private rents are aligned.

Studio- 2 ZIPs

1.04-1.05ratio range

Median FMR$1,355

Median Market$1,300

vs market+$55

FMR is near market; voucher and private rents are aligned.

Studio- 2 ZIPs

1.14-1.15ratio range

Median FMR$1,390

Median Market$1,215

vs market+$175

FMR is above market; underwrite to market rent.

Studio- 2 ZIPs

1.16-1.17ratio range

Median FMR$1,400

Median Market$1,205

vs market+$195

FMR is above market; underwrite to market rent.

Studio- 1 ZIP

1.23ratio

FMR$1,680

Market$1,370

vs market+$310

FMR is above market; underwrite to market rent.

Studio- 1 ZIP

1.30ratio

FMR$1,390

Market$1,070

vs market+$320

FMR is above market; underwrite to market rent.

Studio- 2 ZIPs

1.38-1.40ratio range

Median FMR$1,730

Median Market$1,245

vs market+$485

FMR is above market; underwrite to market rent.

0.51-1.40

1 BR

1 BR- 11 ZIPs

0.55-0.63ratio range

Median FMR$1,147

Median Market$1,930

vs market-$783

FMR is below market; voucher rent may lag private rents.

1 BR- 3 ZIPs

0.64-0.68ratio range

Median FMR$1,147

Median Market$1,760

vs market-$613

FMR is below market; voucher rent may lag private rents.

1 BR- 2 ZIPs

0.71ratio range

Median FMR$1,294

Median Market$1,810

vs market-$516

FMR is below market; voucher rent may lag private rents.

1 BR- 8 ZIPs

0.76-0.77ratio range

Median FMR$1,520

Median Market$2,000

vs market-$480

FMR is below market; voucher rent may lag private rents.

1 BR- 16 ZIPs

0.78-0.81ratio range

Median FMR$1,490

Median Market$1,900

vs market-$410

FMR is below market; voucher rent may lag private rents.

1 BR- 2 ZIPs

0.84-0.86ratio range

Median FMR$1,294

Median Market$1,525

vs market-$231

FMR is below market; voucher rent may lag private rents.

1 BR- 4 ZIPs

0.86-0.89ratio range

Median FMR$1,382

Median Market$1,600

vs market-$218

FMR is below market; voucher rent may lag private rents.

1 BR- 5 ZIPs

0.91-0.93ratio range

Median FMR$1,294

Median Market$1,400

vs market-$106

FMR is near market; voucher and private rents are aligned.

1 BR- 5 ZIPs

0.94-0.98ratio range

Median FMR$1,370

Median Market$1,440

vs market-$70

FMR is near market; voucher and private rents are aligned.

1 BR- 7 ZIPs

0.99-1.02ratio range

Median FMR$1,420

Median Market$1,420

vs market+$0

FMR is near market; voucher and private rents are aligned.

1 BR- 8 ZIPs

1.02-1.05ratio range

Median FMR$1,520

Median Market$1,480

vs market+$40

FMR is near market; voucher and private rents are aligned.

1 BR- 2 ZIPs

1.06-1.09ratio range

Median FMR$1,435

Median Market$1,335

vs market+$100

FMR is near market; voucher and private rents are aligned.

1 BR- 2 ZIPs

1.13ratio range

Median FMR$1,595

Median Market$1,415

vs market+$180

FMR is above market; underwrite to market rent.

1 BR- 1 ZIP

1.20ratio

FMR$1,420

Market$1,180

vs market+$240

FMR is above market; underwrite to market rent.

1 BR- 1 ZIP

1.28ratio

FMR$1,900

Market$1,490

vs market+$410

FMR is above market; underwrite to market rent.

1 BR- 2 ZIPs

1.31ratio range

Median FMR$1,850

Median Market$1,415

vs market+$435

FMR is above market; underwrite to market rent.

1 BR- 1 ZIP

1.42ratio

FMR$1,860

Market$1,310

vs market+$550

FMR is above market; underwrite to market rent.

0.55-1.42

2 BR

2 BR- 1 ZIP

0.68ratio

FMR$1,498

Market$2,190

vs market-$692

FMR is below market; voucher rent may lag private rents.

2 BR- 3 ZIPs

0.69-0.72ratio range

Median FMR$1,498

Median Market$2,100

vs market-$602

FMR is below market; voucher rent may lag private rents.

2 BR- 11 ZIPs

0.73-0.77ratio range

Median FMR$1,498

Median Market$2,010

vs market-$512

FMR is below market; voucher rent may lag private rents.

2 BR- 7 ZIPs

0.79-0.81ratio range

Median FMR$1,498

Median Market$1,900

vs market-$402

FMR is below market; voucher rent may lag private rents.

2 BR- 17 ZIPs

0.83-0.86ratio range

Median FMR$1,810

Median Market$2,170

vs market-$360

FMR is below market; voucher rent may lag private rents.

2 BR- 8 ZIPs

0.86-0.88ratio range

Median FMR$1,660

Median Market$1,905

vs market-$246

FMR is below market; voucher rent may lag private rents.

2 BR- 11 ZIPs

0.90-0.94ratio range

Median FMR$1,810

Median Market$1,950

vs market-$140

FMR is near market; voucher and private rents are aligned.

2 BR- 9 ZIPs

0.94-0.98ratio range

Median FMR$1,629

Median Market$1,730

vs market-$101

FMR is near market; voucher and private rents are aligned.

2 BR- 3 ZIPs

0.99-1.02ratio range

Median FMR$1,629

Median Market$1,650

vs market-$21

FMR is near market; voucher and private rents are aligned.

2 BR- 3 ZIPs

1.03-1.05ratio range

Median FMR$1,770

Median Market$1,680

vs market+$90

FMR is near market; voucher and private rents are aligned.

2 BR- 4 ZIPs

1.06-1.10ratio range

Median FMR$2,125

Median Market$1,950

vs market+$175

FMR is near market; voucher and private rents are aligned.

2 BR- 3 ZIPs

1.15-1.19ratio range

Median FMR$2,170

Median Market$1,820

vs market+$350

FMR is above market; underwrite to market rent.

0.68-1.19

3 BR

3 BR- 7 ZIPs

0.75-0.77ratio range

Median FMR$1,843

Median Market$2,440

vs market-$597

FMR is below market; voucher rent may lag private rents.

3 BR- 9 ZIPs

0.77-0.81ratio range

Median FMR$1,843

Median Market$2,370

vs market-$527

FMR is below market; voucher rent may lag private rents.

3 BR- 9 ZIPs

0.81-0.85ratio range

Median FMR$2,000

Median Market$2,440

vs market-$440

FMR is below market; voucher rent may lag private rents.

3 BR- 16 ZIPs

0.86-0.89ratio range

Median FMR$2,216

Median Market$2,510

vs market-$294

FMR is below market; voucher rent may lag private rents.

3 BR- 6 ZIPs

0.90-0.94ratio range

Median FMR$2,150

Median Market$2,325

vs market-$175

FMR is near market; voucher and private rents are aligned.

3 BR- 6 ZIPs

0.96-0.98ratio range

Median FMR$2,390

Median Market$2,475

vs market-$85

FMR is near market; voucher and private rents are aligned.

3 BR- 4 ZIPs

0.99-1.02ratio range

Median FMR$2,244

Median Market$2,250

vs market-$6

FMR is near market; voucher and private rents are aligned.

3 BR- 8 ZIPs

1.02-1.05ratio range

Median FMR$2,244

Median Market$2,155

vs market+$89

FMR is near market; voucher and private rents are aligned.

3 BR- 6 ZIPs

1.06-1.10ratio range

Median FMR$2,244

Median Market$2,090

vs market+$154

FMR is near market; voucher and private rents are aligned.

3 BR- 5 ZIPs

1.11-1.14ratio range

Median FMR$2,244

Median Market$2,010

vs market+$234

FMR is above market; underwrite to market rent.

3 BR- 3 ZIPs

1.15-1.17ratio range

Median FMR$2,244

Median Market$1,920

vs market+$324

FMR is above market; underwrite to market rent.

3 BR- 1 ZIP

1.36ratio

FMR$2,720

Market$2,000

vs market+$720

FMR is above market; underwrite to market rent.

0.75-1.36

4 BR

4 BR- 3 ZIPs

0.69-0.71ratio range

Median FMR$2,222

Median Market$3,200

vs market-$978

FMR is below market; voucher rent may lag private rents.

4 BR- 4 ZIPs

0.73-0.75ratio range

Median FMR$2,240

Median Market$3,015

vs market-$775

FMR is below market; voucher rent may lag private rents.

4 BR- 11 ZIPs

0.77-0.81ratio range

Median FMR$2,222

Median Market$2,850

vs market-$628

FMR is below market; voucher rent may lag private rents.

4 BR- 3 ZIPs

0.82-0.85ratio range

Median FMR$2,222

Median Market$2,660

vs market-$438

FMR is below market; voucher rent may lag private rents.

4 BR- 9 ZIPs

0.86-0.89ratio range

Median FMR$2,222

Median Market$2,570

vs market-$348

FMR is below market; voucher rent may lag private rents.

4 BR- 20 ZIPs

0.90-0.93ratio range

Median FMR$2,445

Median Market$2,630

vs market-$185

FMR is near market; voucher and private rents are aligned.

4 BR- 6 ZIPs

0.95-0.98ratio range

Median FMR$2,545

Median Market$2,645

vs market-$100

FMR is near market; voucher and private rents are aligned.

4 BR- 5 ZIPs

0.99-1.02ratio range

Median FMR$2,590

Median Market$2,620

vs market-$30

FMR is near market; voucher and private rents are aligned.

4 BR- 9 ZIPs

1.02-1.05ratio range

Median FMR$2,590

Median Market$2,480

vs market+$110

FMR is near market; voucher and private rents are aligned.

4 BR- 5 ZIPs

1.07-1.09ratio range

Median FMR$2,370

Median Market$2,220

vs market+$150

FMR is near market; voucher and private rents are aligned.

4 BR- 2 ZIPs

1.14-1.15ratio range

Median FMR$2,406

Median Market$2,105

vs market+$301

FMR is above market; underwrite to market rent.

4 BR- 3 ZIPs

1.26-1.28ratio range

Median FMR$2,590

Median Market$2,040

vs market+$550

FMR is above market; underwrite to market rent.

0.69-1.28

0.700.800.901.001.101.201.30aligned range

Bedroom curve

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HUD rent changes, rent against home values, and where it cash-flows.

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Delaware fair market rent by county, FY 2027

HUD's FY 2027 fair market rents cover 3 counties in Delaware. The median county two-bedroom FMR is $1,629. That is up 10.8% from $1,470 in FY 2026. Two-bedroom FMRs run from $1,498 in Sussex County to $1,860 in New Castle County. 2 HUD metropolitan FMR areas cover 2 of those counties; each county in the same metro area shares one FMR. 44 ZIP codes in 2 metro areas must use Small Area FMRs, so voucher payment standards there are set by ZIP code.

Two-bedroom FMR by county

FY 2027 two-bedroom fair market rent by county in Delaware
County	2BR	Change	HUD FMR area
New Castle County	$1,860	+2.8%	Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA
Kent County	$1,629	+10.8%	Dover, DE MSA
Sussex County	$1,498	+7.1%	Non-metro

HUD metro FMR areas

FY 2027 two-bedroom fair market rent by HUD metro area in Delaware
Metro area	Counties	2BR
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA	1	$1,860
Dover, DE MSA	1	$1,629

Questions about Delaware rents

What is the fair market rent in Delaware?

HUD sets fair market rents by metro area and county, not statewide. For FY 2027 the median county two-bedroom FMR in Delaware is $1,629. Look up the county or ZIP code to see the value that applies to a specific property.

Which Delaware counties have the highest fair market rent?

For FY 2027, the highest two-bedroom FMRs are in New Castle County ($1,860), Kent County ($1,629), Sussex County ($1,498).

Does Delaware use Small Area Fair Market Rents?

Yes, in part. HUD requires Small Area FMRs in 44 ZIP codes across the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA and Dover, DE MSA. Elsewhere, housing authorities use the metro or county FMR unless they choose to adopt Small Area FMRs.

Source: HUD FY 2027 Fair Market Rents. Change compares each county's two-bedroom FMR with FY 2026.

Delaware counties Delaware cities Delaware ZIP codes What is FMR?

Data source: U.S. Department of Housing and Urban Development (HUD)

Fiscal Year 2027