States › Delaware › Edgemoor

Is Edgemoor, DE expensive to live in?

OKRent takes 26 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,40320% lower than U.S. average
💵 Families earn per year (2026)$64,089about $5,341/month · 26% lower than U.S. average
🔑 House price$290,40013% lower than U.S. average

Rent is lower than in 63% of U.S. cities. A typical house costs about 4.5 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $56,120 a year. That is $27 an hour at a full-time job.

Is rent cheaper than other Delaware cities?

Yes. Rent here is cheaper than in most of Delaware. It is number 3 of 20 cities from cheapest to most expensive.

Edgemoor
$1,403
Elsmere
$1,221
Pike Creek
$2,380
New Castle
$2,122
Millsboro
$2,093
Georgetown
$1,484
Wilmington Manor
$1,541

How much do households earn in Edgemoor?

Under $25k
15.5%
$25k–50k
30.4%
$50k–100k
29.1%
$100k–150k
12.0%
$150k+
7.6%

Share of households by yearly income. 19.6% of households earn $100,000 or more.

Rent by apartment size in Edgemoor

SizeEdgemoorU.S. average
1 bedroom$1,365$1,324
2 bedrooms$1,664$1,509
3 bedrooms$1,896$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Edgemoor overall?

Everyday prices in Delaware overall are same as the U.S. average (index 99.8, U.S. = 100).

Housing
102
Goods (food, clothes…)
96
Utilities
104
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Edgemoor, so the Delaware figure is shown.

Taxes and bills in Edgemoor

🏛️ Property tax$1,655a year · 0.57% of home value · U.S. $3,119
⚡ Electric bill$137a month (typical) · U.S. $156

Life in Edgemoor

Commute to work26.3 minU.S.: 26.4 min
College degree37.9%U.S.: 35.7%
Own their home59.3%U.S.: 65.2%
Below poverty line17.5%U.S.: 12.5%
Unemployment4.5%U.S.: 5.2%

Is it cheaper to rent or buy in Edgemoor?

Renting is cheaper right now: about $612 a month less.

Renting
$1,403
Owning
$2,015

Owning assumes a typical $290,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $29,040 for the down payment.

Frequently asked questions

What is the average rent in Edgemoor, DE?

Renting in Edgemoor costs a median of about $1,403 a month in 2026, including utilities. The Delaware median is $1,693.

How much do I need to make to live in Edgemoor?

To keep rent under 30% of income, you need about $56,120 a year, or $27 an hour at a full-time job.

Is Edgemoor cheap or expensive?

Edgemoor is rated OK: rent takes 26.3% of the typical household income of $64,089. It ranks 3rd cheapest of 20 Delaware cities we track.

How much are property taxes in Edgemoor?

The median homeowner in Edgemoor pays $1,655 a year in property taxes, about 0.57% of the median home value.

Is Edgemoor more expensive than the national average?

Overall prices in Delaware are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Edgemoor?

The median home value in Edgemoor is $290,400, about 4.5 times the typical yearly household income.

6,349 people live in Edgemoor. Numbers are typical (middle) values.