States › Delaware › Millsboro

Is Millsboro, DE expensive to live in?

OKRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,09319% higher than U.S. average
💵 Families earn per year (2026)$84,885about $7,074/month · 3% lower than U.S. average
🔑 House price$332,600same as U.S. average

Rent is higher than in 73% of U.S. cities. A typical house costs about 3.9 years of household income. Commutes are long, about 33 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $83,720 a year. That is $40 an hour at a full-time job.

Is rent cheaper than other Delaware cities?

No. Rent here is more expensive than in most of Delaware. It is number 15 of 20 cities from cheapest to most expensive.

Millsboro
$2,093
$1,691
$1,403
$2,720

How much do households earn in Millsboro?

Under $25k
9.8%
$25k–50k
25.3%
$50k–100k
45.4%
$100k–150k
11.5%
$150k+
6.3%

Share of households by yearly income. 17.7% of households earn $100,000 or more.

Rent by apartment size in Millsboro

SizeMillsboroU.S. average
2 bedrooms$1,156$1,509
3 bedrooms$1,738$1,698

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

How expensive is Millsboro 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 Millsboro, so the Delaware figure is shown.

Taxes and bills in Millsboro

🏛️ Property tax$1,481a year · 0.45% of home value · U.S. $3,119
⚡ Electric bill$135a month (typical) · U.S. $156

Life in Millsboro

Commute to work33 minU.S.: 26.4 min
College degree34.2%U.S.: 35.7%
Own their home67.8%U.S.: 65.2%
Below poverty line8.3%U.S.: 12.5%
Unemployment2.9%U.S.: 5.2%

Is it cheaper to rent or buy in Millsboro?

Renting is cheaper right now: about $215 a month less.

Renting
$2,093
Owning
$2,308

Owning assumes a typical $332,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,260 for the down payment.

Frequently asked questions

What is the average rent in Millsboro, DE?

Renting in Millsboro costs a median of about $2,093 a month in 2026, including utilities. The Delaware median is $1,693.

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

To keep rent under 30% of income, you need about $83,720 a year, or $40 an hour at a full-time job.

Is Millsboro cheap or expensive?

Millsboro is rated OK: rent takes 29.6% of the typical household income of $84,885. It ranks 15th cheapest of 20 Delaware cities we track.

How much are property taxes in Millsboro?

The median homeowner in Millsboro pays $1,481 a year in property taxes, about 0.45% of the median home value.

Is Millsboro 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 Millsboro?

The median home value in Millsboro is $332,600, about 3.9 times the typical yearly household income.

7,424 people live in Millsboro. Numbers are typical (middle) values.