salaryRent is higher than in 62% of U.S. cities. A typical house costs about 3.1 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $75,240 a year. That is $36 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 13 of 20 cities from cheapest to most expensive.
How much do households earn in Pike Creek Valley?
Share of households by yearly income. 36.8% of households earn $100,000 or more.
Rent by apartment size in Pike Creek Valley
| Size | Pike Creek Valley | U.S. average |
|---|---|---|
| 1 bedroom | $1,526 | $1,324 |
| 2 bedrooms | $1,779 | $1,509 |
| 3 bedrooms | $2,255 | $1,698 |
| 4 bedrooms | $2,444 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Pike Creek Valley overall?
Everyday prices in Delaware overall are same as the U.S. average (index 99.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Pike Creek Valley, so the Delaware figure is shown.
Taxes and bills in Pike Creek Valley
Life in Pike Creek Valley
Is it cheaper to rent or buy in Pike Creek Valley?
Renting is cheaper right now: about $480 a month less.
Owning assumes a typical $340,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,030 for the down payment.
Frequently asked questions
What is the average rent in Pike Creek Valley, DE?
Renting in Pike Creek Valley costs a median of about $1,881 a month in 2026, including utilities. The Delaware median is $1,693.
How much do I need to make to live in Pike Creek Valley?
To keep rent under 30% of income, you need about $75,240 a year, or $36 an hour at a full-time job.
Is Pike Creek Valley cheap or expensive?
Pike Creek Valley is rated OK: rent takes 20.4% of the typical household income of $110,475. It ranks 13th cheapest of 20 Delaware cities we track.
How much are property taxes in Pike Creek Valley?
The median homeowner in Pike Creek Valley pays $2,778 a year in property taxes, about 0.82% of the median home value.
Is Pike Creek Valley 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 Pike Creek Valley?
The median home value in Pike Creek Valley is $340,300, about 3.1 times the typical yearly household income.
12,431 people live in Pike Creek Valley. Numbers are typical (middle) values.