Department of Numbers

Sussex County Delaware Residential Rent and Rental Statistics

The median monthly gross residential rent in Sussex County DE was $978 in 2017 according to the Census ACS survey.1 Average gross rent in Sussex County was $917 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Sussex County median and average rent data will be released in September of 2019.

Data is also available below for Sussex County rental vacancy rates, Sussex County rent as a percent of median income and the fraction of renters in Sussex County.

Show dollars as: Nominal Real

Real Gross Rent in Sussex County Delaware (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Delaware Median Gross Rent $1,086 +2.07% +3.63%
Sussex County DE Median Gross Rent $978 +2.62% -5.78%

Sussex County DE Real Gross Rent Trends

Median gross rent for Sussex County peaked in real terms in 2014 at $1,038 and is now $60 (5.78%) lower. Average gross rent for Sussex County peaked in real terms in 2014 at $986 and is now $69 (7.00%) lower.

Real Gross Rent: Sussex County DE Median, Sussex County DE Average, Delaware Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Sussex County

Date US
Median
Delaware
Median
Sussex County DE
Median
Sussex County DE
Average
2017 $1,012 $1,086 $978 $917
2016 $996 $1,064 $953 $854
2015 $987 $1,079 $1,010 $885
2014 $956 $1,048 $1,038 $986
2013 $924 $1,020 $967 $817
2012 $912 $990 $916 $848
2011 $912 $1,006 $988 $944
2010 $927 $1,032 $975 $878
2009 $931 $1,049 $1,036 $948
2008 $947 $1,053 $979 $879
2007 $899 $1,037 $927 $776
2006 $909 $988 $940 $857

Sussex County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Sussex County Delaware was 4.56% according to Census ACS data.

Rental Vacancy Rate in Sussex County Delaware

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Delaware 7.46% -0.57% +0.31%
Sussex County DE 4.56% -1.35% -1.75%

Trends in Sussex County DE Rental Vacancy Rate

The rental vacancy rate in Sussex County peaked in 2013 at 11.62%. Since then it has fallen by 7.06% to 4.56%. Data records for this series originated in 2005.

Rental Vacancy Rate: Sussex County DE, Delaware, US

Rental vacancy rate in Delaware

Historical Rental Vacancy Rate data for Sussex County

Date US Delaware Sussex County DE
2017 6.18% 7.46% 4.56%
2016 5.89% 8.03% 5.91%
2015 5.85% 7.12% 6.95%
2014 6.32% 7.15% 6.31%
2013 6.49% 9.35% 11.62%
2012 6.77% 7.90% 8.87%
2011 7.40% 8.59% 5.89%
2010 8.17% 13.41% 11.52%
2009 8.43% 12.42% 10.50%
2008 7.86% 9.60% 5.48%
2007 7.87% 9.42% 7.54%
2006 7.70% 10.01% 8.41%

Rent as a Fraction of Income

Using median household income data for Sussex County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Sussex County, median monthly gross rent as a fraction of median household income was 18.93% in 2017 according to the ACS.

Sussex County Delaware Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Delaware 20.73% +0.37% +0.16%
Sussex County DE 18.93% -0.56% -3.19%

Trends in Sussex County DE Rent as a Fraction of Income

The fraction of median Sussex County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 22.45%. Since then it has fallen by 3.51% to 18.93%.

Fraction of Income towards Rent: Sussex County DE, Delaware, US

Percent of median household income going towards median monthly gross rent in Sussex County Delaware

Historical Data for Annual Rent as a Fraction of Income in Sussex County Delaware

Date US Delaware Sussex County DE
2017 20.13% 20.73% 18.93%
2016 20.43% 20.36% 19.50%
2015 20.63% 20.55% 21.40%
2014 20.89% 20.58% 22.12%
2013 20.78% 20.72% 22.45%
2012 20.65% 19.72% 21.54%
2011 20.70% 19.59% 21.09%
2010 20.50% 20.46% 22.04%
2009 20.12% 20.03% 22.16%
2008 19.00% 18.98% 21.56%
2007 18.66% 20.00% 19.16%
2006 18.90% 18.85% 20.64%

Renter Fraction in Sussex County Delaware

You can calculate the renter fraction in Sussex County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Sussex County as a fraction of total Sussex County households. In 2017 18.05% of households were renters according to Census ACS data.

Sussex County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Delaware 29.05% -1.16% -0.67%
Sussex County DE 18.05% -2.84% -4.54%

Trends in the Sussex County DE Renter Fraction

The Sussex County household renter fraction peaked in in 2008 at 23.41% and is now 5.36% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Sussex County DE, Delaware, US

Fraction of renters in Sussex County

History of Sussex County Renter Fraction

Date US Delaware Sussex County DE
2017 36.13% 29.05% 18.05%
2016 36.88% 30.21% 20.89%
2015 36.97% 29.19% 21.34%
2014 36.90% 29.72% 22.59%
2013 36.50% 28.32% 22.39%
2012 36.09% 29.17% 23.00%
2011 35.42% 28.40% 19.98%
2010 34.65% 27.03% 19.89%
2009 34.13% 26.38% 19.06%
2008 33.36% 26.51% 23.41%
2007 32.80% 27.50% 23.14%
2006 32.73% 25.59% 19.04%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.