Department of Numbers

Delaware County Pennsylvania Residential Rent and Rental Statistics

The median monthly gross residential rent in Delaware County PA was $1,038 in 2017 according to the Census ACS survey.1 Average gross rent in Delaware County was $1,084 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 Delaware County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

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

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Pennsylvania Median Gross Rent $893 -0.22% +2.88%
Delaware County PA Median Gross Rent $1,038 -0.48% +4.64%

Delaware County PA Real Gross Rent Trends

Median gross rent for Delaware County peaked in real terms in 2016 at $1,043 and is now $5 (0.48%) lower. Average gross rent for Delaware County peaked in real terms in 2016 at $1,119 and is now $35 (3.13%) lower.

Real Gross Rent: Delaware County PA Median, Delaware County PA Average, Pennsylvania Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Delaware County

Date US
Median
Pennsylvania
Median
Delaware County PA
Median
Delaware County PA
Average
2017 $1,012 $893 $1,038 $1,084
2016 $996 $895 $1,043 $1,119
2015 $987 $893 $1,030 $1,100
2014 $956 $868 $992 $1,062
2013 $924 $846 $994 $1,054
2012 $912 $823 $960 $1,019
2011 $912 $823 $991 $1,059
2010 $927 $827 $1,008 $1,038
2009 $931 $816 $992 $1,053
2008 $947 $834 $1,023 $1,112
2007 $899 $781 $981 $976
2006 $909 $791 $967 $1,005

Delaware 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 Delaware County Pennsylvania was 5.61% according to Census ACS data.

Rental Vacancy Rate in Delaware County Pennsylvania

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Pennsylvania 5.84% +0.07% -0.56%
Delaware County PA 5.61% -1.27% -0.69%

Trends in Delaware County PA Rental Vacancy Rate

The rental vacancy rate in Delaware County peaked in 2009 at 11.59%. Since then it has fallen by 5.98% to 5.61%. Data records for this series originated in 2005.

Rental Vacancy Rate: Delaware County PA, Pennsylvania, US

Rental vacancy rate in Pennsylvania

Historical Rental Vacancy Rate data for Delaware County

Date US Pennsylvania Delaware County PA
2017 6.18% 5.84% 5.61%
2016 5.89% 5.77% 6.88%
2015 5.85% 5.77% 5.69%
2014 6.32% 6.40% 6.30%
2013 6.49% 5.78% 11.53%
2012 6.77% 5.88% 8.95%
2011 7.40% 6.13% 7.14%
2010 8.17% 6.47% 7.66%
2009 8.43% 6.80% 11.59%
2008 7.86% 6.65% 6.01%
2007 7.87% 7.34% 5.35%
2006 7.70% 8.09% 9.10%

Rent as a Fraction of Income

Using median household income data for Delaware County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Delaware County, median monthly gross rent as a fraction of median household income was 16.87% in 2017 according to the ACS.

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

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Pennsylvania 18.10% -0.47% -1.01%
Delaware County PA 16.87% -1.27% -1.59%

Trends in Delaware County PA Rent as a Fraction of Income

The fraction of median Delaware County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 18.89%. Since then it has fallen by 2.02% to 16.87%.

Fraction of Income towards Rent: Delaware County PA, Pennsylvania, US

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

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

Date US Pennsylvania Delaware County PA
2017 20.13% 18.10% 16.87%
2016 20.43% 18.58% 18.14%
2015 20.63% 18.70% 17.77%
2014 20.89% 19.12% 18.46%
2013 20.78% 19.11% 18.01%
2012 20.65% 18.69% 18.28%
2011 20.70% 18.78% 18.89%
2010 20.50% 18.58% 18.88%
2009 20.12% 17.88% 17.25%
2008 19.00% 17.18% 16.44%
2007 18.66% 16.92% 17.15%
2006 18.90% 17.22% 17.71%

Renter Fraction in Delaware County Pennsylvania

You can calculate the renter fraction in Delaware 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 Delaware County as a fraction of total Delaware County households. In 2017 30.33% of households were renters according to Census ACS data.

Delaware County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Pennsylvania 31.70% +0.20% +0.53%
Delaware County PA 30.33% -2.38% +0.46%

Trends in the Delaware County PA Renter Fraction

The Delaware County household renter fraction peaked in in 2016 at 32.71% and is now 2.38% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Delaware County PA, Pennsylvania, US

Fraction of renters in Delaware County

History of Delaware County Renter Fraction

Date US Pennsylvania Delaware County PA
2017 36.13% 31.70% 30.33%
2016 36.88% 31.50% 32.71%
2015 36.97% 31.28% 29.81%
2014 36.90% 31.17% 29.87%
2013 36.50% 31.05% 30.82%
2012 36.09% 31.09% 31.36%
2011 35.42% 30.51% 29.58%
2010 34.65% 29.87% 29.59%
2009 34.13% 29.48% 27.51%
2008 33.36% 29.15% 28.92%
2007 32.80% 28.36% 27.87%
2006 32.73% 28.28% 27.05%

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.