homesbycounty

Housing decision brief

Sussex County, DE Housing Market

Sussex County screens as a higher purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.

3rd lowest home value out of 3 Delaware counties with data | 1st lowest rent out of 3

Median home value

$353,300

Purchase-price signal from Census ACS.

Median rent

$1,221/mo

Gross rent, including utilities where reported.

Monthly owner cost

$1,125/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

4.5x

Median home value divided by local household income.

Rent burden

31.0%

At or above the 30% burden threshold.

Rent vs own

$96/mo

Median owner cost screens below median rent.

Data confidence

1 note

Crime coverage is partial, so safety comparisons need source context.

What Works

Lower rent

$1,221/mo is 5% below Delaware county median

Owning screens cheaper than renting

Median owner costs are $96/mo below median rent before individual mortgage terms.

What to Check

Crime data coverage

Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.

Best Fit For

  • Households weighing ownership against renting

Poor Fit For

  • Anyone treating reported crime rates as complete without source context

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where Sussex County is genuinely cheap, where it is average, and where the hidden cost may be.

Swipe sideways to see state and national benchmarks.
MetricCountyStateU.S.Signal

Median home value

Lower usually helps affordability.

$353,300$329,800$281,900
7% pressure7% above Delaware county median

Median gross rent

Lower usually helps affordability.

$1,221$1,285$1,163
5% favorable5% below Delaware county median

Monthly owner cost

Lower usually helps affordability.

$1,125$1,321$1,672
15% favorable15% below Delaware county median

Median household income

$78,162$78,162$74,755
Near state medianAt the Delaware county median

Effective property-tax rate

Lower usually helps affordability.

0.33%0.46%1.02%
28% favorable28% below Delaware county median

Rent burden

Lower usually helps affordability.

31.00%31.00%N/A
Near state median31.00% of renter income goes to rent.

Income Fit

A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.

Local median income$78,162
Income for median rent$48,840
Income for median owner cost$48,214

Rent cushion

+$29,322

Median income minus rent threshold.

Owner cushion

+$29,948

Median income minus owner-cost threshold.

Affordability Advisory

This turns the raw housing numbers into income and buy-versus-rent screens.

Affordability verdict

Sussex County offers affordable rental housing at a median of $1,221/month , about 18.7% of the typical household income here.

Rent vs own

The median rent in Sussex County is $1,221/month, while owner costs run $1,125/month. Owning saves approximately $96/month.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $48,840/year. For owner costs at the 28% rule, the required income is roughly $48,214/year. With a median household income of $78,162, most households can comfortably afford rent here. Notably, 31.0% of renter households in Sussex County are cost-burdened, spending more than 30% of income on housing.

Regional context

Compared to Kent County where rent averages $1,285/month, Sussex County is approximately 5% less expensive.

Better Counties to Compare

Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.

CountyHome ValueRentWhy compare
Kent County, DE$290,600$1,285/moSame-state comparison near $290,600 home value and $1,285/mo rent.
New Castle County, DE$329,800$1,379/moSame-state comparison near $329,800 home value and $1,379/mo rent.
Providence County, RI$339,100$1,242/moOut-of-state peer near $339,100 home value and $1,242/mo rent.
Sumter County, FL$356,000$1,225/moOut-of-state peer near $356,000 home value and $1,225/mo rent.
Mason County, WA$377,400$1,205/moOut-of-state peer near $377,400 home value and $1,205/mo rent.

Housing Questions for Sussex County

Is Sussex County affordable for buying a home?
Sussex County has a home-value-to-income ratio of 4.5x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Sussex County?
Median rent is $1,221/mo and median monthly owner cost is $1,125/mo. On this screen, owning is cheaper before individual loan terms.
How much income do you need for housing in Sussex County?
To keep rent near 30% of income, the median rent implies about $48,840 in annual income. Using a 28% owner-cost screen, median owner costs imply about $48,214 in annual income.
What should I double-check before moving to Sussex County?
Double-check crime data coverage. These items can change the real value of a low monthly housing cost.
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.