Dover, DE Rental Market
Dover is Delaware's state capital and a government and military hub anchored by Dover Air Force Base — the largest aerial port of entry in the Eastern United States and home to the Air Mobility Command's largest wing — and state government employment. The NASCAR Dover Motor Speedway and Delaware State University add tourism, event, and education sector dimensions to the economy. State government jobs and Dover AFB military demand create a stable, dual-anchor rental market with consistent year-round occupancy.
Get a rent estimate for an address in DoverAverage Rent in Dover, DE
$1,280
per month · 2026-06
Market Score
Key Facts — Dover, DE Rental Market
- Average rent in Dover, DE:$1,280/mo
- Median rent:$1,178/mo
- Rent range:$650 – $2,800/mo
- Most common rental (2 bedrooms):$1,125/mo
- Active listings:320
- Avg days to lease:31 days
- Year-over-year change:+3.2%
- Median home value:$255,000
- Est. gross annual yield:6.0%
- Data as of:2026-06
Rent by Bedroom in Dover, DE
Average monthly rent for each bedroom type based on current active listings in Dover.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $925/mo |
2 Bedrooms | $1,125/mo |
3 Bedrooms | $1,450/mo |
4 Bedrooms | $1,775/mo |
5 Bedrooms | $2,025/mo |
Dover Rental Market Statistics
Key indicators from the current Dover, DE rental market.
320
Available now in Dover
31
From list to lease
$1.00
Average across listings
1,275 sq ft
Typical rental size
$650 – $2,800
Min to max active listings
+3.2%
Avg rent vs. prior year
Investing in Dover, DE Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$255,000
Typical purchase price in Dover
Est. Gross Annual Yield
6.0%
Before expenses & vacancy
Avg Monthly Income
$1,280
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Dover for a full cash-flow breakdown including all costs.
Dover, DE Rental Market FAQ
Common questions about renting and investing in Dover, DE.
What is the average rent in Dover, DE?
The average rent in Dover, DE is $1,280 per month as of 2026. One-bedroom apartments average $925/mo, two-bedrooms average $1,125/mo, and three-bedroom homes average $1,450/mo. Areas near Dover AFB on the west side and the State Street government corridor see the most consistent demand from military families and state employees respectively. Delaware State University's campus attracts student tenant demand in the surrounding neighborhoods.
Is Dover, DE a good place to invest in rental property?
Dover offers a 6.0% estimated gross annual yield with 3.2% year-over-year rent growth. Dover AFB's thousands of military personnel provide BAH-backed demand that is resilient across economic cycles, and state government employment adds counter-cyclical stability. Delaware State University's student and faculty population provides a third tenant demand layer. Median home values near $255,000 are accessible for the Mid-Atlantic region.
How competitive is the Dover, DE rental market?
Dover has approximately 320 active listings and averages 31 days on market. Dover AFB PCS season in summer creates the most concentrated demand spike, particularly for 3- and 4-bedroom homes near the base gate. State government employment provides steady year-round demand near the Legislative Hall and Route 13 corridor. Delaware State University's academic calendar adds August demand near campus. Investors who maintain properties well and price to BAH rates achieve consistently low vacancy.
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