Apartments for rent in Delaware are less expensive than the national average. The price of a studio averages $879 per month, which is $146 below the national average. The price of a one-bedroom averages $812 per month, which is $49 below the national average. The reason that studio apartments for rent in Delaware cost more than one-bedrooms is that a lot more studios tend to be rented in high-priced areas, whereas in lower-rent areas the smallest apartments you're likely to find are one-bedrooms.

Larger Delaware apartment rentals follow the same trends. The price of a two-bedroom averages $988 per month, which is $68 below the national average. The price of a three-bedroom averages $1186 per month, which is $159 below the national average.

If you're searching for an Delaware apartment rental you should know that the trends vary depending on which city or county you're looking at. The most expensive Delaware apartments for rent are in Wilmington and Bear. The lowest rent apartments in Delaware are in Dover and New Castle.

Economy:
Delaware's largest employers are the state and federal governments, followed by the University of Delaware. The banking and credit card industries have found somewhat of a haven in Delaware thanks to favorable laws and regulations, and as such have a heavy presence as well. Sixty percent of Fortune 500 corporations are incorporated in Delaware thanks to the state's reputation for being a “tax haven.”

Noteworthy:
Delaware's Dover Air Force Base is one of the largest and most strategically important bases in the country.