How many apartments are available in Middletown, DE on Rentable.co?
Rentable.co has over 151 apartments available in Middletown.
Can I afford an apartment for rent in Middletown, DE?
Based on average rent prices in Middletown, to afford a three-bedroom apartment you would need an annual household income of $120,000 to live comfortably.
Welcome to the November 2024 Middletown Apartment Report. In this assessment of
the local rental market, Rentable data scientists and rental experts break down the
November 2024 key findings and figures for the Middletown rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in
Middletown and surrounding areas and provide comparisons to the entire metro area, nearby cities and
some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of
Middletown average rent prices in the chart below.
Monthly Rent Report
$2,150
$1,610
$1,080
$540
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR2 BR
Middletown Rent Prices Decrease From October to November
Middletown rent prices decreased over the last month. From October to November, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Middletown one-bedroom apartments currently stands at $1,200.0.
When we take a look at the two-bedroom comparison from October to November, Middletown experienced a -1.12% decrease for the price of a two-bedroom apartment. The rent price for a Middletown two-bedroom apartments currently stands at $1,948.0.
November Prices: Middletown vs. Surrounding Areas
Rent Prices in Middletown and Surrounding Areas
Rent prices have decreased in Middletown over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Middletown suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Middletown suburbs
Rents did not decrease in any of the Middletown suburbs.
November 2024 Pricing Trends: Middletown vs. National Comparisons
New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent
Middletown Rent Prices More Affordable Than Major Cities
Rent growth in Middletown over the past year has been
declining. When compared to major cities nearby, along
with some of the most expensive cities in the country, Middletown average rent prices appear to be
relatively affordable for local residents.
The price for a Middletown one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Middletown and surrounding area rent prices, take a look at the complete data set below.
Data set for Middletown and suburbs
1 BR November
1 BR M/M % Change
2 BR November
2 BR M/M % Change
Methodology
Each month, using over 1 million Rentable listings across the United States, we calculate the median
1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To
avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and
property count thresholds.