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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Delmar, DE Housing Affordability Index

Delmar, Delaware has an MBR Housing Affordability Index score of 104.1 (Near National Average) as of October 30, 2026, ranking 36th most affordable of 59 scored Delaware cities, compared with 103.6 statewide and 97.4 nationally. On a median-priced $232,800 home with 20% down, the Delaware average 30-year fixed rate of 7.37% means a monthly principal and interest payment of about $1,285, or 25% of the city’s $61,250 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Delmar is updated every night from live Delaware mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Delmar MBR-HAI 104.1 Near National Average
Rank in Delaware 36 of 59 1 = most affordable
Delaware 103.6 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.37% Delaware lenders
Median home value $232,800 U.S. Census Bureau

Delmar is 0.5 points above the Delaware score. Scores as of October 30, 2026. See the Delaware index

View Delmar Mortgage Rates

See What You Can Afford in Delmar, Delaware

Use this Delmar, Delaware home affordability calculator to see how much house you can afford at today’s Delaware average 30-year mortgage rate of 7.37%. A household earning the Delmar median income of $61,250, with no other debts and $47,000 down, can afford a home of about $220,795, compared with a median home value of $232,800. Buying the median priced home with 20% down takes a household income of about $65,500 once property tax and insurance are counted.

Delmar median (Census)
Car, student loan, card minimums
Under 20% adds PMI
Delaware average, 30-year fixed
Delmar median bill (Census)
Estimate; use your quote
You can afford a home up to
$220,795
Below the Delmar median home value of $232,800
Loan amount$173,795
Principal & interest$1,199/mo
Property tax$138/mo
Home insurance$92/mo
PMI$0/mo
Total monthly payment$1,429/mo
Compare Delmar Mortgage Rates

How much house can you afford in Delmar?

Most lenders use two limits. Your housing payment, including principal, interest, property tax, homeowners insurance and any PMI, should stay under about 28% of your gross monthly income, and all of your monthly debt payments together should stay under about 36%. The calculator takes whichever limit is lower, then works backward from that payment to the most expensive home it covers at the current rate.

In Delmar, property taxes run about 0.75% of a home’s value each year, based on the Census median tax bill, which counts against the same monthly budget as the mortgage. Each quarter point move in mortgage rates changes the price you can afford by roughly $3,666 for a median income household. A larger down payment, paying down other debts, or a lower rate from a local lender all raise your budget.

What It Takes to Buy in Delmar

$1,285/mo
Principal & Interest
Median home, 20% down, 7.37%
$55,100
Income Needed
To keep principal and interest at 28% of income
$61,250
Median Household Income
Delaware: $84,954
3.8x
Price-to-Income Ratio
Delaware: 4.1x
$1,367/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,755/yr
Median Property Tax
0.75% of median value
40.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
40.3%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Delmar, Delaware. The rate is the Delaware average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Delmar Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Delmar, Delaware score: 104.1 (Near National Average), ranked 36 of 59 Delaware cities. monitorbankrates.com/housing-affordability-index/delaware/delmar”