Logo Dover Fair Market Rent FY 2024 Dover, DE MSA Rental Data

Fair Market Rent Prices in Dover, DE :
$1,110 $1,117 $1,368 $1,928 $2,152
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Dover are very high compared to the national average. This FMR area is more expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Dover is $1,368 per month.

The previous year, rent for a two-bedroom home was $1,182 per month. This is a 15.74% increase year-over-year.

This FMR rate applies to Kenton, DE, Little Creek, DE, Cheswold, DE, Woodside, DE, Dover Afb, DE, Viola, DE, Marydel, DE, Houston, DE, Frederica, DE, Hartly, DE and other cities within the region. The Metro Code or CBSA code for this region is METRO20100M20100.

Additionally, This Fair Market Rent (FMR) area Dover, DE MSA spans one county or city in Delaware which is listed in the table below. Estimated population of Dover, DE MSA FMR area is 179,124 people based on latest Census data.

Compared to the rest of Delaware, the Dover FMR area is more expensive than 50% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Dover. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Dover

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 1185
1-BR 1-Bedroom $ 1193
2-BR 2-Bedroom $ 1461
3-BR 3-Bedroom $ 2059
4-BR 4-Bedroom $ 2299
Change Year:

There is just one county (listed below) within the Dover, DE MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Philadelphia and Salisbury.

County / Region Est. Population
Dover, DE Metro 179,124
Zip Codes in Dover, DE MSA

There are 21 unique zip codes in this Fair Market Rent (FMR) area:

19901, 19902, 19903, 19904, 19934, 19936, 19938, 19943, 19946, 19950, 19952, 19953, 19954, 19955, 19961, 19962, 19963, 19964, 19977, 19979 and 19980

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