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Studio Apartments for Rent in Delaware, OH

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  • /51

    Starting at $1,200 Per Month

    • Studio - 2 Beds

    35 Flax St, Delaware, OH 43015

    The beautifully 1863 Flax Mill Factory has been restored into vibrant community in downtown Delaware, Ohio, blending historic charm with modern living along the scenic Olentangy River. Just a short drive from Columbus, this stunning community feature thoughtfully designed apartments, private balconies, stainless steel appliances, and granite countertops. Upscale amenities like a pool, fitness

    The Mill on Flax

    (740) 272-5991

    35 Flax St, Delaware, OH 43015
  • /20

    Starting at $875 Per Month

    • Studio - 2 Beds

    95 Elizabeth St, Delaware, OH 43015

    Nestled in the heart of Delaware, Austin Manor is more than just a place to live—it’s a true experience. Built in 1923, this historic gem blends vintage charm with contemporary comforts, offering 62 uniquely designed apartments, each with its own character and architectural flair.

    Austin Manor

    (740) 272-4608

    95 Elizabeth St, Delaware, OH 43015

Why Live in Delaware

Delaware, OH, is a small city located north of Columbus, characterized by its rural hospitality and industrial growth. The automotive industry has long been a cornerstone of the local economy, with major employers like Advance Auto, Jegs, and PPG Industries. The city is also anticipating significant growth due to Intel's nearby microchip factories. Delaware features a mix of historic homes, including renovated Victorians and Tudors in the Historic Northwestern Neighborhood, midcentury Cape Cods and ranch-style houses near Mingo Park, and contemporary constructions in newer communities like Springer Woods. The Olentangy Local School District is highly rated, recognized as one of the top ten school districts in Ohio. Delaware offers various attractions, such as The Strand Theatre, Arena Fair Theatre, Meeker Homestead Museum, and Ross Art Museum. The historic downtown area includes Bun's Restaurant, established in 1864. Mingo Park and Smith Park provide ample recreational opportunities, including athletic fields, canoe launch points, and playgrounds. The Little Brown Jug harness racing event is a major annual draw, attracting up to 45,000 attendees. Delaware is intersected by U.S. Routes 23, 36, and 42, and Ohio Route 37, facilitating commutes to Columbus and John Glenn Columbus International Airport, which is 30 miles away. The city boasts lower crime rates compared to both Ohio and national averages, making it a safer place to live.

Frequently Asked Questions

How much does it cost to rent a home in Delaware, OH?
The median rent for a home in Delaware, OH is $2,500 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Delaware, OH?
To comfortably afford the median rent in Delaware, OH, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Delaware, OH, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Delaware, OH?
In Delaware, OH, the price-to-rent ratio is 15.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Delaware, OH

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,500
Median Single Family Home Rent
$2,550
Median Townhouse Rent
$1,325
Median Condo Rent
$1,173
How to Rent a Home