$1,600 Per Month
- 3 Beds
- 1 Bath
- 1,536 Sq Ft
- Townhouse for Rent
121 Broad St, Wyoming, DE 19934
121 Broad St, Wyoming, DE 19934
Frequently Asked Questions
How much does it cost to rent a home in Wyoming, DE?
The median rent for a home in Wyoming, DE is $1,600 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Wyoming, DE?
To comfortably afford the median rent in Wyoming, DE, a household needs to earn roughly $64,000 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 $1,600 per month in Wyoming, DE, renters typically need to show $4,800 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 Wyoming, DE?
In Wyoming, DE, the price-to-rent ratio is 16.0, 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.
What neighborhoods in Wyoming, DE are best for renting a home?
The best neighborhood for renting in Wyoming, DE depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Highland Acres and Rising Sun-Lebanon, each with its own character and price range.
