Is Lewes, DE a good place to invest in rental property?

Lewes, DE has a median modeled monthly cash flow of $-2,504 and a median cap rate of 1.7%, on a median sold price of $595,000. Prices changed -1.1% year over year.

What is the average cap rate in Lewes, DE?

The median cap rate across recently sold homes in Lewes, DE is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lewes, DE?

The median sold price in Lewes, DE is $595,000 (about $266 per square foot).

Investing in Lewes, DE Real Estate

A data-driven snapshot of the Lewes, DE rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$595,000Median sold price

$266Median $/sqft

1.7%Median cap rate

$-2,504Modeled cash flow / mo

-1.1%Appreciation YoY

11.1Months of supply

824Active listings

894Sold (last 12 mo)

What the Lewes numbers say

In Lewes, DE, the median home sold for $595,000 (about $266 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-2,504 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 11.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Delaware markets to compare

See Lewes cash-flowing listings

CashFlowRE ranks every for-sale home in Lewes, DE by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Lewes deals, or browse the national market data.