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Rent Inflation in Dover, DE

The average asking rent in Dover, DE is $1,787/month as of 2026-08. That is +4.3% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,787/mo

as of 2026-08

Year-over-Year Change

+4.3%

24-Month Rent Trend

Monthly ZORI index values for Dover, DE.

MonthAvg Asking RentChange from Prior Month
2026-08$1,787+1.19%
2026-07$1,766+0.51%
2026-06$1,757-0.57%
2026-05$1,767+0.34%
2026-04$1,761-0.17%
2026-03$1,764+1.09%
2026-02$1,745+0.23%
2026-01$1,741+0.52%
2025-12$1,732-0.80%
2025-11$1,746+0.81%
2025-10$1,732+0.64%
2025-09$1,721+0.47%
2025-08$1,713-0.46%
2025-07$1,721+0.58%
2025-06$1,711+0.06%
2025-05$1,710-0.18%
2025-04$1,713-0.46%
2025-03$1,721+1.06%
2025-02$1,703+1.01%
2025-01$1,686+0.60%
2024-12$1,676-0.18%
2024-11$1,679+0.54%
2024-10$1,670+0.42%
2024-09$1,663—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices