Mortgage Rates in Rehoboth Beach, Delaware — March 2026
Updated March 2026 | Based on Rehoboth Beach market data and regional lending conditions
Rehoboth Beach is a growing city in Delaware with a population of 1,588. The current 30-year fixed mortgage rate in Rehoboth Beach is 6.62%, which is 0.03% below the national average. With a median home price of $258,000 and a 20% down payment of $51,600, homebuyers can expect a monthly principal and interest payment of approximately $1,321.
Current Mortgage Rates in Rehoboth Beach, DE
Below are the current average mortgage rates available in the Rehoboth Beach area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.62% | 6.65% | -0.03% |
| 15-Year Fixed | 5.89% | 5.89% | 0% |
| 5/1 ARM | 6.17% | 6.15% | +0.02% |
| FHA | 6.44% | 6.25% | +0.19% |
| VA | 6.19% | 6.05% | +0.14% |
| Jumbo | 6.87% | 6.85% | +0.02% |
Rehoboth Beach Housing Market Overview
The Rehoboth Beach housing market offers relatively affordable housing compared to many major cities. The median household income in Rehoboth Beach is $67,800, and the cost of living index is 94.2 (national average = 100). Based on the 28% affordability rule, the median income in Rehoboth Beach is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Rehoboth Beach
Based on the median home price of $258,000 with 20% down ($51,600), here is what you can expect to pay monthly in Rehoboth Beach:
15-Year vs. 30-Year Mortgage in Rehoboth Beach
Choosing a 15-year mortgage in Rehoboth Beach at 5.89% instead of a 30-year at 6.62% would save you $164,340 in total interest over the life of the loan. However, your monthly payment would be $1,729 instead of $1,321 — an increase of $408 per month.
Calculate Your Rehoboth Beach Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Rehoboth Beach
What are the current mortgage rates in Rehoboth Beach, DE?
As of March 2026, the average 30-year fixed mortgage rate in Rehoboth Beach, Delaware is 6.62%, while the 15-year fixed rate is 5.89%. FHA loans average 6.44% and VA loans 6.19%. These rates are 0.03% below the national average of 6.65%.
How much is a monthly mortgage payment in Rehoboth Beach?
Based on the median home price of $258,000 with 20% down, the estimated monthly mortgage payment in Rehoboth Beach is $1,321 for principal and interest. Including property taxes of $120/month, the total monthly housing cost is approximately $1,441.
What income do I need to buy a home in Rehoboth Beach?
Using the 28% rule, you would need an annual income of approximately $61,757 to afford the median-priced home in Rehoboth Beach at $258,000. The median household income in Rehoboth Beach is $67,800. The median income is currently sufficient to meet this threshold.
Is Rehoboth Beach a good place to buy a home in 2026?
Rehoboth Beach offers a below-average cost of living with a cost of living index of 94.2 (national average = 100). The property tax rate in Delaware is 0.56%, which is below the national average. Rehoboth Beach has a population of 1,588 and offers a very affordable lifestyle.
Mortgage Rates in Other Delaware Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Rehoboth Beach, Delaware area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.