Rehoboth Beach, DE
DC's beach - tax-free shopping and summer demand
Rehoboth Beach is the primary beach destination for Washington DC and Baltimore - a 3-hour drive market from 10+ million metro residents. Delaware's complete absence of sales tax makes it a shopping destination on top of the beach, and the boardwalk scene, outlet malls, and LGBTQ+-friendly culture create a diverse visitor base with strong year-round shoulder demand relative to comparably sized beach towns.
Across 157 active STR-viable listings analyzed this month, Rehoboth Beach shows a 2.4% median cap rate at a $600K median list price, 35% occupancy, and $217/night. That ranks #38 of 57 markets in STRROI's live ranking. At typical prices, cash flow is tight: most listings only pencil out with a large down payment, a below-list purchase, or above-market nightly rates.
Rehoboth Beach real estate market right now
As of October 17, 2026, STRROI is tracking 157 homes for sale in Rehoboth Beach that could run as short-term rentals, at a median list price of $599,900. The middle half are priced between $324K and $949K. That works out to a median of $299 per square foot for a typical 1,656 square foot home. Homes here have been on the market 90 days on average, close to the 101 days typical across the 56 markets in STRROI's ranking. 56 of them were listed in the last 30 days.
These numbers cover the homes for sale STRROI analyzes as potential short-term rentals in Rehoboth Beach, mainly ZIP 19971. They are not every home sale in the area, so they can differ from MLS-wide figures. Month-by-month price history starts Oct 2026 and fills in as the market is re-checked each month.
What's for sale in Rehoboth Beach right now
Of the 157 homes for sale we analyzed in Rehoboth Beach, 20 (13%) project positive monthly cash flow with 20% down at a 7.5% rate, and none rate Buy or better on STRROI's 1-10 scale. 3-bedroom homes are the most common (67 for sale, median $550K). Returns are strongest in 2-bedroom homes at a 3.5% median cap rate, and weakest in 1-bedroom homes at 0.6%. By property type, manufactured homes lead at a 6.3% median cap rate across 40 listings.
- Weak: 45
- Avoid: 112
| Beds | For sale | Median price | Cap rate |
|---|---|---|---|
| 1 | 3 | $875K | 0.6% |
| 2 | 37 | $150K | 3.5% |
| 3 | 67 | $550K | 2.4% |
| 4 | 22 | $713K | 2.5% |
| 5+ | 28 | $1.8M | 1.9% |
| Type | For sale | Median price | Cap rate |
|---|---|---|---|
| Single-family homes | 41 | $1.4M | 1.7% |
| Manufactured homes | 40 | $123K | 6.3% |
| Condos | 36 | $633K | 2.0% |
| Townhouses | 33 | $620K | 2.0% |
| Multi-family | 6 | $646K | 2.7% |
Top-ranked homes for sale in Rehoboth Beach this month
Scored 1-10 against real Airbnb comps. Addresses, photos and the full underwriting are in the app.
- #1Weak · 4/103 bd · 2 ba manufactured homeZIP 19971 · listed at $50K
- Cap rate
- 23.6%
- Cash flow
- +$702/mo
- Nightly
- $210 at 35%
- #2Weak · 4/104 bd · 2 ba manufactured homeZIP 19971 · listed at $60K
- Cap rate
- 21.4%
- Cash flow
- +$736/mo
- Nightly
- $216 at 35%
- #3Weak · 4/103 bd · 1 ba manufactured homeZIP 19971 · listed at $58K
- Cap rate
- 17.7%
- Cash flow
- +$530/mo
- Nightly
- $184 at 35%
How Rehoboth Beach compares
Rehoboth Beach ranks #4 of 4 Mid-Atlantic markets in STRROI's live ranking; Virginia Beach leads the region with a median cap rate of 3.8%. Its 2.4% cap rate is 0.5 points below the 2.9% median across all 57 ranked markets, and its $600K typical list price is close to the Mid-Atlantic median of $612K.
| Rank | Market | Cap rate | Typical price |
|---|---|---|---|
| #19 | Virginia Beach, VA | 3.8% | $625K |
| #24 | Outer Banks, NC | 3.4% | $635K |
| #32 | Ocean City, MD | 2.7% | $550K |
| #38 | Rehoboth Beach, DE | 2.4% | $600K |
Rank is national, by median cap rate across active STR-viable listings. Cash flow uses STRROI's default financing assumptions. See the full ranking
Estimated Annual Performance
* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.
Why Investors Choose Rehoboth Beach
Rehoboth Beach STR investing, answered
Is Rehoboth Beach, DE a good short-term rental market?
Rehoboth Beach is a Mid-Atlantic STR market with a 2.4% median cap rate, 35% annual occupancy, and $217/night across STR-viable listings, based on 157 active listings. It ranks #38 of 57 markets by median cap rate in STRROI's live ranking. This month none of its 157 homes for sale rate Buy or better.
What is the average Airbnb occupancy rate in Rehoboth Beach?
STR-viable properties in Rehoboth Beach average about 35% occupancy across the year. Peak season is Memorial Day - Labor Day. Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.
How much do short-term rentals earn in Rehoboth Beach?
At $217/night and 35% occupancy, a typical Rehoboth Beach STR grosses roughly $28,039 per year before expenses, leaving an estimated $16,823 in net operating income. Across analyzed listings the median cap rate is 2.4%. Individual results depend on property, amenities, and management.
What types of properties work best for STR in Rehoboth Beach?
Among homes for sale right now, 2-bedroom homes post the strongest median cap rate by size (3.5%), and manufactured homes lead by property type (6.3%). With guests, the best-performing STR types here are Single Family, Cottage, Condo, Townhouse. Matching the local guest profile and the amenities that drive bookings matters more than raw square footage.
How many homes for sale in Rehoboth Beach cash flow as an Airbnb?
20 of 157 STR-viable listings (13%) project positive monthly cash flow after the mortgage, assuming 20% down at a 7.5% rate on a 30-year loan. The top-ranked listing this month is a 3-bedroom manufactured home in ZIP 19971 listed at $50K, projecting a 23.6% cap rate and +$702 a month.
What is the median home price in Rehoboth Beach, DE right now?
The median list price of the 157 homes for sale STRROI tracks in Rehoboth Beach is $599,900, and the middle half are priced between $324K and $949K. The median price per square foot is $299. These are homes that could run as short-term rentals, mainly ZIP 19971, not every sale in the area. Against a 2.4% median cap rate, that price level sets the return baseline you'd underwrite against.
How long do homes stay on the market in Rehoboth Beach?
Homes for sale in Rehoboth Beach have been listed 90 days on average, close to the 101 days typical across the 56 markets in STRROI's ranking. 56 of them were listed in the last 30 days.
Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 157 active listings · last updated Oct 17, 2026
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