We have benchmarked the performance of time-independent density functional theory (ΔSCF and RSCF-CV-DFT) in studies on Rydberg transitions employing five different standard functionals and a diffuse basis. Our survey is based on 71 triplet or singlet Rydberg transitions distributed over nine different species: CO (7), CH2O (8), C2H2 (8), H2O (10), C2H4 (13), Be (6), Mg (6), and Zn (8). The best performance comes from the long-range corrected functional LCBP86 (ω = 0.4.) with an average root-mean-square deviation (RMSD) of 0.23 eV. Of similar accuracy are LDA and B3LYP, both with a RMSD of 0.24 eV. The largest RMSD of 0.32 eV comes from BP86 and LCBP86* (ω = 0.75). The performance of ΔSCF is considerably better than that of adiabatic time-dependent density functional theory (ATDDFT) and matches that of highly optimized long-range corrected functionals. However, it is not as accurate as ATDDFT based on highly tuned functionals. The reasonable success of ΔSCF is based on its well-documented ability to afford good estimates of ionization potentials (IP) and electron affinities (EA) even for simple local functionals after orbital relaxation has been taken into account. In ATDDFT based on semilocal functionals, both IP and -EA are poorly described, with errors of up to 5 eV. In the transition energy (ΔE = IP - EA), these errors are canceled to some degree. However, ΔE still carries an error exceeding 1 eV.