Cheap Apartments for Rent in Wilmington, DE from $700 (82 Rentals)

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property at 722 N Market St

722 N Market St

WilmingtonDE19801
property at 225 W 4th St

225 W 4th St

WilmingtonDE19801

Wilmington, DE Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Wilmington, DE

Pricing Updated: 04/03/2025

Current apartment rentals in the Wilmington, DE area range in price from $790 to $7,641 with an overall median price of $2,716. The three Wilmington neighborhoods with the lowest median rent pricing are Mermaid at $1,075, Skyline Crest at $1,075, and Milltown at $1,075. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mermaid$1,869$1,07525
Skyline Crest$1,900$1,07545
Milltown$1,917$1,07521
Heritage$2,210$1,07521
Woodcreek$2,225$1,07527
Saint Elizabeth's Area$2,554$790196
Hedgeville$2,647$790343
Hilltop$2,647$1,055178
Northwest Wilmington$2,744$1,055169
Old Swedes Historic District$2,744$1,050304

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, DE is a 1 Bed unit found at Brandywine Hills Apartments in the Brandywine Hills neighborhood priced from $1,074. Brandywine Apartments in the Channin neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brandywine Hills ApartmentsJr. 1BR1BR,1BA$1,074
Brandywine ApartmentsEfficiency ApartmentStudio,1BA$1,100
The Rutledge ApartmentsOne Bedroom with Private Outisde Entrance1BR,1BA$1,100
Baynard Apartmentsstudio1BR,1BA$1,100
Gilpin Place ApartmentsOne Bedroom1BR,1BA$1,107
Greenview at Chestnut Run2 Bedroom/1 Bathroom2BR,1BA$1,160
River Commons2 Bedroom2BR,1BA$1,165
Parklynn Apartments1 Bedroom1BR,1BA$1,175
MKT NorthA21BR,1BA$1,199

Best Value Apartments for Rent in Wilmington, DE

As of April 03, 2025 the best value apartment in the Wilmington area is the $1.34 price per square foot 3x2.5 BE Model at Walden Townhomes in the in the Meadowood neighborhood starting from $2,275. The second greatest value Wilmington apartment is the Penthouse Model at Wawaset Park Apartments starting at $2,500 with a $1.56 price per square foot in the Southbridge neighborhood. Here is today’s list of the best values for Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walden Townhomes3x2.5 BE3BR,2.5BA$1.34
Wawaset Park ApartmentsPenthouse2BR,2BA$1.56
2115 Harrison Ave, Unit #52115 Harrison Ave2BR,1BA$1.40
1215 W 7th St, Unit 11215 W 7th St1BR,1BA$1.04
1315 Delaware Ave1 Bedroom - 1 Bathroom1BR,1BA$1.43
102 W 30th St, Unit 1102 W 30th St2BR,1BA$1.54
Maple Walk ApartmentsNewly Renovated 2 Bedroom Apartments2BR,1BA$1.56
Summit Chase Apartments2 Beds, 1 bath2BR,1BA$1.39
Greenview at Chestnut Run2 Bedroom/1 Bathroom2BR,1BA$1.38
River Commons2 Bedroom2BR,1BA$1.39

Quick Rent Budget Calculator

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Wilmington Overview

Wilmington, Delaware is a beautiful, small-town-feel city right near the big city of Philadelphia. The history is rich, the weather is beautifully temperate, and residents never run out of things to do or entertainment to experience. If you are looking to move to an apartment in a great Delaware city, you may want to check out some of the options for Wilmington apartments at ApartmentHomeLiving.com.

Why live in Wilmington, DE?

Wilmington is home to a great amount of culture, with several parks, museums, and entertainment opportunities. There are also a few colleges that operate in the city, such as the Delaware College of Art & Design, and the Wilmington campus for the University of Delaware. What really makes this city great however, is the close, cozy feel. Many that live in apartments in Wilmington love that they can easily ride their bike to work, walk to the park, or grab a quick bus to anywhere in the city. Residents also claim that the city is great because it is spitting distance from Philly while considerably cleaner and smaller.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Wilmington, DE Rentals by Map

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Getting Around Wilmington, DE

Walk Score®

66 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Wilmington Apartments

What is a cheap apartment in Wilmington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wilmington is under $1,199.

What is the price of a cheap apartment in Wilmington?

The cheapest apartment in Wilmington is Brandywine Hills Apartments which is listed at $1,074, while the average apartment in Wilmington costs $2,716.

What types of apartments are the cheapest in Wilmington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 117 regular apartments in Wilmington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Wilmington?

Cheap apartments in Wilmington have an average cost of $143 which is $2,573 cheaper than the average rent for all rentals in Wilmington.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.