Cheap Apartments for Rent in the Downtown Wilmington Neighborhood of Wilmington, DE from $700 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Wilmington area of Wilmington.

property at 722 N Market St

722 N Market St

WilmingtonDE19801
property at 225 W 4th St

225 W 4th St

WilmingtonDE19801
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Market Street Village
Studio to 1 Bedroom Apartments

Market Street Village

838 N Market StWilmington, DE 19801
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1601-1615 West St
Studio to 2 Bedroom Apartments

1601-1615 West St

1601-1615 West StWilmington, DE 19802
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811 MKT
1 Bedroom Apartments

811 MKT

811 N Market StWilmington, DE 19801
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MKT - 608 MKT
1 Bedroom Apartments

MKT - 608 MKT

605 N Market StWilmington, DE 19801
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426 N Market St
1 Bedroom Apartments

426 N Market St

426 N Market StWilmington, DE 19801
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The Mayfair Apartments
1 Bedroom Apartments

The Mayfair Apartments

1300 N Harrison StWilmington, DE 19806
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Showing Results 1-38, Page 1 of 1

Downtown Wilmington, Wilmington, DE Local Guide

Cheapest Available Downtown Wilmington Apartments for Rent

 

The cheapest available apartment rental in the Downtown Wilmington area of Wilmington, DE is a 2 Beds unit found at River Commons priced from $1,095. The Rutledge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, DE:

Apartment ListingModel NameBed/BathPriced From
River Commons2 Bedroom2BR,1BA$1,095
The Rutledge ApartmentsOne Bedroom with Private Outisde Entrance1BR,1BA$1,100
Baynard Apartmentsstudio1BR,1BA$1,100
MKT NorthA21BR,1BA$1,199
Gilpin Place ApartmentsOne Bedroom1BR,1BA$1,207
The Lucania1 Bed 1 Bath1BR,1BA$1,225
The Residences at Rodney SquareBellevue StudioStudio,1BA$1,260
The Square at Trolley1S1BR,1BA$1,325
1315 Delaware Ave1 Bedroom - 1 Bathroom1BR,1BA$1,350

Best Value Apartments for Rent in Downtown Wilmington, DE

As of March 31, 2025 the best value apartment in the Downtown Wilmington area is the $1.78 price per square foot 2BR/2.0BA Model at 430 N West St in the in the Southbridge neighborhood starting from $1,795. The second greatest value Downtown Wilmington apartment is the 1702 N Washington Model at 1702 N Washington St starting at $1,475 with a $1.48 price per square foot in the Southbridge neighborhood. Here is today’s list of the best values for Downtown Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
430 N West St2BR/2.0BA2BR,2BA$1.78
1702 N Washington St1702 N Washington1BR,1BA$1.48
1315 Delaware Ave1 Bedroom - 1 Bathroom1BR,1BA$1.43
102 W 30th St, Unit 1102 W 30th St2BR,1BA$1.54
835-839 N Tatnall St1 Bedroom | 1.5 Baths1BR,1.5BA$1.71
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
1742 W 6th St, Unit 1742 W 6th St1742 W 6th St2BR,1BA$1.58
River Commons2 Bedroom2BR,1BA$1.31
Gilpin Place ApartmentsOne Bedroom1BR,1BA$1.82
The Lucania1 Bed 1 Bath1BR,1BA$1.88

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Pet Friendly Lifestyle
Downtown Wilmington, Wilmington, DE

Ranked #22

Among neighborhoods in Wilmington, DE for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Wilmington, Wilmington, and the greater Wilmington area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Downtown Wilmington Neighborhood in Wilmington, DE

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

60 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Downtown Wilmington Apartments

What is a cheap apartment in Downtown Wilmington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Wilmington is under $1,350.

What is the price of a cheap apartment in Downtown Wilmington?

The cheapest apartment in Downtown Wilmington is The Rutledge Apartments which is listed at $1,100, while the average apartment in Downtown Wilmington costs $2,808.

What types of apartments are the cheapest in Downtown 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 3 regular apartments in Downtown 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 Downtown Wilmington?

Cheap apartments in Downtown Wilmington have an average cost of $108 which is $2,700 cheaper than the average rent for all rentals in Downtown 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.