Cheap Homes for Rent in Wilmington, DE from $800 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Wilmington.

property at 19 N Pennewell Dr

19 N Pennewell Dr

WilmingtonDE19809

Wilmington, DE Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, DE

Pricing Updated: 03/25/2025

Current apartment rentals in the Wilmington, DE area range in price from $800 to $5,500 with an overall median price of $2,160. The three Wilmington neighborhoods with the lowest median rent pricing are Old Swedes Historic District at $900, East Side Historic District at $900, and Northwest Wilmington at $1,100. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Old Swedes Historic District$1,775$900333
East Side Historic District$1,800$900570
Northwest Wilmington$1,850$1,10088
Bancroft Parkway$1,975$8401086
Baynard Village$1,975$8401080
Brandywine Village$1,975$8401051
Browntown$1,975$8401086
Compton Village$1,975$8401061
Cool Spring$1,975$8401101
Downtown Wilmington$1,975$840858

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 $1,019. River Commons in the Southbridge neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,095. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brandywine Hills ApartmentsJr. 1BR1BR,1BA$1,019
River Commons2 Bedroom2BR,1BA$1,095
The SavilleStudioStudio,1BA$1,095
The Rutledge ApartmentsOne Bedroom with Private Outisde Entrance1BR,1BA$1,100
Baynard Apartmentsstudio1BR,1BA$1,100
Greenview at Chestnut Run2 Bedroom/1 Bathroom2BR,1BA$1,160
Heritage Court1 BED - 1/11BR,1BA$1,165
The ChateauThe Grande1BR,1BA$1,175
Parklynn Apartments1 Bedroom1BR,1BA$1,175

Best Value Apartments for Rent in Wilmington, DE

As of March 26, 2025 the best value apartment in the Wilmington area is the $1.56 price per square foot Penthouse Model at Wawaset Park Apartments in the in the Southbridge neighborhood starting from $2,500. The second greatest value Wilmington apartment is the 2 Bed Apartment Model at Lighthouse Hill starting at $1,495 with a $1.50 price per square foot in the Brandywine Hills 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.
Wawaset Park ApartmentsPenthouse2BR,2BA$1.56
Lighthouse Hill2 Bed Apartment2BR,1.5BA$1.50
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
Summit Chase Apartments2 Beds, 1 bath2BR,1BA$1.39
Maple Walk ApartmentsNewly Renovated 2 Bedroom Apartments2BR,1BA$1.56
1742 W 6th St, Unit 1742 W 6th St1742 W 6th St2BR,1BA$1.58
River Commons2 Bedroom2BR,1BA$1.31
3207 W 2nd St, Unit B3207 W 2nd St1BR,1BA$1.58

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Wilmington

What type of rentals are currently available in Wilmington?

There are currently 374 Apartments for Rent in Wilmington, DE with pricing that ranges from $790 to $5,659. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $800 to $5,500.

What is the current price range for Rental Homes in Wilmington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wilmington ranges from $800 to $5,500 with an average monthly rent of $2,083.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

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.