Cheap Apartments for Rent in the Wilmington Waterfront Neighborhood of Wilmington, DE from $700 (20 Rentals)

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

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

property at 225 W 4th St

225 W 4th St

WilmingtonDE19801
close
View Me
Market Street Village
Studio to 1 Bedroom Apartments

Market Street Village

838 N Market StWilmington, DE 19801
  • Utilities Included
close
View Me
811 MKT
1 Bedroom Apartments

811 MKT

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

MKT - 608 MKT

605 N Market StWilmington, DE 19801
  • Utilities Included
close
View Me
426 N Market St
1 Bedroom Apartments

426 N Market St

426 N Market StWilmington, DE 19801
  • Utilities Included

Wilmington Waterfront, Wilmington, DE Local Guide

Cheapest Available Wilmington Waterfront Apartments for Rent

 

The cheapest available apartment rental in the Wilmington Waterfront 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 Wilmington Waterfront 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
The Lucania1 Bed 1 Bath1BR,1BA$1,225
The Residences at Rodney SquareBellevue StudioStudio,1BA$1,235
The Residences at Mid-town ParkSM2Studio,1BA$1,365

Best Value Apartments for Rent in Wilmington Waterfront, DE

As of March 24, 2025 the best value apartment in the Wilmington Waterfront 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 Wilmington Waterfront apartment is the 1 Bedroom | 1.5 Baths Model at 835-839 N Tatnall St starting at $1,495 with a $1.71 price per square foot in the Southbridge neighborhood. Here is today’s list of the best values for Wilmington Waterfront apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
430 N West St2BR/2.0BA2BR,2BA$1.78
835-839 N Tatnall St1 Bedroom | 1.5 Baths1BR,1.5BA$1.71
River Commons2 Bedroom2BR,1BA$1.31
PARQ at the Square1bd 1ba1BR,1BA$1.94
Market View ResidencesFranklin1BR,1BA$1.94
Lincoln Square1L3.31BR,1BA$2.05
MKT South6271.10 ADA EuroOne BedStudio ,1BA$2.17
The Lucania1 Bed 1 Bath1BR,1BA$1.88
The Lofts at 2nd and LOMA1 Bed 1 Bath Apt 2381BR,1BA$2.19
The Rutledge ApartmentsOne Bedroom with Private Outisde Entrance1BR,1BA$2.00

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

Pet Friendly Lifestyle
Wilmington Waterfront, Wilmington, DE

Ranked #13

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Wilmington Waterfront Apartments

What is a cheap apartment in Wilmington Waterfront?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wilmington Waterfront is under $1,495.

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

The cheapest apartment in Wilmington Waterfront is The Rutledge Apartments which is listed at $1,100, while the average apartment in Wilmington Waterfront costs $2,794.

What types of apartments are the cheapest in Wilmington Waterfront?

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 81 regular apartments in Wilmington Waterfront 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 Waterfront?

Cheap apartments in Wilmington Waterfront have an average cost of $108 which is $2,686 cheaper than the average rent for all rentals in Wilmington Waterfront.

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 What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.