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Rental Market Trends in Wilmington, DE

What is the average rent in Wilmington, DE?

$1,579/month

Average Rent

702 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of March 2026, the average rent in Wilmington, DE is $1,579 per month. For comparison, the national average rent price in the US is currently $1,626/month, which means Wilmington rent prices are 3% lower than the national average. When you rent an apartment in Wilmington, you can expect to pay about $1,364 per month for a studio, $1,579 for a one-bedroom apartment, and around $1,775 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,120 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,364/month
525 Sq Ft
One Bedroom
$1,579/month
702 Sq Ft
Two Bedroom
$1,775/month
963 Sq Ft
Three Bedroom
$2,120/month
1,471 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,499/month
1,172 Sq Ft
Two Bedroom
$1,720/month
1,447 Sq Ft
Three Bedroom
$2,143/month
613 Sq Ft
Four Bedroom
$2,991/month
1,737 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,016/month
754 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,833/month
774 Sq Ft
Three Bedroom
$2,036/month
771 Sq Ft

How much has average rent changed in Wilmington, DE?

In the past year, rent has increased by 1.3%, which averages out to $21 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Wilmington, DE
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Wilmington, DE
Percentage*
Rent Range
0% Below $700/month
6% $700 - $1,000/month
42% $1,001 - $1,500/month
38% $1,501 - $2,000/month
14% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Wilmington?

Based on current rent prices, Fairthorne, Baynard Village and Devonshire are the most affordable neighborhoods in Wilmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Fairthorne
$1,351/month
712 Sq Ft
Baynard Village
$1,366/month
947 Sq Ft
Devonshire
$1,414/month
703 Sq Ft
Cool Spring-Tilton Park
$1,428/month
674 Sq Ft
Delaware Avenue Historic District
$1,441/month
654 Sq Ft
Lower Market Historic Dist
$1,930/month
744 Sq Ft
Mid-town Brandywine
$1,955/month
706 Sq Ft
Market Street Historic District
$2,003/month
721 Sq Ft
Downtown Wilmington
$2,010/month
729 Sq Ft
Hedgeville
$2,245/month
851 Sq Ft

What are the most expensive neighborhoods in Wilmington?

Based on current rent prices, Hedgeville, Downtown Wilmington and Market Street Historic District are the most expensive neighborhoods in Wilmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hedgeville
$2,245/month
851 Sq Ft
Downtown Wilmington
$2,010/month
729 Sq Ft
Market Street Historic District
$2,003/month
721 Sq Ft
Mid-town Brandywine
$1,955/month
706 Sq Ft
Lower Market Historic Dist
$1,930/month
744 Sq Ft
Delaware Avenue Historic District
$1,441/month
654 Sq Ft
Cool Spring-Tilton Park
$1,428/month
674 Sq Ft
Devonshire
$1,414/month
703 Sq Ft
Baynard Village
$1,366/month
947 Sq Ft
Fairthorne
$1,351/month
712 Sq Ft

Which Wilmington neighborhoods have the most rentals available?

The neighborhoods in Wilmington with the most apartments available are Downtown Wilmington, Market Street Historic District and Mid-town Brandywine .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Wilmington
$2,010/month
729 Sq Ft
Market Street Historic District
$2,003/month
721 Sq Ft
Mid-town Brandywine
$1,955/month
706 Sq Ft
Lower Market Historic Dist
$1,930/month
744 Sq Ft
Hedgeville
$2,245/month
851 Sq Ft
Cool Spring-Tilton Park
$1,428/month
674 Sq Ft
Delaware Avenue Historic District
$1,441/month
654 Sq Ft
Fairthorne
$1,351/month
712 Sq Ft
Baynard Village
$1,366/month
947 Sq Ft
Devonshire
$1,414/month
703 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Wilmington, DE?

Because the average rent in Wilmington is $1,579, you’ll want to make about $5,263 per month or $63,156 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Wilmington, DE is 4.1% higher than the national average. Generally, housing in Wilmington is 0.6% less expensive than the national average, with rent falling between $1,364 - $2,120. You can expect to pay 5.4% more for groceries, 2.4% more for utilities, and 8.2% more for transportation.

City

Wilmington, DE

1,460 Available Apartments for Rent

Search for Nearby Apartments

How does Wilmington, DE compare to other nearby cities and neighborhoods?

Use the tool below to compare Wilmington, DE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Wilmington, DE

Apartment Averages

Fairthorne

Wilmington, DE

Hedgeville

Wilmington, DE

Studio
-
$1,669/month
One Bedroom
-
$1,828/month
Two Bedroom
-
$2,559/month
Three Bedroom
-
$2,931/month
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Nearby City Rent Trends

  • New Castle Average Rent
  • Carneys Point Average Rent
  • Pennsville Average Rent

Apartment communities in Wilmington we think you'll love

The Standard

The Standard

1001 N Orange St,
Wilmington, DE 19801

$1,075 - $5,694

Studio - 3 Beds

The Falls

The Falls

200 Mill Rd,
Wilmington, DE 19806

$2,495 - $4,195

1-3 Beds

Crosby Hill

Crosby Hill

517 N Shipley St,
Wilmington, DE 19801

$1,517 - $4,520

Studio - 2 Beds

Greenville Place Apartments

Greenville Place Apartments

220 Presidential Dr,
Wilmington, DE 19807

$1,135 - $2,575

1-3 Beds

Property Management Companies in Wilmington, DE

Buccini/Pollin Group, Inc.
Buccini/Pollin Group, Inc.
  • 33

    Communities

  • 6,881

    Units

  • 8

    Cities

18 Communities in Wilmington
Evergreen Apartment Group
Evergreen Apartment Group
  • 10

    Communities

  • 1,638

    Units

  • 4

    Cities

7 Communities in Wilmington
Capano Management
Capano Management
  • 37

    Communities

  • 7,600

    Units

  • 16

    Cities

5 Communities in Wilmington
Riverwood Properties
Riverwood Properties
  • 14

    Communities

  • 908

    Units

  • 9

    Cities

3 Communities in Wilmington
Altman Management Company
Altman Management Company
  • 54

    Communities

  • 9,317

    Units

  • 30

    Cities

2 Communities in Wilmington
Oakmark Management
Oakmark Management
  • 18

    Communities

  • 2,537

    Units

  • 12

    Cities

2 Communities in Wilmington
Capital Management Group
Capital Management Group
  • 10

    Communities

  • 2,716

    Units

  • 6

    Cities

2 Communities in Wilmington
Sovereign Property Management
Sovereign Property Management
  • 10

    Communities

  • 1,893

    Units

  • 6

    Cities

2 Communities in Wilmington

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United States Delaware Wilmington Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity