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Rental Market Trends in Wilmington, DE

What is the average rent in Wilmington, DE?

$1,587/month

Average Rent

710 Sq Ft

Average Apartment Size

+0.6%

Increase in the Last Year

As of June 2025, the average rent in Wilmington, DE is $1,587 per month. For comparison, the national average rent price in the US is currently $1,627/month, which means Wilmington rent prices are 2% lower than the national average. When you rent an apartment in Wilmington, you can expect to pay about $1,332 per month for a studio, $1,587 for a one-bedroom apartment, and around $1,778 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,083 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,332/month
527 Sq Ft
One Bedroom
$1,587/month
710 Sq Ft
Two Bedroom
$1,778/month
975 Sq Ft
Three Bedroom
$2,083/month
1,421 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,447/month
612 Sq Ft
Three Bedroom
$2,152/month
692 Sq Ft
Four Bedroom
$3,010/month
2,389 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,973/month
751 Sq Ft

How much has average rent changed in Wilmington, DE?

In the past year, rent has increased by 0.6%, which averages out to $10 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Wilmington, DE
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Wilmington, DE
Percentage*
Rent Range
0% Below $700/month
7% $700 - $1,000/month
47% $1,001 - $1,500/month
32% $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, Cool Spring-Tilton Park, Devonshire and Delaware Avenue Historic District are the most affordable neighborhoods in Wilmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cool Spring-Tilton Park
$1,450/month
749 Sq Ft
Devonshire
$1,477/month
717 Sq Ft
Delaware Avenue Historic District
$1,500/month
665 Sq Ft
Hilltop
$1,678/month
645 Sq Ft
Lower Market Historic Dist
$2,035/month
742 Sq Ft
Downtown Wilmington
$2,247/month
733 Sq Ft
Market Street Historic District
$2,256/month
719 Sq Ft
Highlands
$2,382/month
849 Sq Ft
Hedgeville
$2,385/month
841 Sq Ft
Mid-town Brandywine
$2,523/month
703 Sq Ft

What are the most expensive neighborhoods in Wilmington?

Based on current rent prices, Mid-town Brandywine, Hedgeville and Highlands are the most expensive neighborhoods in Wilmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Mid-town Brandywine
$2,523/month
703 Sq Ft
Hedgeville
$2,385/month
841 Sq Ft
Highlands
$2,382/month
849 Sq Ft
Market Street Historic District
$2,256/month
719 Sq Ft
Downtown Wilmington
$2,247/month
733 Sq Ft
Lower Market Historic Dist
$2,035/month
742 Sq Ft
Hilltop
$1,678/month
645 Sq Ft
Delaware Avenue Historic District
$1,500/month
665 Sq Ft
Devonshire
$1,477/month
717 Sq Ft
Cool Spring-Tilton Park
$1,450/month
749 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
$2,247/month
733 Sq Ft
Market Street Historic District
$2,256/month
719 Sq Ft
Mid-town Brandywine
$2,523/month
703 Sq Ft
Lower Market Historic Dist
$2,035/month
742 Sq Ft
Hedgeville
$2,385/month
841 Sq Ft
Cool Spring-Tilton Park
$1,450/month
749 Sq Ft
Hilltop
$1,678/month
645 Sq Ft
Delaware Avenue Historic District
$1,500/month
665 Sq Ft
Highlands
$2,382/month
849 Sq Ft
Devonshire
$1,477/month
717 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 $1,587, you’ll want to make about $5,290 per month or $63,480 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 4.3% higher than the national average. Generally, housing in Wilmington is 0.1% less expensive than the national average, with rent falling between $1,332 - $2,083. You can expect to pay 5.8% more for groceries, 2.3% more for utilities, and 8.4% more for transportation.

City

Wilmington, DE

1,480 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

Cool Spring-Tilton Park

Wilmington, DE

Mid-town Brandywine

Wilmington, DE

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Newport Average Rent
  • 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

Studio - 3 Beds | $1,055 - $5,160

Greenville Place

Greenville Place

220 Presidential Dr,
Wilmington, DE 19807

1-3 Beds | $1,085 - $3,250

The Towers at Greenville

The Towers at Greenville

220 Presidential Dr,
Wilmington, DE 19807

Studio - 3 Beds | $1,075 - $3,050

The Falls

The Falls

200 Mill Rd,
Wilmington, DE 19806

1-3 Beds | $2,395 - $3,995

Property Management Companies in Wilmington, DE

Buccini/Pollin Group, Inc.
Buccini/Pollin Group, Inc.
  • 31

    Communities

  • 6,349

    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
  • 35

    Communities

  • 7,317

    Units

  • 14

    Cities

5 Communities in Wilmington
Riverwood Properties
Riverwood Properties
  • 15

    Communities

  • 1,063

    Units

  • 10

    Cities

3 Communities in Wilmington
Altman Management Company
Altman Management Company
  • 59

    Communities

  • 9,748

    Units

  • 30

    Cities

2 Communities in Wilmington
Sovereign Property Management
Sovereign Property Management
  • 12

    Communities

  • 1,996

    Units

  • 7

    Cities

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

    Communities

  • 2,716

    Units

  • 6

    Cities

2 Communities in Wilmington
Greystar
Greystar
  • 3,264

    Communities

  • 907,134

    Units

  • 842

    Cities

1 Community 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity