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Rental Market Trends in Wilmington, DE

What is the average rent in Wilmington, DE?

$1,587/month

Average Rent

703 Sq Ft

Average Apartment Size

+0.2%

Increase in the Last Year

As of April 2026, the average rent in Wilmington, DE is $1,587 per month. For comparison, the national average rent price in the US is currently $1,641/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 $1,363 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 $2,142 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,363/month
524 Sq Ft
One Bedroom
$1,587/month
703 Sq Ft
Two Bedroom
$1,778/month
962 Sq Ft
Three Bedroom
$2,142/month
1,471 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,701/month
1,542 Sq Ft
Three Bedroom
$2,229/month
682 Sq Ft
Four Bedroom
$2,991/month
2,246 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,744/month
671 Sq Ft
Three Bedroom
$2,005/month
573 Sq Ft
Four Bedroom
$2,074/month
1,282 Sq Ft

How much has average rent changed in Wilmington, DE?

In the past year, rent has increased by 0.2%, which averages out to $3 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Wilmington, DE
Last Updated April 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
44% $1,001 - $1,500/month
36% $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, Baynard Village, Brandywine Hills and Hilltop are the most affordable neighborhoods in Wilmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Baynard Village
$1,281/month
765 Sq Ft
Brandywine Hills
$1,282/month
526 Sq Ft
Hilltop
$1,322/month
607 Sq Ft
Cool Spring-Tilton Park
$1,491/month
724 Sq Ft
Delaware Avenue Historic District
$1,504/month
711 Sq Ft
Mid-town Brandywine
$1,908/month
710 Sq Ft
Lower Market Historic Dist
$1,925/month
747 Sq Ft
Downtown Wilmington
$1,998/month
730 Sq Ft
Market Street Historic District
$1,998/month
722 Sq Ft
Hedgeville
$2,188/month
847 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
$2,188/month
847 Sq Ft
Downtown Wilmington
$1,998/month
730 Sq Ft
Market Street Historic District
$1,998/month
722 Sq Ft
Lower Market Historic Dist
$1,925/month
747 Sq Ft
Mid-town Brandywine
$1,908/month
710 Sq Ft
Delaware Avenue Historic District
$1,504/month
711 Sq Ft
Cool Spring-Tilton Park
$1,491/month
724 Sq Ft
Hilltop
$1,322/month
607 Sq Ft
Brandywine Hills
$1,282/month
526 Sq Ft
Baynard Village
$1,281/month
765 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
$1,998/month
730 Sq Ft
Market Street Historic District
$1,998/month
722 Sq Ft
Mid-town Brandywine
$1,908/month
710 Sq Ft
Lower Market Historic Dist
$1,925/month
747 Sq Ft
Hedgeville
$2,188/month
847 Sq Ft
Cool Spring-Tilton Park
$1,491/month
724 Sq Ft
Delaware Avenue Historic District
$1,504/month
711 Sq Ft
Baynard Village
$1,281/month
765 Sq Ft
Hilltop
$1,322/month
607 Sq Ft
Brandywine Hills
$1,282/month
526 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 4.1% higher than the national average. Generally, housing in Wilmington is 0.6% less expensive than the national average, with rent falling between $1,363 - $2,142. You can expect to pay 5.4% more for groceries, 2.4% more for utilities, and 8.2% more for transportation.

City

Wilmington, DE

1,392 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

Baynard Village

Wilmington, DE

Hedgeville

Wilmington, DE

Studio
-
$1,729/month
One Bedroom
$980/month
$1,870/month
Two Bedroom
$1,375/month
$2,517/month
Three Bedroom
$1,250/month
$2,930/month
Search
Search

Nearby City Rent Trends

  • Carneys Point 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

Towers at Greenville

Towers at Greenville

220 Presidential Dr,
Wilmington, DE 19807

$1,100 - $3,100

Studio - 3 Beds

Village Park at Paladin

Village Park at Paladin

101 Clifton Park Cir,
Wilmington, DE 19802

$1,050 - $4,330

1-5 Beds

The Falls

The Falls

200 Mill Rd,
Wilmington, DE 19806

$1,995 - $4,195

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
  • 39

    Communities

  • 7,794

    Units

  • 16

    Cities

5 Communities in Wilmington
Riverwood Properties
Riverwood Properties
  • 14

    Communities

  • 908

    Units

  • 9

    Cities

3 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
Greystar
Greystar
  • 3,489

    Communities

  • 960,145

    Units

  • 891

    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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity