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Rental Market Trends in Wilmington, DE

Updated July 2026

The average rent in Wilmington, DE is $1,598/month.

Rent in Wilmington is roughly equal to the national average rent of of $1,663/month.

$1,598/month

Average Rent

700 Sq Ft

Average Size

+1.3%

Change / Year

1,420

Available Apartments

Wilmington rent varies by unit size and layout:

  • Studio apartments in Wilmington average $1,413 per month.
  • One-bedroom apartments in Wilmington average $1,598 per month.
  • Two-bedroom apartments in Wilmington average $1,813 per month.
  • Three-bedroom apartments in Wilmington average $2,163 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,413/month
513 Sq Ft
One Bedroom
$1,598/month
700 Sq Ft
Two Bedroom
$1,813/month
965 Sq Ft
Three Bedroom
$2,163/month
1,471 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,589/month
1,832 Sq Ft
Three Bedroom
$2,337/month
1,028 Sq Ft
Four Bedroom
$2,599/month
1,647 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,552/month
636 Sq Ft
Three Bedroom
$2,240/month
1,134 Sq Ft
View Wilmington Apartments

How much has average rent changed in Wilmington, DE?

In the past year, rent has increased by 1.3%, which averages out to $20 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Wilmington, DE

July 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
41% $1,001 - $1,500/month
38% $1,501 - $2,000/month
15% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Wilmington?

Based on current rent prices, Baynard Village, Cool Spring-Tilton Park and Hilltop are the most affordable neighborhoods in Wilmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Baynard Village
$1,275/month
764 Sq Ft
Cool Spring-Tilton Park
$1,473/month
690 Sq Ft
Hilltop
$1,521/month
656 Sq Ft
Mid-town Brandywine
$1,889/month
727 Sq Ft
Downtown Wilmington
$1,953/month
741 Sq Ft
Hedgeville
$2,125/month
837 Sq Ft

What are the most expensive neighborhoods in Wilmington?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hedgeville
$2,125/month
837 Sq Ft
Downtown Wilmington
$1,953/month
741 Sq Ft
Mid-town Brandywine
$1,889/month
727 Sq Ft
Hilltop
$1,521/month
656 Sq Ft
Cool Spring-Tilton Park
$1,473/month
690 Sq Ft
Baynard Village
$1,275/month
764 Sq Ft

Which Wilmington neighborhoods have the most rentals available?

The neighborhoods in Wilmington with the most apartments available are Downtown Wilmington, Mid-town Brandywine and Hedgeville .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Wilmington
$1,953/month
741 Sq Ft
Mid-town Brandywine
$1,889/month
727 Sq Ft
Hedgeville
$2,125/month
837 Sq Ft
Cool Spring-Tilton Park
$1,473/month
690 Sq Ft
Hilltop
$1,521/month
656 Sq Ft
Baynard Village
$1,275/month
764 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 $1,598, you’ll want to make about $5,326 per month or $63,912 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 $1,413 - $2,163. You can expect to pay 5.4% more for groceries, 2.9% more for utilities, and 8.2% more for transportation.

City

Wilmington, DE

1,420 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.

View the Wilmington Area Guide

Apartment Averages

Baynard Village

Wilmington, DE

Hedgeville

Wilmington, DE

Studio
-
$1,920/month
One Bedroom
$983/month
$1,863/month
Two Bedroom
$1,378/month
$2,714/month
Three Bedroom
$1,255/month
$2,930/month
View Rentals
View Rentals

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Newport

    Newport

  • New Castle

    New Castle

  • Carneys Point

    Carneys Point

Apartment Communities in Wilmington We Think You'll Love

The Standard

The Standard

1001 N Orange St,
Wilmington, DE 19801

Studio - 3 Beds | $1,075 - $5,694

The Falls

The Falls

200 Mill Rd,
Wilmington, DE 19806

1-3 Beds | $2,595 - $3,895

Greenville Place Apartments

Greenville Place Apartments

220 Presidential Dr,
Wilmington, DE 19807

1-3 Beds | $1,150 - $2,700

Towers at Greenville

Towers at Greenville

220 Presidential Dr,
Wilmington, DE 19807

Studio - 3 Beds | $1,150 - $3,100

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Frequently Asked Questions

What is the average rent in Wilmington?

The average rent in Wilmington is $1,598 per month, which is 3.9% lower than the national average of $1,663.

What is the average rent for a house in Wilmington?

The average rent for a house in Wilmington, DE is $2,337 per month.

What is the average rent for a townhome in Wilmington?

The average rent for a townhome in Wilmington, DE is $1,552 per month.

Are rents going up or down in Wilmington?

Rents in Wilmington, DE are increasing, with prices up 1.3% year-over-year and $20 more per month.

What rent range is most common in Wilmington?

In Wilmington, DE, 41% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 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