Cheap Apartments for Rent in Wilmington, DE from $500 (114 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 2801 Tatnall St

2801 Tatnall St

WilmingtonDE19802

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Wilmington, DE Local Guide

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Cheapest Neighborhoods for Apartments in Wilmington, DE

Pricing Updated: 12/11/2025

Current apartment rentals in the Wilmington, DE area range in price from $860 to $5,500 with an overall median price of $2,603. The three Wilmington neighborhoods with the lowest median rent pricing are Northwest Wilmington at $1,595, Southbridge at $890, and East Side Historic District at $1,075. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northwest Wilmington$1,662$1,5954
Southbridge$2,050$89032
East Side Historic District$2,100$1,07522
Old Swedes Historic District$2,100$1,50014
Saint Elizabeth's Area$2,100$1,10015
Wilmington Waterfront$2,100$1,32513
Mermaid$2,200$1,8503
Westmoreland$2,200$86027
Hilltop$2,211$86010
Skyline Crest$2,380$1,5504

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, DE is a 1 Bed unit found at The Lofts at Clifford Brown Walk in the Southbridge neighborhood priced from $860. 815 Rosedale Ave in the Brandywine Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Lofts at Clifford Brown Walk1x11BR,1BA$860
815 Rosedale Ave51BR,1BA$950
Greenview at Chestnut Run1 Bedroom/1 Bathroom1BR,1BA$1,003
Meadowview ApartmentsStudioStudio,1BA$1,050
824 N West StStudio, 1 bathStudio,1BA$1,050
800-802 AdamsStudio, 1 bathStudio,1BA$1,050
The Square at TrolleyStudioStudio,1BA$1,095

Best Value Apartments for Rent in Wilmington, DE

As of December 12, 2025 the best value apartment in the Wilmington area is the $1.25 price per square foot 3x2.5 BE Model at Walden Townhomes in the in the Meadowood neighborhood starting from $2,125. The second greatest value Wilmington apartment is the 2711 W 5th St Model at 2711 W 5th St, Unit 2 starting at $1,550 with a $1.00 price per square foot in the Southbridge neighborhood. Here is today’s list of the best values for Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walden Townhomes3x2.5 BE3BR,2.5BA$1.25
2711 W 5th St, Unit 22711 W 5th St2BR,1BA$1.00
The Colony Apartments2 Bedroom Townhome2BR,2BA$1.48
Lighthouse Hill Apartments2 Bedroom2BR,1.5BA$1.45
Courtyard Apartments2 Beds, 1 bath2BR,1BA$1.43
1215 W 7th St, Unit Unit 21215 W 7th St1BR,1BA$1.25
Summit Chase Apartments2 Beds, 1 bath2BR,1BA$1.39
The Lofts at Clifford Brown Walk1x11BR,1BA$1.23
Greenview at Chestnut Run1 Bedroom/1 Bathroom1BR,1BA$1.54
1135 Lancaster Ave, Unit B1135 Lancaster Ave1BR,1BA$1.25

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick Rent Budget Calculator

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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.

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Wilmington Overview

Wilmington, Delaware is a beautiful, small-town-feel city right near the big city of Philadelphia. The history is rich, the weather is beautifully temperate, and residents never run out of things to do or entertainment to experience. If you are looking to move to an apartment in a great Delaware city, you may want to check out some of the options for Wilmington apartments at ApartmentHomeLiving.com.

Why live in Wilmington, DE?

Wilmington is home to a great amount of culture, with several parks, museums, and entertainment opportunities. There are also a few colleges that operate in the city, such as the Delaware College of Art & Design, and the Wilmington campus for the University of Delaware. What really makes this city great however, is the close, cozy feel. Many that live in apartments in Wilmington love that they can easily ride their bike to work, walk to the park, or grab a quick bus to anywhere in the city. Residents also claim that the city is great because it is spitting distance from Philly while considerably cleaner and smaller.

Wilmington, DE
Population: 70,635

Ranked #512

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Wilmington, DE

Walk Score®

65 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Wilmington Apartments

What is the Cheapest Studio apartment in Wilmington?

Currently the most affordable Cheap Studio Apartment in Wilmington is at Meadowview Apartments listed at $1,050.

How much is rent for a Cheap One Bedroom Wilmington Apartment?

The lowest price for a Cheap One Bedroom Wilmington Apartment is $860 at The Lofts at Clifford Brown Walk.

What is the lowest price for a Cheap Two Bedroom Wilmington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wilmington is starting from $901 at The Lofts at Clifford Brown Walk.

What is the most affordable Wilmington Three Bedroom Apartment?

The best deal on a cheap Wilmington Three Bedroom Apartment rental is at Greenville Place and starts from $1,625.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.