Cheap Apartments for Rent in Wilmington, DE from $700 (184 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Wilmington.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-50, Page 1 of 4

Wilmington, DE Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Wilmington, DE

Pricing Updated: 06/20/2026

Current apartment rentals in the Wilmington, DE area range in price from $790 to $5,694 with an overall median price of $3,095. The three Wilmington neighborhoods with the lowest median rent pricing are Heritage at $1,105, Linden Hill at $1,105, and Skyline Crest at $1,105. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Heritage$1,989$1,10578
Linden Hill$1,991$1,10539
Skyline Crest$1,991$1,10539
Mermaid$2,275$1,10543
Milltown$2,275$1,10553
Woodcreek$2,275$1,10539
Saint Elizabeth's Area$2,360$79034
Wawaset Park$2,400$790177
Hilltop$2,500$1,08911
Highlands$2,550$790180

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, DE is a 1 Bed unit found at Birchwood at Rodney Court 62+ Community in the Southbridge neighborhood priced from $1,042. Colonial Court in the Southbridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Birchwood at Rodney Court 62+ Community1 BEDROOM1BR,1BA$1,042
Colonial CourtStudio, 1 bathStudio,1BA$1,100
The Rutledge Apartments1Bed1BR,1BA$1,100
Baynard ApartmentsEfficiencyStudio,1BA$1,100
Brandywine ApartmentsEfficiency Apartment1BR,1BA$1,150
The RobinsonVerbena2BR,1BA$1,185
800-802 Adams1 Bed, 1 bath1BR,1BA$1,195
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1,195
Madison Monroe ApartmentsB1BR,1BA$1,200

Best Value Apartments for Rent in Wilmington, DE

As of June 21, 2026 the best value apartment in the Wilmington area is the $1.36 price per square foot Dogwood Model at Dodson Court - Twin Homes in the in the The Flats neighborhood starting from $2,990. The second greatest value Wilmington apartment is the 1403 N Scott St Model at 1403 N Scott St, Unit A starting at $1,700 with a $1.42 price per square foot in the The Flats 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.
Dodson Court - Twin HomesDogwood3BR,2.5BA$1.36
1403 N Scott St, Unit A1403 N Scott St2BR,1BA$1.42
Summit Chase ApartmentsA23BR,2BA$1.52
Westview Apartments2 Bedroom2BR,1.5BA$1.55
Lighthouse Hill Apartments2 Bedroom2BR,1.5BA$1.53
1531 Delaware Ave, Unit Unit 11531 Delaware Ave1BR,1BA$1.60
Riverfront HeightsFairfield*2BR,1BA$1.56
Birchwood at Rodney Court 62+ Community2 BEDROOM2BR,1BA$1.41
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
The RobinsonVerbena2BR,1BA$1.56

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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.

Best Local Schools in
Wilmington, DE

School data provided by Great Schools

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

Explore Wilmington, DE Rentals by Map

Decorative image of map

See the most popular apartments and homes in Wilmington, DE

View Map
Wilmington, DE Apartments Map
View Map
Wilmington, DE Rental Homes Map

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 Colonial Court listed at $1,100.

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

The lowest price for a Cheap One Bedroom Wilmington Apartment is $1,042 at Birchwood at Rodney Court 62+ Community.

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 $1,185 at The Robinson.

What is the most affordable Wilmington Three Bedroom Apartment?

The best deal on a cheap Wilmington Three Bedroom Apartment rental is at Summit Chase Apartments and starts from $1,675.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.