Cheap Apartments for Rent in Wilmington, DE from $700 (128 Rentals)

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

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.

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property at 1401 N Broom St

1401 N Broom St

WilmingtonDE19806

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Wilmington, DE Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Wilmington, DE

Pricing Updated: 10/26/2025

Current apartment rentals in the Wilmington, DE area range in price from $650 to $5,800 with an overall median price of $2,999. The three Wilmington neighborhoods with the lowest median rent pricing are Saint Elizabeth's Area at $650, Northwest at $650, and Downtown Wilmington at $650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Saint Elizabeth's Area$1,825$65014
Northwest$1,937$65037
Downtown Wilmington$1,950$65037
East Side Historic District$1,950$75020
Market Street Mall$1,950$65026
Old Swedes Historic District$1,950$75011
Southbridge$1,950$65034
Wilmington Waterfront$1,950$65010
Brandywine Hills$2,000$65032
Northwest Wilmington$2,150$1,3506

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. 2901 N Broom St in the Brandywine Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. 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
2901 N Broom St1 Bedroom1BR,1BA$1,000
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
Colonial CourtStudio, 1 bathStudio,1BA$1,100
Baynard Apartmentsstudio1BR,1BA$1,100

Best Value Apartments for Rent in Wilmington, DE

As of October 26, 2025 the best value apartment in the Wilmington area is the $1.53 price per square foot 2 Bedroom Townhome Model at The Colony Apartments in the in the Brandywine Hills neighborhood starting from $2,200. The second greatest value Wilmington apartment is the 2 Beds, 1 bath Model at Courtyard Apartments starting at $1,425 with a $1.43 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.
The Colony Apartments2 Bedroom Townhome2BR,2BA$1.53
Courtyard Apartments2 Beds, 1 bath2BR,1BA$1.43
Summit Chase Apartments2 Beds, 1 bath2BR,1BA$1.39
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
The Lofts at Clifford Brown Walk1x11BR,1BA$1.23
2901 N Broom St1 Bedroom1BR,1BA$1.43
Cynwood Club Apartments1 Bed, 1 bath1BR,1BA$1.61
Greenview at Chestnut Run1 Bedroom/1 Bathroom1BR,1BA$1.54
1135 Lancaster Ave, Unit B1135 Lancaster Ave1BR,1BA$1.25
603 N Market St, Unit 302603 N Market StStudio ,1BA$1.58

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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

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.

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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!

Explore Wilmington, DE Rentals by Map

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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 Riverfront Heights and starts from $1,570.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.