Cheap Apartments for Rent in the Downtown Wilmington Neighborhood of Wilmington, DE from $638 (88 Rentals)

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

property at 712 N West St

$900

1 Bedroom Rentals

Available Sep 7

712 N West St

WilmingtonDE19801
property at 407 W 8th St

$1,000 - $1,300

1 To 3 Bedroom Rentals

Available Now

407 W 8th St

WilmingtonDE19801

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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.

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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.

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West Center Place
2 to 4 Bedroom Apartments

West Center Place

622 N Jefferson StWilmington, DE 19801
  • Utilities Included
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Market Street Village
Studio to 1 Bedroom Apartments

Market Street Village

838 N Market StWilmington, DE 19801
  • Utilities Included
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West Street Apartments
Studio to 2 Bedroom Apartments

West Street Apartments

1601-1615 West StWilmington, DE 19802
  • Utilities Included
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West Quaker Hill
1 to 2 Bedroom Apartments

West Quaker Hill

226 N West StWilmington, DE 19801

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.

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Downtown Wilmington, Wilmington, DE Local Guide

Cheapest Available Downtown Wilmington Apartments for Rent

 

The cheapest available apartment rental in the Downtown Wilmington area of Wilmington, DE is a 1 Bed unit found at Birchwood at Rodney Court 62+ Community priced from $1,042. The Rutledge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, DE:

Apartment ListingModel NameBed/BathPriced From
Birchwood at Rodney Court 62+ Community1 BEDROOM1BR,1BA$1,042
The Rutledge Apartments1Bed1BR,1BA$1,100
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1,195
800-802 Adams1 Bed, 1 bath1BR,1BA$1,195
Madison Monroe ApartmentsB1BR,1BA$1,200
824 N West St1 Bed, 1 bath1BR,1BA$1,225
West Street Portfolio1 BR 1 Bath1BR,1BA$1,250
825 N Market St1 Beds, 1 Baths1BR,1BA$1,275
Baynard ApartmentsOne Bedroom1BR,1BA$1,300

Best Value Apartments for Rent in Downtown Wilmington, DE

As of August 30, 2026 the best value apartment in the Downtown Wilmington area is the $0.92 price per square foot 505 N Rodney St Model at 505 N Rodney St in the in the Southbridge neighborhood starting from $2,000. The second greatest value Downtown 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 Downtown Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
505 N Rodney St505 N Rodney St2BR,1.5BA$0.92
1403 N Scott St, Unit A1403 N Scott St2BR,1BA$1.42
1215 W 7th St, Unit Apartment 11215 W 7th St1BR,1BA$1.28
Westview Apartments2 Bedroom2BR,1.5BA$1.55
Birchwood at Rodney Court 62+ Community2 BEDROOM2BR,1BA$1.41
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
Madison Monroe ApartmentsA2BR,1BA$1.65
835-839 N Tatnall St1 Bedroom | 1.5 Baths1BR,1.5BA$1.76
824 N West St1 Bed, 1 bath1BR,1BA$1.63
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1.71

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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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.

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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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Pet Friendly Lifestyle
Downtown Wilmington, Wilmington, DE

Ranked #22

Among cities in Delaware for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers works hard to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Wilmington, Wilmington, and the greater Wilmington area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Downtown Wilmington Apartments

What is the Cheapest Studio apartment in Downtown Wilmington?

Currently the most affordable Cheap Studio Apartment in Downtown Wilmington is at 101 dupont place listed at $1,310.

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Wilmington is starting from $1,257 at Birchwood at Rodney Court 62+ Community.

What is the most affordable Downtown Wilmington Three Bedroom Apartment?

The best deal on a cheap Downtown Wilmington Three Bedroom Apartment rental is at The Press and starts from $3,358.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.