Cheap Apartments for Rent in the Downtown Wilmington Neighborhood of Wilmington, DE from $500 (46 Rentals)

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

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property at 2801 Tatnall St

$1,050 - $1,200

1 Bedroom Rentals

Available Now

2801 Tatnall St

WilmingtonDE19802

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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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.

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Market Street Village
Studio to 1 Bedroom Apartments

Market Street Village

838 N Market StWilmington, DE 19801
  • Utilities Included

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.

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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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811 MKT
1 Bedroom Apartments

811 MKT

811 N Market StWilmington, DE 19801
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426 N Market St
1 Bedroom Apartments

426 N Market St

426 N Market StWilmington, DE 19801
  • Utilities Included
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608mkt
Studio Apartments

608mkt

605 N Market StWilmington, DE 19801

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-46, Page 1 of 1

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 Studio unit found at 824 N West St priced from $1,050. 800-802 Adams has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, DE:

Apartment ListingModel NameBed/BathPriced From
824 N West StStudio, 1 bathStudio,1BA$1,050
800-802 AdamsStudio, 1 bathStudio,1BA$1,050
Baynard Apartmentsstudio1BR,1BA$1,100
The Square at Trolley1E1BR,1BA$1,195
The Lucania1 Bed 1 Bath1BR,1BA$1,225
801 N Market Street0TP2Studio,1BA$1,345
The Mayfair ApartmentsOne Bedroom1BR,1BA$1,385
The Lofts at 2nd and LOMAStudio Apt 233Studio,1BA$1,399

Best Value Apartments for Rent in Downtown Wilmington, DE

As of January 12, 2026 the best value apartment in the Downtown Wilmington area is the $1.87 price per square foot Riverfront Model at The Residences at Christina Landing in the in the Southbridge neighborhood starting from $2,619. The second greatest value Downtown Wilmington apartment is the 1204 Delaware Ave Model at 1204 Delaware Ave, Unit Apt 2 starting at $2,400 with a $1.73 price per square foot in the Southbridge 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.
The Residences at Christina LandingRiverfront2BR,2BA$1.87
1204 Delaware Ave, Unit Apt 21204 Delaware Ave3BR,2BA$1.73
The Residences at Rodney SquareNemours Two Bedroom2BR,2BA$1.70
Westview Apartments2 Bedroom2BR,1.5BA$1.70
Courtyard Apartments2 Beds, 1 bath2BR,1BA$1.43
835-839 N Tatnall St1 Bedroom | 1.5 Baths1BR,1.5BA$1.71
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
301 W 39th St, Unit 1301 W 39th St2BR,1BA$1.76
1135 Lancaster Ave, Unit B room 21135 Lancaster Ave1BR,1BA$1.25
824 N West StStudio, 1 bathStudio ,1BA$1.75

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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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.

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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 #21

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 824 N West St listed at $1,050.

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

The lowest price for a Cheap One Bedroom Downtown Wilmington Apartment is $1,100 at Baynard Apartments.

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 $1,425 at Courtyard Apartments.

What is the most affordable Downtown Wilmington Three Bedroom Apartment?

The best deal on a cheap Downtown Wilmington Three Bedroom Apartment rental is at 801 N Market Street 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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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!