Cheap Apartments for Rent in the Downtown Wilmington Neighborhood of Wilmington, DE from $700 (79 Rentals)

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

property at 1305 N Broom St

$1,025 - $1,695

Studio To 1 Bedroom Rentals

Available Now

1305 N Broom St

WilmingtonDE19806

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Market Street Village
Studio to 1 Bedroom Apartments

Market Street Village

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

West Street Apartments

1601-1615 West StWilmington, DE 19802
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811 MKT
1 Bedroom Apartments

811 MKT

811 N Market StWilmington, DE 19801

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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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
Baynard ApartmentsEfficiencyStudio,1BA$1,100
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1,195
Madison Monroe ApartmentsB1BR,1BA$1,200
The Lucania1 Bed 1 Bath1BR,1BA$1,225
824 N West St1 Bed, 1 bath1BR,1BA$1,225
The Mayfair ApartmentsOne Bedroom1BR,1BA$1,385

Best Value Apartments for Rent in Downtown Wilmington, DE

As of May 31, 2026 the best value apartment in the Downtown Wilmington area is the $1.37 price per square foot 1007 Park Pl Model at 1007 Park Pl, Unit Apartment B in the in the Southbridge neighborhood starting from $2,600. The second greatest value Downtown Wilmington apartment is the 2 Bedroom Model at Westview Apartments starting at $1,550 with a $1.55 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.
1007 Park Pl, Unit Apartment B1007 Park Pl4BR,1.5BA$1.37
Westview Apartments2 Bedroom2BR,1.5BA$1.55
1215 W 7th St, Unit Apartment 11215 W 7th St1BR,1BA$1.28
Birchwood at Rodney Court 62+ Community2 BEDROOM2BR,1BA$1.41
835-839 N Tatnall St1 Bedroom | 1.5 Baths1BR,1.5BA$1.71
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
Madison Monroe ApartmentsA2BR,1BA$1.65
824 N West St1 Bed, 1 bath1BR,1BA$1.63
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1.71
603 N Market St, Unit 301603 N Market StStudio ,1BA$1.65

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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Pet Friendly Lifestyle
Downtown Wilmington, Wilmington, DE

Ranked #19

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 Baynard Apartments listed at $1,100.

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.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.