Cheap Homes for Rent in Wilmington, DE from $800 (22 Rentals)

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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.

property at 14 S Rodney Dr

$1,500

3 Bedroom, 1 Bath Home for Rent

Available Jan 1, 2026

14 S Rodney Dr

WilmingtonDE19809

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.

Wilmington, DE Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, DE

Pricing Updated: 12/18/2025

Current apartment rentals in the Wilmington, DE area range in price from $860 to $5,500 with an overall median price of $2,598. The three Wilmington neighborhoods with the lowest median rent pricing are Milltown at $1,500, Southbridge at $1,100, and East Side Historic District at $1,075. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Milltown$1,500$1,5001
Southbridge$2,050$1,10045
East Side Historic District$2,100$1,07530
Old Swedes Historic District$2,100$1,29523
Saint Elizabeth's Area$2,100$1,10021
Wilmington Waterfront$2,100$1,30022
Mermaid$2,200$1,8502
Northwest Wilmington$2,200$1,5954
Westmoreland$2,200$86030
Hilltop$2,211$86013

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. Meadowview Apartments in the Penns Beach neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. 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
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

Best Value Apartments for Rent in Wilmington, DE

As of December 19, 2025 the best value apartment in the Wilmington area is the $1.23 price per square foot 3x2.5 B Model at Walden Townhomes in the in the Meadowood neighborhood starting from $2,095. The second greatest value Wilmington apartment is the 2711 W 5th St Model at 2711 W 5th St, Unit 2 starting at $1,550 with a $1.00 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.
Walden Townhomes3x2.5 B3BR,2.5BA$1.23
2711 W 5th St, Unit 22711 W 5th St2BR,1BA$1.00
The Colony Apartments2 Bedroom Townhome2BR,2BA$1.48
Lighthouse Hill Apartments2 Bedroom2BR,1.5BA$1.50
Courtyard Apartments2 Beds, 1 bath2BR,1BA$1.43
1215 W 7th St, Unit Unit 21215 W 7th St1BR,1BA$1.25
Summit Chase Apartments2 Beds, 1 bath2BR,1BA$1.39
The Lofts at Clifford Brown Walk1x11BR,1BA$1.23
3 Corbin Ct, Unit 3-B Corbin Court3 Corbin Ct1BR,1BA$1.41
603 N Market St, Unit 302603 N Market StStudio ,1BA$1.58

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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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!

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Frequently Asked Questions about Wilmington

What type of rentals are currently available in Wilmington?

There are currently 387 Apartments for Rent in Wilmington, DE with pricing that ranges from $554 to $5,694. There are also 125 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $860 to $5,500.

What is the current price range for Rental Homes in Wilmington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wilmington ranges from $860 to $5,500 with an average monthly rent of $1,956.

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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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! 

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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.