Cheap Homes for Rent in Wilmington, DE from $1,150 (49 Rentals)

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

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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property at 125 N DuPont St

$1,329

Total Monthly Price

Total Monthly Price

Base Rent
$1,329
Total Monthly Price
$1,329

3 Bedroom, 1 Bath Townhome for Rent

Available Now

125 N DuPont St

WilmingtonDE19805

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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property at 9 E 26th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Now

9 E 26th St

WilmingtonDE19802

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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property at 303 Armstrong Ave

$1,615

2 Bedroom, 1 Bath Home for Rent

Available Now

303 Armstrong Ave

WilmingtonDE19805
property at 200 N Connell St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

3 Bedroom, 1 Bath Townhome for Rent

Available Now

200 N Connell St

WilmingtonDE19805
property at 2601 N Heald St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

3 Bedroom, 1 Bath Townhome for Rent

Available Now

2601 N Heald St

WilmingtonDE19802

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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Showing Results 1-49, Page 1 of 1

Wilmington, DE Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, DE

Pricing Updated: 08/21/2026

Current apartment rentals in the Wilmington, DE area range in price from $1,150 to $5,500 with an overall median price of $1,820. The three Wilmington neighborhoods with the lowest median rent pricing are Wilmington Waterfront at $1,600, Saint Elizabeth's Area at $1,647, and East Side Historic District at $1,695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Wilmington Waterfront$1,600$1,15024
Saint Elizabeth's Area$1,647$1,15025
East Side Historic District$1,695$1,20034
Old Swedes Historic District$1,695$1,20018
Hilltop$1,697$1,15014
Market Street Mall$1,697$1,20044
Southbridge$1,697$1,15051
Downtown Wilmington$1,700$1,15054
Bancroft Parkway$1,795$1,15064
Baynard Village$1,795$1,15067

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, DE is a 1 Bed unit found at The Robinson in the Southbridge neighborhood priced from $1,005. Birchwood at Rodney Court 62+ Community in the Southbridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,042. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The RobinsonHibiscus1BR,1BA$1,005
Birchwood at Rodney Court 62+ Community1 BEDROOM1BR,1BA$1,042
Colonial CourtStudio, 1 bathStudio,1BA$1,100
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

Best Value Apartments for Rent in Wilmington, DE

As of August 21, 2026 the best value apartment in the Wilmington area is the $1.42 price per square foot 1403 N Scott St Model at 1403 N Scott St, Unit A in the in the The Flats neighborhood starting from $1,700. The second greatest value Wilmington apartment is the A2 Model at Summit Chase Apartments starting at $1,675 with a $1.52 price per square foot in the Brandywine Hills 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.
1403 N Scott St, Unit A1403 N Scott St2BR,1BA$1.42
Summit Chase ApartmentsA23BR,2BA$1.52
Westview Apartments2 Bedroom2BR,1.5BA$1.55
Lighthouse Hill Apartments2BR - 1.5 BTH2BR,1.5BA$1.50
1215 W 7th St, Unit Apartment 11215 W 7th St1BR,1BA$1.28
Riverfront HeightsSeneca2BR,2BA$1.61
Birchwood at Rodney Court 62+ Community2 BEDROOM2BR,1BA$1.41
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
The Colony Apartments1 Bedroom 1 Bathroom1BR,1BA$1.59
3 Corbin Ct, Unit 3-C Corbin Court3 Corbin Ct1BR,1BA$1.50

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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Best Local Schools in
Wilmington, DE

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Wilmington, DE Rentals by Map

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Frequently Asked Questions about Wilmington

What type of rentals are currently available in Wilmington?

There are currently 390 Apartments for Rent in Wilmington, DE with pricing that ranges from $790 to $25,723. There are also 123 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $1,150 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 $1,150 to $5,500 with an average monthly rent of $2,065.

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.