Cheap Homes for Rent in Wilmington, DE from $1,100 (36 Rentals)

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

property at 5420 Valley Green Dr

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425
Total Monthly Price
$1,425

1 Bedroom, 1 Bath Condo for Rent

Available Mar 15

5420 Valley Green Dr, Unit C-1

5420 Valley Green Dr
WilmingtonDE19808

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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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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property at 303 Armstrong Ave

$1,615

2 Bedroom, 1 Bath Home for Rent

Available Now

303 Armstrong Ave

WilmingtonDE19805

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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Showing Results 1-36, Page 1 of 1

Wilmington, DE Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, DE

Pricing Updated: 02/14/2026

Current apartment rentals in the Wilmington, DE area range in price from $1,100 to $3,800 with an overall median price of $2,505. The three Wilmington neighborhoods with the lowest median rent pricing are Bancroft Parkway at $1,100, Browntown at $1,100, and Compton Village at $1,100. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bancroft Parkway$2,200$1,10060
Browntown$2,200$1,10063
Compton Village$2,200$1,10063
Hedgeville$2,200$1,10064
Highlands$2,200$1,10057
Hilltop$2,200$1,10021
Saint Elizabeth's Area$2,200$1,10027
Southbridge$2,200$1,10055
The Flats$2,200$1,10055
Union Park Gardens$2,200$1,10054

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, DE is a Studio unit found at Meadowview Apartments in the Penns Beach neighborhood priced from $1,025. 824 N West St in the Southbridge 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
Meadowview ApartmentsStudioStudio,1BA$1,025
824 N West StStudio, 1 bathStudio,1BA$1,050
Colonial CourtStudio, 1 bathStudio,1BA$1,100
Baynard Apartmentsstudio1BR,1BA$1,100
Greenview at Chestnut Run1 Bedroom/1 Bathroom1BR,1BA$1,132
The RobinsonHibiscus1BR,1BA$1,135
Riverfront HeightsCypress1BR,1BA$1,159
Brandywine Hills ApartmentsEnd Unit1BR,1BA$1,189
600 N Washington St1 Bed, 1 bath1BR,1BA$1,190
The Square at TrolleyStudioStudio,1BA$1,195

Best Value Apartments for Rent in Wilmington, DE

As of February 15, 2026 the best value apartment in the Wilmington area is the $1.23 price per square foot 3x2.5 BE 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 BE3BR,2.5BA$1.23
2711 W 5th St, Unit 22711 W 5th St2BR,1BA$1.00
The Colony Apartments2 Bedroom Townhome2BR,2BA$1.39
1403 N Scott St, Unit A1403 N Scott St2BR,1BA$1.42
Summit Chase Apartments3 Beds, 2 baths3BR,2BA$1.52
Lighthouse Hill Apartments2 Bedroom Townhome2BR,1.5BA$1.50
Courtyard Apartments2 Beds, 1 bath2BR,1BA$1.43
1912 W 3rd St, Unit F1912 W 3rd St2BR,1BA$1.64
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
Arbor Pointe ApartmentsThe Arbor1BR,1BA$1.64

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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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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See the most popular apartments and homes in Wilmington, DE

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Frequently Asked Questions about Wilmington

What type of rentals are currently available in Wilmington?

There are currently 380 Apartments for Rent in Wilmington, DE with pricing that ranges from $554 to $5,864. There are also 114 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $1,100 to $3,750.

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 $1,100 to $3,750 with an average monthly rent of $2,079.

How much are larger Three and Four Bedroom Rentals in Wilmington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wilmington range from $1,080 to $5,864, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $2,150.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.