Cheap Homes for Rent in Wilmington, DE from $1,100 (29 Rentals)

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

property at 306 Concord Ave

$1,195 - $1,350

2 To 3 Bedroom Rentals

Available Now

306 Concord Ave

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.

property at 88 W Pitman St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

88 W Pitman St

Penns GroveNJ08069

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.

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.

property at 303 Armstrong Ave

$1,615

2 Bedroom, 1 Bath Home for Rent

Available Now

303 Armstrong Ave

WilmingtonDE19805
property at 7 Rockford Rd

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 2 Bath Condo for Rent

Available Now

7 Rockford Rd, Unit E-25

7 Rockford Rd
WilmingtonDE19806

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.

Wilmington, DE Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, DE

Pricing Updated: 04/01/2026

Current apartment rentals in the Wilmington, DE area range in price from $554 to $5,694 with an overall median price of $3,282. The three Wilmington neighborhoods with the lowest median rent pricing are Saint Elizabeth's Area at $790, Linden Hill at $1,100, and Skyline Crest 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
Saint Elizabeth's Area$1,800$79034
Linden Hill$1,984$1,10046
Skyline Crest$1,984$1,10044
Heritage$1,994$1,10069
Mermaid$2,275$1,10038
Milltown$2,275$1,10048
Woodcreek$2,275$1,10035
Hilltop$2,832$85017
Bancroft Parkway$2,875$554355
The Flats$2,875$554350

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. Brandywine Hills Apartments in the Brandywine Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,089. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowview ApartmentsStudioStudio,1BA$1,025
Brandywine Hills ApartmentsJr. 1BR1BR,1BA$1,089
The Rutledge Apartments1Bed1BR,1BA$1,100
Baynard ApartmentsEfficiencyStudio,1BA$1,100
Colonial CourtStudio, 1 bathStudio,1BA$1,100
Greenville Place Apartments1JRDLX1BR,1BA$1,135
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1,195
Gilpin Place ApartmentsStudioStudio,1BA$1,197

Best Value Apartments for Rent in Wilmington, DE

As of April 01, 2026 the best value apartment in the Wilmington area is the $1.56 price per square foot PENT Model at Wawaset Park Associates LLC in the in the Southbridge neighborhood starting from $2,500. The second greatest value Wilmington apartment is the 1403 N Scott St Model at 1403 N Scott St, Unit A starting at $1,700 with a $1.42 price per square foot in the The Flats 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.
Wawaset Park Associates LLCPENT2BR,2BA$1.56
1403 N Scott St, Unit A1403 N Scott St2BR,1BA$1.42
Summit Chase Apartments3 Beds, 2 baths3BR,2BA$1.52
Arbor Pointe ApartmentsThe Douglas2BR,2BA$1.55
The ChateauThe Baton Rouge2BR,2BA$1.57
1215 W 7th St, Unit Apartment 11215 W 7th St1BR,1BA$1.28
Riverfront HeightsFairfield2BR,1BA$1.44
102 W 30th St102 W 30th St2BR,1BA$1.51
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
1203 Delaware Ave, Unit 21203 Delaware AveStudio ,1BA$1.42

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 388 Apartments for Rent in Wilmington, DE with pricing that ranges from $554 to $5,694. There are also 92 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $1,100 to $4,300.

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 $4,300 with an average monthly rent of $2,120.

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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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.