Cheapest Neighborhoods in Wilmington, DE
Some of the cheapest neighborhoods in Wilmington are Baynard Village, Cool Spring, and Cool Spring-Tilton Park. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of September 14, 2026, the average rent in Wilmington is $1,612, which is 1.7% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Baynard Village
Average Rent
$1,275/Month
Year-Over-Year Rent Change
0.1%
Units Available
14 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Baynard Village. The average rent is $1,275, compared to the city average of $1,612. Rent prices have decreased by 0.1%. Baynard Village is convenient to Wilmington University, Delaware Center for Horticulture, and 1200 Northeast Blvd.
Cool Spring
Average Rent
$1,458/Month
Units Available
13 Rentals
Cool Spring is an affordable neighborhood in Wilmington with an average rent price of $1,458. Compare this to the city average of $1,612. Cool Spring provides easy access to Goldey-Beacom College, Wilmington Airport, and University of Delaware.
Cool Spring-Tilton Park
Average Rent
$1,663/Month
Units Available
43 Rentals
If you’re looking for a great, affordable neighborhood in Wilmington, Cool Spring-Tilton Park might be the perfect place! It has an average rent price of $1,663, while the city’s average stands at $1,612. Cool Spring-Tilton Park is near Brandywine Zoo, Neumann University, and 1010 N Union St.
Mid-town Brandywine
Average Rent
$1,938/Month
Units Available
165 Rentals
Mid-town Brandywine is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mid-town Brandywine is $1,938 while the city average is $1,612. Residents enjoy convenient access to Wilmington Airport, Adams Four, and Delaware Center for Horticulture.
Downtown Wilmington
Average Rent
$1,942/Month
Year-Over-Year Rent Change
0.7%
Units Available
454 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Downtown Wilmington. The average rent is $1,942, compared to the city average of $1,612. Rent prices have decreased by 0.7%. Downtown Wilmington is convenient to Neumann University, Alapocas Run State Park, and 1200 Northeast Blvd.
Hilltop
Average Rent
$2,144/Month
Year-Over-Year Rent Change
1%
Units Available
25 Rentals
Hilltop is an affordable neighborhood in Wilmington with an average rent price of $2,144. Compare this to the city average of $1,612. In the past year, rent prices have increased by 1%. Hilltop provides easy access to Wilmington Airport, Hagley Museum and Library, and Wilmington University.
Hedgeville
Average Rent
$2,247/Month
Year-Over-Year Rent Change
1.5%
Units Available
140 Rentals
If you’re looking for a great, affordable neighborhood in Wilmington, Hedgeville might be the perfect place! It has an average rent price of $2,247, while the city’s average stands at $1,612. In the last year, prices have increased by 1.5%. Hedgeville is near Justison Landing, Alapocas Run State Park, and Wilmington State Parks.
Highlands
Average Rent
$2,499/Month
Year-Over-Year Rent Change
3%
Units Available
12 Rentals
Highlands is a top choice for budget-conscious renters for a variety of reasons. The average rent in Highlands is $2,499 while the city average is $1,612. This is a -3% difference from last year. Residents enjoy convenient access to Wilmington University, Hagley Museum and Library, and Delaware Center for Horticulture.
Ready to make your move to Wilmington? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.