Best Affordable Neighborhoods in Wilmington, DE
Some of the cheapest neighborhoods in Wilmington are Baynard Village, Hilltop, 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 May 1, 2026, the average rent in Wilmington is $1,590, which is 0.3% 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
$1,302/Month
Year-Over-Year Rent Change
1.1%
Units Available
22 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Baynard Village. The average rent is $1,302, compared to the city average of $1,590. Rent prices have increased by 1.1%. Baynard Village is convenient to Delaware Center for Horticulture, Blue Ball Barn, and Widener University.
Hilltop
Average Rent
$1,460/Month
Year-Over-Year Rent Change
0.9%
Units Available
10 Rentals
Hilltop is an affordable neighborhood in Wilmington with an average rent price of $1,460. Compare this to the city average of $1,590. In the past year, rent prices have increased by 0.9%. Hilltop provides easy access to Delaware Center for Horticulture, Philadelphia International, and Brandywine Zoo.
Cool Spring-Tilton Park
Average Rent
$1,483/Month
Units Available
30 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 $1,483, while the city’s average stands at $1,590. Cool Spring-Tilton Park is near The Rockford Shops, Delaware Center for Horticulture, and Neumann University.
Mid-town Brandywine
Average Rent
$1,900/Month
Units Available
149 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 $1,900 while the city average is $1,590. Residents enjoy convenient access to The Rockford Shops, Trolley Square Shopping Center, and Neumann University.
Downtown Wilmington
Average Rent
$1,982/Month
Year-Over-Year Rent Change
3%
Units Available
498 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Downtown Wilmington. The average rent is $1,982, compared to the city average of $1,590. Rent prices have decreased by 3%. Downtown Wilmington is convenient to Goldey-Beacom College, Adams Four, and Delaware Center for Horticulture.
Hedgeville
Average Rent
$2,217/Month
Year-Over-Year Rent Change
3.4%
Units Available
51 Rentals
Hedgeville is an affordable neighborhood in Wilmington with an average rent price of $2,217. Compare this to the city average of $1,590. In the past year, rent prices have decreased by 3.4%. Hedgeville provides easy access to Neumann University, Alapocas Run State Park, and University of Delaware.
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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.