Cheapest Neighborhoods in Wilmington, DE
Some of the cheapest neighborhoods in Wilmington are Baynard Village, Cool Spring-Tilton Park, and Delaware Avenue Historic District. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of July 31, 2026, the average rent in Wilmington is $1,609, which is 1.5% 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
$1,270/Month
Year-Over-Year Rent Change
0.2%
Units Available
15 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Baynard Village. The average rent is $1,270, compared to the city average of $1,609. Rent prices have decreased by 0.2%. Baynard Village is convenient to Wilmington University, The Shops of Miller Road, and Blue Ball Barn.
Cool Spring-Tilton Park
Average Rent
$1,479/Month
Units Available
30 Rentals
Cool Spring-Tilton Park is an affordable neighborhood in Wilmington with an average rent price of $1,479. Compare this to the city average of $1,609.
Delaware Avenue Historic District
Average Rent
$1,502/Month
Units Available
27 Rentals
If you’re looking for a great, affordable neighborhood in Wilmington, Delaware Avenue Historic District might be the perfect place! It has an average rent price of $1,502, while the city’s average stands at $1,609.
Happy Valley
Average Rent
$1,506/Month
Units Available
26 Rentals
Happy Valley is a top choice for budget-conscious renters for a variety of reasons. The average rent in Happy Valley is $1,506 while the city average is $1,609.
Hilltop
Average Rent
$1,584/Month
Year-Over-Year Rent Change
0.9%
Units Available
16 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Hilltop. The average rent is $1,584, compared to the city average of $1,609. Rent prices have increased by 0.9%. Hilltop is convenient to Goldey-Beacom College, Hagley Museum and Library, and 707-715 N Union St.
Lower Market Historic Dist
Average Rent
$1,891/Month
Units Available
126 Rentals
Lower Market Historic Dist is an affordable neighborhood in Wilmington with an average rent price of $1,891. Compare this to the city average of $1,609.
Mid-town Brandywine
Average Rent
$1,914/Month
Units Available
127 Rentals
If you’re looking for a great, affordable neighborhood in Wilmington, Mid-town Brandywine might be the perfect place! It has an average rent price of $1,914, while the city’s average stands at $1,609. Mid-town Brandywine is near Wilmington State Parks, 3 W 4th St, and Wilmington Airport.
Downtown Wilmington
Average Rent
$1,946/Month
Year-Over-Year Rent Change
0.7%
Units Available
403 Rentals
Downtown Wilmington is a top choice for budget-conscious renters for a variety of reasons. The average rent in Downtown Wilmington is $1,946 while the city average is $1,609. This is a -0.7% difference from last year. Residents enjoy convenient access to Adams Four, Wilmington Airport, and Philadelphia International.
Market Street Historic District
Average Rent
$1,946/Month
Units Available
377 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Market Street Historic District. The average rent is $1,946, compared to the city average of $1,609.
Hedgeville
Average Rent
$2,212/Month
Year-Over-Year Rent Change
0.1%
Units Available
109 Rentals
Hedgeville is an affordable neighborhood in Wilmington with an average rent price of $2,212. Compare this to the city average of $1,609. In the past year, rent prices have increased by 0.1%. Hedgeville provides easy access to Alapocas Run State Park, Neumann University, and Shipyard Dinning.
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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.