Cheapest Neighborhoods in Wilmington, DE
Some of the cheapest neighborhoods in Wilmington are Baynard Village, Cool Spring-Tilton Park, and Hilltop. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of June 15, 2026, the average rent in Wilmington is $1,599, which is 0.9% 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
$1,264/Month
Year-Over-Year Rent Change
1.1%
Units Available
16 Rentals
Baynard Village is an affordable neighborhood in Wilmington with an average rent price of $1,264. Compare this to the city average of $1,599. In the past year, rent prices have increased by 1.1%. Baynard Village provides easy access to Neumann University, Wilmington State Parks, and Trolley Square Shopping Center.
Cool Spring-Tilton Park
Average Rent
$1,480/Month
Units Available
25 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 $1,480, while the city’s average stands at $1,599. Cool Spring-Tilton Park is near Philadelphia International, Alapocas Run State Park, and Goldey-Beacom College.
Hilltop
Average Rent
$1,749/Month
Year-Over-Year Rent Change
0.9%
Units Available
14 Rentals
Hilltop is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hilltop is $1,749 while the city average is $1,599. This is a 0.9% difference from last year. Residents enjoy convenient access to Wilmington University, Alapocas Run State Park, and Philadelphia International.
Mid-town Brandywine
Average Rent
$1,888/Month
Units Available
144 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Mid-town Brandywine. The average rent is $1,888, compared to the city average of $1,599. Mid-town Brandywine is convenient to Goldey-Beacom College, The Rockford Shops, and University of Delaware.
Downtown Wilmington
Average Rent
$1,954/Month
Year-Over-Year Rent Change
2.8%
Units Available
436 Rentals
Downtown Wilmington is an affordable neighborhood in Wilmington with an average rent price of $1,954. Compare this to the city average of $1,599. In the past year, rent prices have decreased by 2.8%. Downtown Wilmington provides easy access to Wilmington University, Blue Ball Barn, and Shipyard Dinning.
Hedgeville
Average Rent
$2,249/Month
Year-Over-Year Rent Change
4.1%
Units Available
55 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 $2,249, while the city’s average stands at $1,599. In the last year, prices have decreased by 4.1%. Hedgeville is near Shipyard Center, Philadelphia International, 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.