Wilmington renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Wilmington is about $1,453 per month. This puts it in the 75th percentile compared to the state average cost of rent, which is $1,447. Households in Wilmington have a median income of $6,247 per month so the average renter in Wilmington is spending roughly 23% of their earnings on housing.
Nationally, and in Wilmington, home values are the data point most closely correlated with the cost of rent. The median price of a home in Wilmington is $357,732 right now, which is lower than cities nearby, meaning that rents in Wilmington also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of Wilmington while lower rent rates are often available in southern areas.
Nearby Cities
- Elsmere, DE: less expensive rent prices
- Rockland, DE: less expensive rent prices
- Edgemoor, DE: less expensive rent prices
- Newport, DE: less expensive rent prices
- Winterthur, DE: less expensive rent prices
- Bellefonte, DE: less expensive rent prices
- Wilmington Manor, DE: less expensive rent prices
- Ardencroft, DE: more expensive rent prices
- Arden, DE: more expensive rent prices
- Ardentown, DE: less expensive rent prices
Cities with Similar Populations
- Bradenton, FL: more expensive rent prices
- Eugene, OR: less expensive rent prices
- Moreno Valley, CA: more expensive rent prices
- Spring Valley, NV: less expensive rent prices
- Montgomery, AL: less expensive rent prices
- Huntington Beach, CA: more expensive rent prices
- Salt Lake City, UT: more expensive rent prices
- Bayamon, PR: less expensive rent prices
- Brownsville, TX: less expensive rent prices
- Providence, RI: less expensive rent prices
All Local Stats
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