The Towers at Greenville
220 Presidential Dr,
Wilmington, DE 19807
Studio - 3 Beds | $1,075 - $3,050
Rental Market Trends in Wilmington, DE
What is the average rent in Wilmington, DE?
$1,524/month
Average Rent
710 Sq Ft
Average Apartment Size
+3.6%
Increase in the Last Year
As of December 2024, the average rent in Wilmington, DE is $1,524 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Wilmington rent prices are 2% lower than the national average. When you rent an apartment in Wilmington, you can expect to pay about $1,324 per month for a studio, $1,524 for a one-bedroom apartment, and around $1,767 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,097 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Wilmington, DE?
In the past year, rent has increased by 3.6%, which averages out to $55 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Wilmington, DE
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
9%
$700 - $1,000/month
46%
$1,001 - $1,500/month
35%
$1,501 - $2,000/month
10%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Wilmington?
Based on current rent prices, Westmoreland, Northwest Wilmington and Brandywine Hills are the most affordable neighborhoods in Wilmington.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Wilmington?
Based on current rent prices, Hedgeville, Highlands and Bancroft Parkway are the most expensive neighborhoods in Wilmington.
Neighborhood
Average Rent
Average Sq Ft
Which Wilmington neighborhoods have the most rentals available?
The neighborhoods in Wilmington with the most apartments available are Downtown Wilmington, Mid-town Brandywine and Hedgeville .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Wilmington, DE?
Because the average rent in Wilmington is $1,524, you’ll want to make about $5,080 per month or $60,960 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Wilmington, DE compare to other nearby cities and neighborhoods?
Use the tool below to compare Wilmington, DE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$1,642/month
One Bedroom
-
$1,924/month
Two Bedroom
-
$2,468/month
Three Bedroom
-
$2,641/month
Nearby City Rent Trends
Apartment communities in Wilmington we think you'll love
Property Management Companies in Wilmington, DE
Buccini/Pollin Group, Inc.
-
25
Communities
-
5,548
Units
-
5
Cities
17 Communities in Wilmington
Evergreen Apartment Group
-
10
Communities
-
1,638
Units
-
4
Cities
7 Communities in Wilmington
Capano Management
-
35
Communities
-
7,317
Units
-
14
Cities
5 Communities in Wilmington
Oakmark Management
-
18
Communities
-
2,646
Units
-
12
Cities
3 Communities in Wilmington
Riverwood Properties
-
15
Communities
-
1,148
Units
-
10
Cities
3 Communities in Wilmington
Sovereign Property Management
-
12
Communities
-
2,001
Units
-
7
Cities
2 Communities in Wilmington
Capital Management Group
-
10
Communities
-
2,716
Units
-
6
Cities
2 Communities in Wilmington
Greystar
-
3,184
Communities
-
881,592
Units
-
828
Cities
1 Community in Wilmington
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.