Wilmington, DE has a population of 71,276, while the median age is 36. The household income in Wilmington, DE is around $40,221. The homeownership rate among the residents is 46%. The median residential property value in Wilmington, DE that you should keep in mind is $165,300.
Population | 71,276 |
Median Age | 35.7 |
Poverty Rate | 27% |
Household Income | $40,221 |
Number Of Employees | 30,393 |
Median Property Value | $165,300 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $1,438 | -19% |
1-bed apartments | $1,818 | -33.7% |
2-bed apartments | $2,624 | -18.6% |
3-bed apartments | $3,114 | -3.9% |
4+ bed apartments | $5,079 | -55.1% |
Over the May 2023, the average rent for an apartment in/near Wilmington, DE decreased by 28.1% to $2,318.
Compared to the last month, the average price for a rental studio in Wilmington, DE has decreased by 19%. You can expect to rent the studio for $1,438 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 33.7% to $1,818. Pricing for 2-bed apartment also decreased by 18.6% and a place of this size will now cost you $2,624. 3-bed apartment rent pricing starts at $3,114, it decreased by 3.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 55.1% and made it down to $5,079.
Rent Type Price |
May | vs Last Month |
---|---|---|
Townhouses for rent | $2,655 | +7.7% |
Houses for rent | $3,981 | -42.5% |
Condos for rent | $1,473 | -53.4% |
Apartments for rent | $2,065 | -5.8% |
The median rent for an apartment in Wilmington, DE decreased by 5.8% to $2,065. Statistics show that house rent price decreased by 42.5% this month making it up to $3,981. Condos faced an upward trend these days. The median rent for a condo decreased by 53.4%, it’s now available for $1,473. If you’re looking for a room, the price tag still starts at $1,000. The median price did not change this time. The median rent for a townhouse increased by 7.7%, you’ll have to spend around $2,655 to get one.