Wilmington Apartment Rents Fall 8% Since January 2025

Median rent now $1,687, down from $1,842 a year earlier, according to Zumper data.

Published on Feb. 28, 2026

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Rental listing prices for apartments in Wilmington, Delaware have decreased 8% since January 2025, with the median rent now at $1,687 compared to $1,842 a year earlier, according to an analysis of data from rental marketplace Zumper. One-bedroom apartment rents have dropped 21% over the same period, while two-bedroom rents are down 18%.

Why it matters

The decline in Wilmington apartment rents reflects broader economic trends, including the impact of the pandemic on housing demand and affordability. This data provides insight into the local rental market and could influence decisions by renters, landlords, and policymakers.

The details

The Zumper data covers all bedroom sizes, from studios to four-bedrooms, within the Wilmington metropolitan area. It reflects the median rent for all active rental listings, excluding new construction and occupied units. One-bedroom apartments listed for a median of $1,510 in January 2026, down 21% from $1,920 a year earlier. Two-bedroom units listed for a median of $1,780, an 18% decrease from $2,180 in January 2025.

  • In January 2025, the median rent in Wilmington was $1,842.
  • In January 2026, the median rent in Wilmington was $1,687, an 8% decrease from the prior year.

The players

Zumper

A rental marketplace that aggregates over 1 million active rental listings to calculate median asking rents.

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The takeaway

The decline in Wilmington apartment rents reflects broader economic trends impacting housing affordability, and provides valuable data for renters, landlords, and policymakers to understand the local rental market.