Wilmington / Riverfront, DE

August 2026

19801,19802,19805

Long-term Rental Rates

Apartment

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,343 – $1,446 -5.33% -3.11%
2-Bedroom $1,541 – $1,669 -2.62% -0.07%
3-Bedroom $2,174 – $2,318 0.66% -4.12%
4-Bedroom $2,874 – $2,973 0.84% 2.73%

Condo/Townhome

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,433 – $1,507 -3.27% -7.38%
2-Bedroom $1,559 – $1,713 -4.63% -5.59%
3-Bedroom $1,857 – $2,052 -0.10% -21.36%
4-Bedroom $2,429 – $2,658 -13.85% -12.62%

Single-Family

Unit Type Price 1 Mo Change 1 Yr Change
1-Bedroom $1,492 – $1,591 -1.26% -5.64%
2-Bedroom $1,562 – $1,642 -0.24% -2.13%
3-Bedroom $1,754 – $1,939 2.31% 6.03%
4-Bedroom $2,131 – $2,286 5.04% 8.33%
Data updated: September 25, 2026
Wilmington / Riverfront Rental Trends

In the Wilmington / Riverfront (19801, 19802, 19805) rental market, the median rent for 2-bedroom apartments climbed to $1,571, marking an 11.74% increase year-over-year. This growth highlights elevated demand and price appreciation in the mid-sized apartment segment compared to more modest gains in other apartment types.

While most segments increased, 3-bedroom condo/townhomes in Wilmington / Riverfront (19801, 19802, 19805) registered a median rent of $1,928—a steep 22.49% year-over-year decline. This drop notably exceeds the 5.91% YoY decrease seen in 3-bedroom apartments, underscoring sharper softening for larger condo offerings.

Among larger units, Wilmington / Riverfront (19801, 19802, 19805) rental trends reveal 4-bedroom single-family homes at $2,095, a 5.52% annual increase. Although 4-bedroom condo/townhomes rose just 2.13% to $2,971, the single-family segment trails by $876, indicating that condo/townhome rents have a premium despite slower YoY growth.

12-Month Median Rent Trend

Apartment

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,394 $1,605 $2,246 $2,909
July 2026 $1,316 $1,571 $2,239 $2,893
June 2026 $1,628 $1,662 $2,229 $2,874
May 2026 $1,630 $1,644 $2,137 $2,824
April 2026 $1,618 $1,686 $2,179 $2,787
March 2026 $1,649 $1,727 $2,240 $2,766
February 2026 $1,630 $1,631 $2,261 $2,774
January 2026 $1,483 $1,590 $2,248 $2,794
December 2025 $1,503 $1,658 $2,284 $2,815
November 2025 $1,500 $1,701 $2,292 $2,825
October 2025 $1,534 $1,688 $2,316 $2,828
September 2025 $1,476 $1,711 $2,339 $2,834

Condo / Townhome

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,470 $1,636 $1,955 $2,544
July 2026 $1,428 $1,611 $1,928 $2,971
June 2026 $1,511 $1,739 $1,964 $2,804
May 2026 $1,559 $1,729 $1,965 $2,784
April 2026 $1,559 $1,596 $1,958 $2,697
March 2026 $1,606 $1,852 $2,445 $2,850
February 2026 $1,625 $1,744 $2,414 $2,841
January 2026 $1,606 $1,823 $2,407 $2,846
December 2025 $1,625 $1,834 $2,425 $2,861
November 2025 $1,624 $1,874 $2,448 $2,883
October 2025 $1,642 $1,784 $2,468 $2,906
September 2025 $1,596 $1,905 $2,477 $2,918

Single-Family

Month 1 BR 2 BR 3 BR 4 BR
August 2026 $1,542 $1,602 $1,847 $2,208
July 2026 $1,582 $1,591 $1,922 $2,095
June 2026 $1,477 $1,625 $1,820 $2,103
May 2026 $1,513 $1,612 $1,839 $2,094
April 2026 $1,540 $1,545 $1,803 $2,082
March 2026 $1,637 $1,557 $1,733 $2,029
February 2026 $1,637 $1,580 $1,727 $2,093
January 2026 $1,601 $1,588 $1,715 $2,063
December 2025 $1,614 $1,569 $1,722 $2,028
November 2025 $1,622 $1,571 $1,701 $2,088
October 2025 $1,639 $1,579 $1,746 $2,116
September 2025 $1,633 $1,591 $1,756 $2,123

Similar Markets in Philadelphia-Camden-Wilmington