Most Affordable Neighborhoods in Wilmington - 2026 Data
The median home value in Wilmington is $185,000, 34% below nat'l avg. Median rent is $433/month. With an affordability index of 124, Wilmington is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Wilmington, DE area.
Key Takeaways: Affordability in Wilmington
- 1The most affordable neighborhood in Wilmington is Dover, with a median home value of $222,800.
- 2Wilmington's median home value is $185,000, 34% below nat'l avg (national: $281,900).
- 3Wilmington's affordability index is 124 (baseline 100), making it more affordable than the national average.
- 4Median rent in Wilmington is $433/month, 63% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Wilmington to find the most affordable areas based on home values, rent, and affordability index.
Wilmington Affordability Overview
Median Home Value
$185,000
34% below nat'l avg
Median Rent
$433/mo
63% below nat'l avg
Median Income
$44,420
40% below nat'l avg
Affordability Index
124
24% above nat'l avg
Most Affordable Neighborhoods in Wilmington (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | DoverDE | $222,800 |
| 2 | NewarkDE | $334,400 |
| 3 | SmyrnaDE | $246,400 |
| 4 | MilfordDE | $255,300 |
| 5 | MiddletownDE | $363,800 |
| 6 | BridgevilleDE | $348,900 |
| 7 | ElsmereDE | $200,700 |
| 8 | New CastleDE | $240,800 |
| 9 | HarringtonDE | $198,000 |
| 10 | MiltonDE | $374,000 |
| 11 | LewesDE | $778,800 |
| 12 | SeafordDE | $208,400 |
| 13 | TownsendDE | $378,600 |
| 14 | CamdenDE | $267,700 |
| 15 | Ocean ViewDE | $436,700 |