2 Days Ago
Location
523 Balsam Ter, Wilmington, DE 19804, USA
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Amenities for 523 Balsam Ter
Apartment Amenities
| Carpet | Central Air |
| Three Floors |
Appliances
| Dishwasher |
Building
| Basement | Exterior Type: Brick |
Grounds
| Garage Parking |
Other
| Architecture Style: Colonial |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 523 Balsam Ter
Property Status: Active Nicely updated home available for rent in Gordy Estates ! This 3 bedroom, 1.5 bathroom and 1 car garage home features a kitchen with Gas Cooking, Refrigerator, Dishwasher, Newer carpet, updated bathrooms, Come see this like-new home today! Minimum credit score of 625 per applicant. Income of 3-4x the rent per month. Special Clauses: 1) No Pets 2) Proof of Renters Insurance, 3) Security Deposit $2,000 plus 1st month's rent of $2,000. 4) No Smoking in the property. 5) Tenant pays all utilities Gas, Electric. Home has Gas Heating and Central Air. Off Street Parking and 1 car Garage Office Phone: (302) 275-9412 Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 523 Balsam Ter compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 150 sqft larger than other listings nearby
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
Address details
| Zip code | 19804 |
|---|---|
| Type | House for rent |
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Rent trends in Wilmington
3-bedroom apartments at 523 Balsam Ter cost about the same as the average rent price for 3-bedroom apartments in Wilmington.
Median rents as of Nov 8 2025.
Wilmington
| Month | Median Rent |
|---|---|
| November 2023 | $2,200 |
| December 2023 | $2,142 |
| January 2024 | $2,050 |
| February 2024 | $2,046 |
| March 2024 | $2,156 |
| April 2024 | $2,208 |
| May 2024 | $2,191 |
| June 2024 | $2,245 |
| July 2024 | $2,336 |
| August 2024 | $2,245 |
| September 2024 | $2,172 |
| October 2024 | $2,186 |
| November 2024 | $2,127 |
| December 2024 | $2,150 |
| January 2025 | $2,149 |
| February 2025 | $2,097 |
| March 2025 | $2,111 |
| April 2025 | $1,997 |
| May 2025 | $2,006 |
| June 2025 | $2,022 |
| July 2025 | $2,236 |
| August 2025 | $2,020 |
| September 2025 | $2,059 |
| October 2025 | $2,000 |
| November 2025 | $2,000 |
Affordability calculator
Can I afford to live at 523 Balsam Ter?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this 3-bedrooms monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.
Schools near 523 Balsam Ter
Richey Elementary School
105 east highland ave
wilmington, DE, 19804
K-5Public
B
First State School
501 west 14th st
wilmington, DE, 19899
K-12Public
B-
Meadowood Program
55a south meadowood dr
newark, DE, 19711
K-12Public
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Internet available near 523 Balsam Ter
Getting around Wilmington near 523 Balsam Ter
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 523 Balsam Ter, Wilmington
Groceries
2/10
At least one supermarket within a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
Explore the area around 523 Balsam Ter
ShopRite of 1st State Plaza
1600 W Newport Pike
Save-A-Lot
714 S Maryland Ave
ACME Markets
1308 Centerville Rd
Tienda A Mexicana Last Peque
202 S Maryland Ave
BJ's Wholesale Club
2131 Kirkwood Hwy
Family Dollar
1311 Newport Gap Pike
Walmart
1251 Centerville Rd
Family Dollar
2021 Kirkwood Hwy
DTLR
3234 Kirkwood Hwy
Famous Footwear
3232 Kirkwood Hwy
Dunkin'
705 W Newport Pike
Starbucks
3140 Kirkwood Hwy
Tropical Smoothie Cafe
3216 Kirkwood Hwy
Dunkin'
1112 Kirkwood Hwy
Dunkin'
301 N Maryland Ave
James Street Tavern
2 W Market St
Dom's NY Style Pizzeria
218 W Market St
Steve's Discount Liquors
1204 Centerville Rd
Steve's Tavern
1204 Centerville Rd
Cosmos Restaurant
316 S Maryland Ave
Healthy Organic Planet
1009 Liberty Rd
Pure Bread Management Inc
494 First State Blvd
NATURE'S WAY
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Pasteleria Rojas
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GNC
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Westview Park
Woodcrest Court
Woodcrest Estates
Gordy Estates Park
Veterans Memorial Triangles
James Street Tavern
2 W Market St
Newport Restaurant at Greystone Plaza
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218 W Market St
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