Last updated on May 24, 2026

Average rent in
The Flats, Wilmington, DE

Median rent

Median rent in The Flats

$1,695/mo

increased by30%

vs previous year

The average rent in The Flats is $1,695 per month as of May 2026. This is 13% below the national average rent, or $255 less per month.

$3.66

average price per square foot

Total rentals

Available rentals in The Flats

14

for rent on Zumper.com as of May 2026

Rent price distribution

Share of The Flats rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in The Flats, Wilmington, DE, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in The Flats, Wilmington, DE

Average rent prices in The Flats have increased by 17% over the last month and have increased by 30% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in The Flats, Wilmington, DE

Rent prices in The Flats vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in The Flats is $1,495, whereas a house costs $2,237. 1-bedroom apartments in The Flats run $1,495 on average, while 2-bedroom apartments are $1,795.

Listings

Studio

$1,650

No Change

129%

1 bedroom

$1,595

-

-

2 bedroom

$2,262

53%

31%

3 bedroom

$1,987

20%

-

4 bedroom

$2,100

No Change

-

Studio

Average rent

$1,650

Last year

129%

1 bedroom

Average rent

$1,595

2 bedroom

Average rent

$2,262

Last 30 days

53%

Last year

31%

3 bedroom

Average rent

$1,987

Last 30 days

20%

4 bedroom

Average rent

$2,100

The table above reflects average rent prices in The Flats, Wilmington, DE, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in The Flats, Wilmington, DE compare to other neighborhoods?

Compare median rent prices in The Flats and Fallston by all bedroom counts and property types.

The Flats

Median rent price$1,695
decreased by13%

lower than the national median

Median rent price$2,096
increased by7%

higher than the national median

Takeaway

The median rent for all rentals in The Flats, Wilmington, DE is 19% lower than the median rent in Fallston, Fallston, MD.

Discover rentals in The Flats, Wilmington, DE

712 Woodlawn Ave - Photo 1 of 1

5d+ ago

The Flats townhouse for rent in Wilmington

2 bed 2 bath End Unit

712 Woodlawn Ave, Wilmington, DE 19805

2 beds

2 baths

$2,275

House for rent

Available Jun 6

Stay up to date with rental market insights

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Frequently asked questions for The Flats, Wilmington, DE

Quick answers to common questions about the The Flats rental market.

How much is rent in The Flats?

The average rent in The Flats is $1,695 per month as of May 23, 2026.

Is rent up or down in The Flats?

Average rent prices in The Flats have increased by 17% over the last month and have increased by 30% since last year.

How does The Flats rent compare to the national average?

Rent in The Flats is 13% below the national average, which means renters are paying approximately $255 less per month.

What salary do I need to afford rent in The Flats?

To comfortably afford rent in The Flats, you'd need to earn approximately $68,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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