The Most Affordable Neighborhoods in Baynard Village, Wilmington, DE by Home Value

 

Baynard Village, Wilmington, DE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Baynard Village area can be challenging. Home prices in Baynard Village are now at a median cost of $214,872, lower than the Wilmington average of $295,036.

The average cost of rent is $964/mo in Baynard Village, primarily driven by the current value of real estate in the Baynard Village area. While nearly 31.92% of residents own their homes outright in Baynard Village, 47.04% rent.

Housing affordability isn’t just about home prices, though. The average household income in Baynard Village is $4,539 per month. Households that rent pay about 21.24% of their income on rent here. Baynard Village's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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