The Most Affordable Neighborhoods in Cool Springs, Wilmington, DE by Home Value

 

Cool Springs, Wilmington, DE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cool Springs area can be challenging. Home prices in Cool Springs are now at a median cost of $278,541, lower than the Wilmington average of $352,853.

The average cost of rent is $1,280/mo in Cool Springs, primarily driven by the current value of real estate in the Cool Springs area. In Cool Springs, 59.96% of households rent, and 37.71% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cool Springs is $4,556 per month. Households that rent pay about 28.09% of their income on rent here. Cool Springs’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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