Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown area can be challenging. Home prices in Downtown are now at a median cost of $148,130, lower than the Wilmington average of $295,036.
The average cost of rent is $702/mo in Downtown, primarily driven by the current value of real estate in the Downtown area. While nearly 42.45% of residents own their homes outright in Downtown, 72.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown is $2,530 per month. Households that rent pay about 27.75% of their income on rent here. Downtown's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the neighborhood.
Nearby Neighborhoods
- Cool Springs, Wilmington, DE: higher priced homes
- Brandywine Village, Wilmington, DE: higher priced homes
- Browntown, Wilmington, DE: equally priced homes
- Hilltop, Wilmington, DE: higher priced homes
- Baynard Village, Wilmington, DE: higher priced homes
- Hedgeville, Wilmington, DE: less expensive homes
- 9th Ward, Wilmington, DE: equally priced homes
- The Flats, Wilmington, DE: higher priced homes
- Northwest Wilmington, Wilmington, DE: higher priced homes
- Highlands, Wilmington, DE: higher priced homes
Neighborhoods with Similar Populations
- Berkeley Hills, Emporia, KS: less expensive homes
- Wachter's, Bismarck, ND: higher priced homes
- Circleville Historic District, Circleville, OH: less expensive homes
- Riverside-Everett, Everett, WA: higher priced homes
- North Park Riverside, San Bernardino, CA: higher priced homes
- Celina Main Street Historic District, Celina, OH: less expensive homes
- Eastland Park-Dixie Plantation, Lexington, KY: higher priced homes
- Tampa International Airport Area, Tampa, FL: higher priced homes
- Perrysburg Historic District, Perrysburg, OH: higher priced homes
- Jungle Terrace, St. Petersburg, FL: higher priced homes
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