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Wilmington Apartment Rents Drop 11%: Relief for Renters

Wilmington Apartment Rents Drop 11%: Relief for Renters

Dover News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 14, 20261m 22s

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Show Notes

Wilmingtons rental market sees a 11% dip in apartment prices, with one-bedrooms now at a median of $1,490 and two-bedrooms at $1,750. This marks a significant decrease from last year and offers renters some relief, as Wilmingtons prices are 13% below the state average and 11% below the national median. The local market appears to be cooling, potentially easing the pressure on prospective tenants.

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