Cheap Apartments for Rent near Assawoman, VA from $377 (59 Rentals)

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Search the lowest-cost Apartments available for rent right now in Assawoman.

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Kiptopeke Studios
Rent Specials
$998

Total Monthly Price

Base Rent$799
Required Monthly Fees$199
Total Monthly Price$998
12 Month Lease Term
Studio Apartments Available Now

Kiptopeke Studios

29106 Lankford HwyCape Charles, VA 23310
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Pleasant Manor
1 Bedroom Apartments

Pleasant Manor

301 S Church StSnow Hill, MD 21863
Senior Living
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The Willows at Berlin
1 to 3 Bedroom Apartments

The Willows at Berlin

312 Maple AveBerlin, MD 21811
  • Utilities Included
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Decatur Apartments
1 Bedroom Apartments

Decatur Apartments

10218 Old Ocean City BlvdBerlin, MD 21811
Senior Living
  • Utilities Included
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Victoria Estates
1 to 3 Bedroom Apartments

Victoria Estates

1018 Lynnhaven DrPocomoke City, MD 21851
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Golden Meadows
1 Bedroom Apartments

Golden Meadows

40 Golden LnDelmar, DE 19940
Senior Living

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Somerset Meadows
1 to 2 Bedroom Apartments

Somerset Meadows

11212 Old Princess Anne RdPrincess Anne, MD 21853
  • Utilities Included
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Heritage Court
1 Bedroom Apartments

Heritage Court

310 Purnell StSnow Hill, MD 21863
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Merrifield
Studio to 2 Bedroom Apartments

Merrifield

1027 Adams AveSalisbury, MD 21804
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NorthPark Gardens
1 to 2 Bedroom Apartments

NorthPark Gardens

304 Glen AveSalisbury, MD 21804
  • Utilities Included
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320 Randolph Ave
Studio to 2 Bedroom Apartments

320 Randolph Ave

320 Randolph AveCape Charles, VA 23310
Corporate Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 31426 Cedar View Rd
$1,300

Total Monthly Price

Base Rent$1,300
Total Monthly Price$1,300
3 Bedroom, 1 Bath Home for Rent
Available Now

31426 Cedar View Rd

PainterVA23420
property at 29481 Killmon Ln
$1,350

Total Monthly Price

Base Rent$1,350
Total Monthly Price$1,350
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now

29481 Killmon Ln

HacksneckVA23358
property at 6261 Post Office St
$1,410

Total Monthly Price

Base Rent$1,410
Total Monthly Price$1,410
3 Bedroom, 2 Bath Home for Rent
Available Now

6261 Post Office St

ChincoteagueVA23336

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Assawoman, VA Local Guide

Cheapest Available Assawoman Apartments for Rent and Nearby

 

The cheapest available apartment rental in Assawoman, VA is a 2 Beds unit found at The Residences at Pine Knoll priced from $972. Kiptopeke Studios has the second lowest priced unit, which is a Studio apartment currently listed from $998. Here is today’s list of the most affordable Assawoman apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences at Pine KnollTwo Bedroom2BR, 1BA$972
Kiptopeke StudiosKiptopeke Studio ApartmentsStudio, 1BA$998
Stone Grove Crossing1 Bedroom1BR, 1BA$1,063
MerrifieldStudio One Bath OpenStudio, 1BA$1,085
Little Creek Apartments2 Bed | 1 Bath2BR, 1BA$1,090
Ashton OaksATTAINABLE HOUSING Apartments at Ashton Oaks (1...1BR, 1BA$1,120
College Park ApartmentsOne Bedroom1BR, 1BA$1,200
Parkwood Apartments1 Bedroom/1 Bath Parkwood Remodel1BR, 1BA$1,299
Hawks Plaza2 Bed 2 Bath2BR, 2BA$1,335
Ponds EdgeADA 2bd/2ba2BR, 2BA$1,395

Best Value Apartments for Rent in Assawoman, VA and Nearby

As of September 27, 2026 the best value apartment in the Assawoman area is the $0.78 price per square foot 3 Bd Townhome Model at Fairway Village Rental Townhomes in the Coastal Club neighborhood starting from $2,025. The second greatest value Assawoman apartment is the The Assateague Model at Oceans East in the Bayside at Ocean City neighborhood starting at $1,949 with a $1.14 price per square foot. Here is today’s list of the best values for Assawoman apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairway Village Rental Townhomes3 Bd Townhome3BR, 2.5BA$0.78
Oceans EastThe Assateague3BR, 2BA$1.14
Burton’s Crossing TownhomesThree Bedroom Townhomes3BR, 2.5BA$1.12
Enclave at MillwoodThree Bedroom3BR, 2.5BA$1.33
The Reserve at Parsons Lake2A2BR, 2BA$1.35
The Flatts SalisburyD1 Floor Plan - Limited Availability4BR, 4BA$0.61
Oak Hill2 Bedroom Apartment2BR, 2BA$1.35
The Residences at Pine KnollThree Bedroom3BR, 1BA$1.05
Hawks Plaza2 Bed 2 Bath2BR, 2BA$1.27
University Orchard2x22BR, 2BA$1.18

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Assawoman Apartments

What is the Cheapest Studio apartment in Assawoman?

Currently the most affordable Cheap Studio Apartment in Assawoman is at Kiptopeke Studios listed at $998.

How much is rent for a Cheap One Bedroom Assawoman Apartment?

The lowest price for a Cheap One Bedroom Assawoman Apartment is $1,063 at Stone Grove Crossing.

What is the lowest price for a Cheap Two Bedroom Assawoman Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Assawoman is starting from $972 at The Residences at Pine Knoll.

What is the most affordable Assawoman Three Bedroom Apartment?

The best deal on a cheap Assawoman Three Bedroom Apartment rental is at The Residences at Pine Knoll and starts from $1,123.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.