Cheap Apartments for Rent near Chincoteague Island, VA from $377 (41 Rentals)

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

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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property at 18301 Plantation Rd

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900
Total Monthly Price
$900

3 Bedroom, 1 Bath Home for Rent

Available Now

18301 Plantation Rd

OnancockVA23417
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Somerset Meadows
1 to 2 Bedroom Apartments

Somerset Meadows

11212 Old Princess Anne RdPrincess Anne, MD 21853
  • Utilities Included

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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Heritage Court
1 Bedroom Apartments

Heritage Court

310 Purnell StSnow Hill, MD 21863
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NorthPark Gardens
1 to 2 Bedroom Apartments

NorthPark Gardens

304 Glen AveSalisbury, MD 21804
  • Utilities Included
property at 25514 E Main St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

25514 E Main St

OnleyVA23418
property at 7227 Oak Ridge Pl

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

7227 Oak Ridge Pl

ChincoteagueVA23336
property at 10003 Lankford Hwy

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Now

10003 Lankford Hwy

TemperancevilleVA23442

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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Showing Results 1-41, Page 1 of 1

Chincoteague Island, VA Local Guide

Cheapest Available Chincoteague Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chincoteague Island, VA is a 1 Bed unit found at Stone Grove Crossing in the Downtown Salisbury neighborhood priced from $878. The Residences at Pine Knoll has the second lowest priced unit, which is a 2 Beds apartment currently listed from $972. Here is today’s list of the most affordable Chincoteague Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone Grove Crossing1 Bedroom1BR,1BA$878
The Residences at Pine KnollTwo Bedroom2BR,1BA$972
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
Houston AcresOne Bedroom w/Loft & One-Car Garage1BR,1BA$1,400
Oak Hill2 Bedroom Townhouse2BR,1BA$1,434
Ponds EdgeADA 2bd/2ba2BR,2BA$1,450
Island Club Apartments2A102BR,1BA$1,575

Best Value Apartments for Rent in Chincoteague Island, VA and Nearby

As of August 25, 2026 the best value apartment in the Chincoteague Island area is the $0.78 price per square foot 3 Bd Townhome Model at Fairway Village Rental Townhomes in the in the Coastal Club neighborhood starting from $2,025. The second greatest value Chincoteague Island apartment is the The Assateague Model at Oceans East starting at $1,949 with a $1.14 price per square foot in the Bayside at Ocean City neighborhood. Here is today’s list of the best values for Chincoteague Island 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
Hawks Plaza2 Bed 2 Bath2BR,2BA$0.99
The Reserve at Ponds Edge2 Bedroom2BR,2BA$1.30
Oak Hill2 Bedroom Renovated Townhome2BR,1.5BA$1.35
The Residences at Pine KnollThree Bedroom3BR,1BA$1.05
University Orchard2x22BR,2BA$1.18
The Flatts SalisburyB1 Floor Plan - Limited Availability2BR,2BA$1.17
Stone Grove Crossing1 Bedroom1BR,1BA$1.14

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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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!

Explore Chincoteague Island, VA Rentals by Map

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See the most popular apartments and homes in Chincoteague Island, VA

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Frequently Asked Questions about Cheap Chincoteague Island Apartments

How much is rent for a Cheap One Bedroom Chincoteague Island Apartment?

The lowest price for a Cheap One Bedroom Chincoteague Island Apartment is $878 at Stone Grove Crossing.

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

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

What is the most affordable Chincoteague Island Three Bedroom Apartment?

The best deal on a cheap Chincoteague Island 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

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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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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.