Cheap Apartments for Rent in Elsmere, DE from $700 (30 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Wawaset Place Apartments
Studio to 2 Bedroom Apartments

Wawaset Place Apartments

818 Woodlawn AveWilmington, DE 19805
  • Utilities Included
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The Flats Phase I
2 Bedroom Apartments

The Flats Phase I

525 N Union StWilmington, DE 19805
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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426 N Market St
1 Bedroom Apartments

426 N Market St

426 N Market StWilmington, DE 19801
  • Utilities Included

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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Reserve at Mill Creek
1 to 2 Bedroom Apartments

Reserve at Mill Creek

131 Scarborough Park DrWilmington, DE 19804
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Greenbank Manor
1 to 2 Bedroom Apartments

Greenbank Manor

221 Greenbank RdWilmington, DE 19808
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Showing Results 1-30, Page 1 of 1

Elsmere, DE Local Guide

Cheapest Available Elsmere Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elsmere, DE is a 1 Bed unit found at Gilpin Place Apartments in the Southbridge neighborhood priced from $1,007. The Rutledge Apartments in the Southbridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Elsmere apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gilpin Place ApartmentsEfficiency1BR,1BA$1,007
The Rutledge ApartmentsOne Bedroom with Private Outisde Entrance1BR,1BA$1,100
Parklynn Apartments1 Bedroom1BR,1BA$1,200
The Lucania1 Bed 1 Bath1BR,1BA$1,225
The Square at Trolley1E1BR,1BA$1,250
Riverfront HeightsAugustine2BR,1BA$1,279
Stonehurst Garden1 BR w/gas1BR,1BA$1,290
Manchester Arms1 BR - w/gas1BR,1BA$1,310
The Mayfair ApartmentsOne Bedroom1BR,1BA$1,385
430 N West St1BR/1.0BA1BR,1BA$1,395

Best Value Apartments for Rent in Elsmere, DE and Nearby

As of July 26, 2025 the best value apartment in the Elsmere area is the $1.75 price per square foot 3 Bed 2 Bath Apt 319 Model at The Lofts at 2nd and LOMA in the in the Southbridge neighborhood starting from $2,799. The second greatest value Elsmere apartment is the 2 Bedroom - 1 Bathroom Model at 1315 Delaware Ave starting at $1,700 with a $1.18 price per square foot in the Southbridge neighborhood. Here is today’s list of the best values for Elsmere apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Lofts at 2nd and LOMA3 Bed 2 Bath Apt 3193BR,2BA$1.75
1315 Delaware Ave2 Bedroom - 1 Bathroom2BR,1BA$1.18
The Residences at Christina LandingKalmar2BR,2BA$1.94
1403 N Scott St, Unit A1403 N Scott St2BR,1BA$1.42
Riverfront HeightsSeneca2BR,2BA$1.46
Westover PointeB1 Renovated2BR,1BA$1.69
Driftwood Club Apartments, Inc2 Bedroom2BR,1BA$1.82
Westview Apartments1 Bedroom1BR,1BA$1.97
Stonehurst Garden1 BR w/gas1BR,1BA$1.98
The Lucania1 Bed 1 Bath1BR,1BA$1.88

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Elsmere, DE

Ranked #10

Among cities in Delaware for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Elsmere, DE Rentals by Map

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See the most popular apartments and homes in Elsmere, DE

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Getting Around Elsmere, DE

Walk Score®

68 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Elsmere Apartments

What is the Cheapest Studio apartment in Elsmere?

Currently the most affordable Cheap Studio Apartment in Elsmere is at PARQ at the Square listed at $1,415.

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

The lowest price for a Cheap One Bedroom Elsmere Apartment is $1,007 at Gilpin Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Elsmere is starting from $1,150 at The Robinson.

What is the most affordable Elsmere Three Bedroom Apartment?

The best deal on a cheap Elsmere Three Bedroom Apartment rental is at Westover Pointe and starts from $1,899.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.