Cheap Apartments for Rent in Elsmere, DE from $700 (53 Rentals)

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

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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809 N Van Buren St, Unit 1A
$1,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295
1 Bedroom Apartment Available Now

809 N Van Buren St, Unit 1A

809 N Van Buren StWilmington, DE 19806
Affordability
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12 Ashton St
$1,350 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $2,000
Total Monthly Price
$1,350 - $2,000
Studio to 1 Bedroom Apartment Available Sep 5

12 Ashton St

12 Ashton StWilmington, DE 19804
Affordability

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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Wawaset Place Apartments
Studio to 2 Bedroom Apartments

Wawaset Place Apartments

818 Woodlawn AveWilmington, DE 19805
  • Utilities Included
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West Quaker Hill
1 to 2 Bedroom Apartments

West Quaker Hill

226 N West StWilmington, DE 19801
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Parklynn Apartments
1 to 2 Bedroom Apartments

Parklynn Apartments

5 Ruth RdWilmington, DE 19805
  • Utilities Included
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426 N Market St
1 Bedroom Apartments

426 N Market St

426 N Market StWilmington, DE 19801
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The Lucania
1 Bedroom Apartments

The Lucania

822 N Adams StWilmington, DE 19801
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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The Flats Phase I
1 to 3 Bedroom Apartments

The Flats Phase I

525 N Union StWilmington, DE 19805
  • Utilities Included
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Greenbank Manor
1 to 2 Bedroom Apartments

Greenbank Manor

221 Greenbank RdWilmington, DE 19808
  • Utilities Included
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Reserve at Mill Creek
Studio to 3 Bedroom Apartments

Reserve at Mill Creek

131 Scarborough Park DrWilmington, DE 19804
  • Utilities Included

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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Elsmere, DE Local Guide

Cheapest Available Elsmere Apartments for Rent

 

The cheapest available apartment rental in Elsmere, DE is a 1 Bed unit found at Birchwood at Rodney Court 62+ Community in the Southbridge neighborhood priced from $1,042. 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
Birchwood at Rodney Court 62+ Community1 BEDROOM1BR,1BA$1,042
The Rutledge Apartments1Bed1BR,1BA$1,100
Colonial CourtStudio, 1 bathStudio,1BA$1,100
Greenville Place Apartments1JRDLX1BR,1BA$1,150
800-802 Adams1 Bed, 1 bath1BR,1BA$1,195
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1,195
West Street Portfolio1 BR 1 Bath1BR,1BA$1,250

Best Value Apartments for Rent in Elsmere, DE

As of July 26, 2026 the best value apartment in the Elsmere area is the $1.58 price per square foot 2bd 2ba Model at PARQ at the Square in the in the Southbridge neighborhood starting from $2,055. The second greatest value Elsmere apartment is the 19 Model at 1315 Delaware Avenue, LLC starting at $1,840 with a $1.80 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.
PARQ at the Square2bd 2ba2BR,2BA$1.58
1315 Delaware Avenue, LLC191BR,1BA$1.80
1215 W 7th St, Unit Apartment 11215 W 7th St1BR,1BA$1.28
Westview Apartments2 Bedroom2BR,1.5BA$1.55
Riverfront HeightsFairfield*2BR,1BA$1.56
Birchwood at Rodney Court 62+ Community2 BEDROOM2BR,1BA$1.41
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1.71
1135 Lancaster Ave, Unit B room 21135 Lancaster Ave1BR,1BA$1.21
3 Corbin Ct, Unit 3-C Corbin Court3 Corbin Ct1BR,1BA$1.44

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!

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Frequently Asked Questions about Cheap Elsmere Apartments

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

The lowest price for a Cheap One Bedroom Elsmere Apartment is $1,042 at Birchwood at Rodney Court 62+ Community.

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 $1,257 at Birchwood at Rodney Court 62+ Community.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.