Cheap Apartments for Rent in Elsmere, DE from $500 (26 Rentals)

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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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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
1 to 3 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
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Parklynn Apartments
1 to 2 Bedroom Apartments

Parklynn Apartments

5 Ruth RdWilmington, DE 19805
  • Utilities Included
Showing Results 1-26, 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 Greenview at Chestnut Run in the The Flats neighborhood priced from $1,003. Colonial Court in the Southbridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Elsmere apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greenview at Chestnut Run1 Bedroom/1 Bathroom1BR,1BA$1,003
Colonial CourtStudio, 1 bathStudio,1BA$1,100
Greenville Place Apartments1JRDLX1BR,1BA$1,135
Riverfront HeightsCypress1BR,1BA$1,159
600 N Washington St1 Bed, 1 bath1BR,1BA$1,190
800-802 Adams1 Bed, 1 bath1BR,1BA$1,195
The Square at Trolley1E1BR,1BA$1,225
The Lucania1 Bed 1 Bath1BR,1BA$1,225
The RobinsonVerbena2BR,1BA$1,240

Best Value Apartments for Rent in Elsmere, DE and Nearby

As of January 24, 2026 the best value apartment in the Elsmere area is the $1.00 price per square foot 2711 W 5th St Model at 2711 W 5th St, Unit 2 in the in the Southbridge neighborhood starting from $1,550. The second greatest value Elsmere apartment is the 1204 Delaware Ave Model at 1204 Delaware Ave, Unit Apt 2 starting at $2,400 with a $1.73 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.
2711 W 5th St, Unit 22711 W 5th St2BR,1BA$1.00
1204 Delaware Ave, Unit Apt 21204 Delaware Ave3BR,2BA$1.73
Westview Apartments2 Bedroom2BR,1.5BA$1.70
1912 W 3rd St, Unit F1912 W 3rd St2BR,1BA$1.64
1215 W 7th St, Unit Apartment 11215 W 7th St1BR,1BA$1.28
Courtyard Apartments2 Beds, 1 bath2BR,1BA$1.43
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
The RobinsonVerbena2BR,1BA$1.63
Riverfront HeightsCypress1BR,1BA$1.65
1135 Lancaster Ave, Unit B room 21135 Lancaster Ave1BR,1BA$1.25

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

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 Elsmere, DE Rentals by Map

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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 Colonial Court listed at $1,100.

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

The lowest price for a Cheap One Bedroom Elsmere Apartment is $1,003 at Greenview at Chestnut Run.

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 $1,160 at Greenview at Chestnut Run.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.