Cheap Apartments for Rent in Elsmere, DE from $700 (36 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.

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.

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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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
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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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Greenbank Manor
1 to 2 Bedroom Apartments

Greenbank Manor

221 Greenbank RdWilmington, DE 19808
  • Utilities Included

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. 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
Greenview at Chestnut Run1 Bedroom/1 Bathroom1BR,1BA$1,003
The Rutledge ApartmentsOne Bedroom with Private Outisde Entrance1BR,1BA$1,100
Parklynn Apartments1 Bedroom1BR,1BA$1,175
The Lucania1 Bed 1 Bath1BR,1BA$1,225
Gilpin Place ApartmentsEfficiency1BR,1BA$1,247
Reserve at Mill CreekOne Bedroom Deluxe1BR,1BA$1,275
The Square at Trolley1E1BR,1BA$1,295
Newport Terrace ApartmentsAzalea2BR,1BA$1,304
Riverfront HeightsFairfield2BR,1BA$1,374

Best Value Apartments for Rent in Elsmere, DE and Nearby

As of June 10, 2025 the best value apartment in the Elsmere area is the $0.92 price per square foot 1716 Lancaster Ave Model at 1716 Lancaster Ave, Unit B in the in the Southbridge neighborhood starting from $1,800. The second greatest value Elsmere apartment is the Penthouse Model at Wawaset Park Apartments starting at $2,500 with a $1.56 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.
1716 Lancaster Ave, Unit B1716 Lancaster Ave3BR,1BA$0.92
Wawaset Park ApartmentsPenthouse2BR,2BA$1.56
Riverfront HeightsFairfield2BR,1BA$1.42
Westover PointeB1 Renovated2BR,1BA$1.59
The Residences at Christina LandingFort1BR,1BA$1.75
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
Reserve at Mill CreekTwo Bedroom Jr.2BR,1BA$1.79
Driftwood Club Apartments, Inc2 Bedroom2BR,1BA$1.82
Newport Terrace ApartmentsSequoia2BR,1BA$1.74
Greenview at Chestnut Run1 Bedroom/1 Bathroom1BR,1BA$1.54

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 #29

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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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

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 $1,100 at The Rutledge 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 $1,160 at Greenview at Chestnut Run.

What is the most affordable Elsmere Three Bedroom Apartment?

The best deal on a cheap Elsmere Three Bedroom Apartment rental is at The Lofts at 2nd and LOMA and starts from $2,799.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.