Cheap Apartments for Rent in Elsmere, DE from $500 (92 Rentals)

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

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1135 Lancaster Ave
$850 - $875
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $875
Total Monthly Price
$850 - $875
1 Bedroom Apartment Available Now

1135 Lancaster Ave

1135 Lancaster AveWilmington, DE 19805
Furnished

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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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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property at 1412 Delaware Ave

$1,325 - $1,495

Studio To 1 Bedroom Rentals

Available Now

1412 Delaware Ave

WilmingtonDE19806
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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 Aug 23

12 Ashton St

12 Ashton StWilmington, DE 19804
Affordability

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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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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Elsmere, DE Local Guide

Cheapest Available Elsmere Apartments for Rent

 

The cheapest available apartment rental in Elsmere, DE is a 2 Beds unit found at The Robinson in the Southbridge neighborhood priced from $1,080. 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
The RobinsonVerbena2BR,1BA$1,080
Colonial CourtStudio, 1 bathStudio,1BA$1,100
The Rutledge Apartments1Bed1BR,1BA$1,100
Greenville Place Apartments1JRDLX1BR,1BA$1,135
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1,195
The Lucania1 Bed 1 Bath1BR,1BA$1,225

Best Value Apartments for Rent in Elsmere, DE

As of April 26, 2026 the best value apartment in the Elsmere area is the $1.56 price per square foot PENT Model at Wawaset Park Associates LLC in the in the Southbridge neighborhood starting from $2,500. The second greatest value Elsmere apartment is the 1215 W 7th St Model at 1215 W 7th St, Unit Apartment 1 starting at $1,275 with a $1.28 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.
Wawaset Park Associates LLCPENT2BR,2BA$1.56
1215 W 7th St, Unit Apartment 11215 W 7th St1BR,1BA$1.28
Westview Apartments2 Bedroom2BR,1.5BA$1.55
Riverfront HeightsSeneca2BR,2BA$1.55
The Residences at Christina LandingLifestyle1BR,1BA$1.84
Westover PointeB1 Renovated2BR,1BA$1.88
The RobinsonVerbena2BR,1BA$1.42
1135 Lancaster Ave1135 Lancaster Ave1BR,1BA$1.25
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1.71
The Lucania1 Bed 1 Bath1BR,1BA$1.88

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

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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 $1,100 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 $1,080 at The Robinson.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.