
Cheap Apartments for Rent in Fenwick Island, DE from $600 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Fenwick Island.


County Seat Apartments, LLC.

Houston Acres

Ponds Edge

Mill Pond Village

Mill Chase

14306 Jarvis Ave, Unit Fenwick Woods 208, Unit Fenwick Woods 208

Runaway Bay
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.

Island Club Apartments

The Willows at Foster Commons

The Reserve at Ponds Edge

College Park Apartments and Rental Homes

Cypress Grove

Weston Willows

Addison Court

Coventry Square Apartments
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.

Riverside Apartments

719 142nd St, Unit 233, Unit 233

Ocean Aisle

Carillon Woods

Enclave at Bay

Coastal Tide Apartments

The Reserve at Sandbar

Oceans East
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 Oaks at Georgetown

Seaglass at Rehoboth Beach

Burton’s Crossing Townhomes

MI-Place at the Vineyard

101 123rd St, Unit 372

Beach Plum Dunes

Pleasant Manor

The Willows at Berlin
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.

Dunbarton Estates Apartments

Decatur Apartments

Jefferson Apartments

Shady Grove Apartments

Heritage Court

5 GUMBORO ROAD Ext

22806 Sycamore Dr

Ascend by the Sea
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.

24625 Dogwood Ln

33725 Skiff Aly

20559 Asheville Dr

19048 Jackstone Way
Fenwick Island, DE Local Guide

How much does it cost to rent an apartment in Fenwick Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fenwick Island 1 Bedroom Apartments | $1,762 | $1,120 | $2,900 |
| Fenwick Island 2 Bedroom Apartments | $1,949 | $1,300 | $3,550 |
| Fenwick Island 3 Bedroom Apartments | $2,173 | $1,500 | $3,850 |
| Fenwick Island 4 Bedroom Apartments | $2,456 | $2,250 | $2,795 |
Browse Top Apartments in Fenwick Island
See all Apartments in Fenwick IslandExplore Fenwick Island
Fenwick Island, DE Local Guide
- Nearby Cities
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Cheapest Available Fenwick Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Fenwick Island, DE is a 1 Bed unit found at Ashton Oaks in the Ashley Manor-Fenwick Island Area-Villas neighborhood priced from $1,120. Mill Chase in the Retreat at Millstone neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,400. Here is today’s list of the most affordable Fenwick Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashton Oaks | ATTAINABLE HOUSING Apartments at Ashton Oaks (1... | 1BR,1BA | $1,120 |
| Mill Chase | Two Bedroom | 2BR,1BA | $1,400 |
| Ponds Edge | ADA 2bd/2ba | 2BR,2BA | $1,455 |
| Runaway Bay | The Clipper | 2BR,2BA | $1,470 |
| Island Club Apartments | 1A10 | 1BR,1BA | $1,475 |
| The Willows at Foster Commons | 2 Bedroom | 2BR,2BA | $1,523 |
| College Park Apartments and Rental Homes | Hawthorn | 1BR,1BA | $1,525 |
| Weston Willows | 1BR/1BA: $1,535 | 1BR,1BA | $1,535 |
| Cypress Grove | Stacked Flats at Cypress Grove (1BR/1BA) | 1BR,1BA | $1,535 |
| Ocean Aisle | 2 bed | Starfish | 2BR,2BA | $1,659 |
Best Value Apartments for Rent in Fenwick Island, DE and Nearby
As of April 25, 2026 the best value apartment in the Fenwick Island area is the $0.78 price per square foot 3 Bd Townhome Model at Fairway Village Rental Townhomes in the in the Coastal Club neighborhood starting from $2,025. The second greatest value Fenwick Island apartment is the VO1 Model at Vincent Overlook starting at $2,695 with a $1.42 price per square foot in the Bay Front neighborhood. Here is today’s list of the best values for Fenwick Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairway Village Rental Townhomes | 3 Bd Townhome | 3BR,2.5BA | $0.78 |
| Vincent Overlook | VO1 | 3BR,2BA | $1.42 |
| Heron Bay | Heron Bay 1 | 3BR,2BA | $1.31 |
| Burton’s Crossing Townhomes | Three Bedroom Townhomes | 3BR,2.5BA | $1.12 |
| Enclave at Millwood | Three Bedroom | 3BR,2.5BA | $1.32 |
| Mill Pond Village | 3CGn | 3BR,2BA | $1.37 |
| Oceans East | The Dolphin | 2BR,2BA | $1.41 |
| The Reserve at Ponds Edge | 2 Bedroom | 2BR,2BA | $1.35 |
| Ponds Edge | ADA 2bd/2ba | 2BR,2BA | $1.32 |
| Runaway Bay | The Clipper | 2BR,2BA | $1.48 |
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.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Fenwick Island, DE Rentals by Map
See the most popular apartments and homes in Fenwick Island, DE
Frequently Asked Questions about Cheap Fenwick Island Apartments
How much is rent for a Cheap One Bedroom Fenwick Island Apartment?
The lowest price for a Cheap One Bedroom Fenwick Island Apartment is $1,120 at Ashton Oaks.
What is the lowest price for a Cheap Two Bedroom Fenwick Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Fenwick Island is starting from $1,400 at Mill Chase.
What is the most affordable Fenwick Island Three Bedroom Apartment?
The best deal on a cheap Fenwick Island Three Bedroom Apartment rental is at Mill Chase and starts from $1,600.
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

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.

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.

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.

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.