Cheap Apartments for Rent in Lincoln, DE from $600 (40 Rentals)

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

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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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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Diamond Court I & II
1 to 2 Bedroom Apartments

Diamond Court I & II

35 Diamond CtHarrington, DE 19952
  • Utilities Included
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Mispillion Apartments
1 to 2 Bedroom Apartments

Mispillion Apartments

1029 S Walnut StMilford, DE 19963
  • Utilities Included
property at 110 Kimmey St

$1,500 - $1,550

2 Bedroom Rentals

Available Now

110 Kimmey St

GeorgetownDE19947
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Lakeside Apartments
1 to 2 Bedroom Apartments

Lakeside Apartments

505 NW Front StMilford, DE 19963
  • Utilities Included

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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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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Showing Results 1-40, Page 1 of 1

Lincoln, DE Local Guide

Cheapest Available Lincoln Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lincoln, DE is a 1 Bed unit found at Elizabeth Cornish Landing in the Heritage Shores SFD neighborhood priced from $726. Dunbarton Estates Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $776. Here is today’s list of the most affordable Lincoln apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elizabeth Cornish LandingLanding 1 BR1BR,1BA$726
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$776
Premier Village ApartmentsStudioStudio,1BA$1,225
Melanie's Ridge1 Bedroom1BR,1BA$1,420
Planters Run Apartments (55+ Active Adult)1 Bedroom1BR,1BA$1,450
The Pointe of StoneybrookThe Topaz Stone (1BD | 1BA)1BR,1BA$1,525
College Park Apartments and Rental HomesHawthorn1BR,1BA$1,525
Greenwood PointeThe Oak Classic (2BD | 1.5 BA)2BR,1BA$1,525
Cypress GroveApartments at Cypress Grove (1BR/1BA)1BR,1BA$1,545
Linkside Apartments2 Bed 2 Bath2BR,2BA$1,550

Best Value Apartments for Rent in Lincoln, DE and Nearby

As of June 23, 2026 the best value apartment in the Lincoln area is the $1.57 price per square foot Van Gogh Model at Coastal Run at Heritage Shores 55+ in the in the Heritage Shores SFD neighborhood starting from $2,999. The second greatest value Lincoln 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 Lincoln apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Coastal Run at Heritage Shores 55+Van Gogh3BR,2BA$1.57
Vincent OverlookVO13BR,2BA$1.42
Windward Grove - Townhome RentalsEnd Unit - Fenced3BR,2.5BA$1.54
Windward on the RiverCarlisle3BR,2BA$1.51
Lakeside Apartments2 Bed | 1.5 Bath2BR,1.5BA$1.50
The Oaks at GeorgetownCanby2BR,2BA$1.50
Watergate Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.49
Weston Willows2BR/2BA: $1,7102BR,2BA$1.55
Elizabeth Cornish LandingLanding 1 BR1BR,1BA$0.98
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$1.05

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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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 Lincoln, DE Rentals by Map

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See the most popular apartments and homes in Lincoln, DE

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Frequently Asked Questions about Cheap Lincoln Apartments

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

The lowest price for a Cheap One Bedroom Lincoln Apartment is $726 at Elizabeth Cornish Landing.

What is the lowest price for a Cheap Two Bedroom Lincoln Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lincoln is starting from $796 at Dunbarton Estates Apartments.

What is the most affordable Lincoln Three Bedroom Apartment?

The best deal on a cheap Lincoln Three Bedroom Apartment rental is at Elizabeth Cornish Landing and starts from $1,191.

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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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.