Cheap Apartments for Rent in Lincoln, DE from $400 (14 Rentals)

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

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

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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 Diamond Court I & II priced from $690. 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
Diamond Court I & IIOne Bedroom1BR,1BA$690
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$776
Premier Village ApartmentsStudioStudio,1BA$1,100
Cypress GroveATTAINABLE HOUSING at Cypress Grove (1BR/1BA)1BR,1BA$1,140
Melanie's Ridge1 Bedroom1BR,1BA$1,375

Best Value Apartments for Rent in Lincoln, DE and Nearby

As of September 08, 2025 the best value apartment in the Lincoln area is the $1.43 price per square foot VO3 Model at Vincent Overlook in the in the Bay Front neighborhood starting from $2,795. The second greatest value Lincoln apartment is the Windstone 2 Model at Windstone starting at $2,395 with a $1.24 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.
Vincent OverlookVO33BR,2BA$1.43
WindstoneWindstone 23BR,2BA$1.24
Heron BayHeron Bay 13BR,2BA$1.31
The Reserve on East3 BD3BR,2BA$1.41
The Reserves At Belle AyreThree Bedroom3BR,2.5BA$1.14
Windward on The RiverMontgomery2BR,2BA$1.51
Weston Willows2BR/2BA: $1,695-$1,7702BR,2BA$1.53
Melanie's Ridge2 Bedroom2BR,2BA$1.39
Dunbarton Estates Apartments1 Bed, 1 bath1BR,1BA$1.05
Diamond Court I & IIOne Bedroom1BR,1BA$1.33

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Pet Friendly Lifestyle

Ranked #

Among cities in Delaware for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

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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 $690 at Diamond Court I & II.

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 $700 at Diamond Court I & II.

What is the most affordable Lincoln Three Bedroom Apartment?

The best deal on a cheap Lincoln Three Bedroom Apartment rental is at Greenwood Pointe and starts from $1,600.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.