
Cheap Apartments for Rent in Lincoln, DE from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in Lincoln.


Elizabeth Cornish Landing

Mispillion Apartments

Dunbarton Estates Apartments

Jefferson Apartments

Premier Village Apartments

County Seat Apartments, LLC.

1 S Washington St

123 Carnation Dr
Lincoln, DE Local Guide

How much does it cost to rent an apartment in Lincoln?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln Studio Apartments | $1,175 | $1,125 | $1,225 |
| Lincoln 1 Bedroom Apartments | $1,546 | $690 | $2,095 |
| Lincoln 2 Bedroom Apartments | $1,895 | $700 | $3,330 |
| Lincoln 3 Bedroom Apartments | $2,336 | $1,191 | $3,750 |
| Lincoln 4 Bedroom Apartments | $2,895 | $2,250 | $3,780 |
Browse Top Apartments in Lincoln
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Lincoln, DE Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Diamond Court I & II | One Bedroom | 1BR,1BA | $690 |
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $776 |
| Premier Village Apartments | Studio | Studio,1BA | $1,125 |
Best Value Apartments for Rent in Lincoln, DE and Nearby
As of November 14, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Vincent Overlook | VO3 | 3BR,2BA | $1.43 |
| Windstone | Windstone 2 | 3BR,2BA | $1.24 |
| Heron Bay | Heron Bay 1 | 3BR,2BA | $1.31 |
| The Reserves At Belle Ayre | Three Bedroom | 3BR,2.5BA | $1.14 |
| The Reserve on East | 2 BD | 2BR,2BA | $1.54 |
| Windward on The River | Montgomery | 2BR,2BA | $1.51 |
| Watergate Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1.46 |
| Melanie's Ridge | 2 Bedroom | 2BR,2BA | $1.39 |
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.05 |
| Diamond Court I & II | One Bedroom | 1BR,1BA | $1.33 |
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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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.
