
Cheap Homes for Rent near Lincoln, DE from $1,495 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Lincoln.


109 Union St

106 Federal St

1359 Main St

100 Governors Ave

5000 Flyaway Ln

104 E Market St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

14446 Slim St

2066 Ingram Branch Rd

107 Mermaid Ln

9 NE 6th St

112 E Main St

402 N Walnut St

400 N Walnut St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Lincoln, DE Local Guide

How much does it cost to rent a home in Lincoln?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln 2 Bedroom Homes for Rent | $2,030 | $1,495 | $2,800 |
| Lincoln 3 Bedroom Homes for Rent | $2,223 | $1,700 | $2,800 |
| Lincoln 4 Bedroom Homes for Rent | $2,687 | $2,050 | $4,000 |
| Lincoln 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
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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 Elizabeth Cornish Landing in the Heritage Shores SFD neighborhood priced from $726. Dunbarton Estates Apartments in the Sussex County neighborhood 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 |
|---|---|---|---|
| Elizabeth Cornish Landing | Landing 1 BR | 1BR,1BA | $726 |
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $776 |
| Premier Village Apartments | 1 Bedroom | 1BR,1BA | $1,325 |
| County Seat Apartments, LLC. | Two Bedroom | 2BR,2BA | $1,350 |
| Melanie's Ridge | 1 Bedroom | 1BR,1BA | $1,420 |
Best Value Apartments for Rent in Lincoln, DE and Nearby
As of August 22, 2026 the best value apartment in the Lincoln area is the $1.48 price per square foot VO3 Model at Vincent Overlook in the in the Bay Front neighborhood starting from $2,895. The second greatest value Lincoln apartment is the Interior Unit - Fenced Model at Windward Grove - Townhome Rentals starting at $2,267 with a $1.46 price per square foot in the Orchard Hill 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 | $1.48 |
| Windward Grove - Townhome Rentals | Interior Unit - Fenced | 3BR,2.5BA | $1.46 |
| Windward on the River | Carlisle | 3BR,2BA | $1.48 |
| The Reserve on East | 2 BD | 2BR,2BA | $1.54 |
| The Oaks at Georgetown | Laurel | 2BR,2BA | $1.47 |
| Watergate Townhomes | 2 Bed 2 Bath Townhome | 2BR,2BA | $1.49 |
| Friendship Village | Beech | 2BR,2BA | $1.50 |
| County Seat Apartments, LLC. | Two Bedroom | 2BR,2BA | $1.46 |
| Dunbarton Estates Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.05 |
| Elizabeth Cornish Landing | Landing 1 BR | 1BR,1BA | $0.98 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Lincoln
What type of rentals are currently available in Lincoln?
There are currently 41 Apartments for Rent in Lincoln, DE with pricing that ranges from $726 to $4,524. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $1,495 to $4,000.
What is the current price range for Rental Homes in Lincoln?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln ranges from $1,495 to $4,000 with an average monthly rent of $2,269.
How much are larger Three and Four Bedroom Rentals in Lincoln?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lincoln range from $1,191 to $3,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,800. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,250.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.