Cheap Homes for Rent in Millsboro, DE from $1,200 (12 Rentals)

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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.

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.

Millsboro, DE Local Guide

Cheapest Neighborhoods for Apartments in Millsboro, DE

Pricing Updated: 05/19/2026

Current apartment rentals in the Millsboro, DE area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Millsboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Plantation Lakes$1,795$1,3004
Retreat at Millstone$1,795$1,3004
Stonewater Creek$1,795$1,3004

Cheapest Available Millsboro Apartments for Rent

 

The cheapest available apartment rental in Millsboro, DE is a 1 Bed unit found at Ashton Oaks in the Ashley Manor-Fenwick Island Area-Villas neighborhood priced from $1,120. Melanie's Ridge in the Mearfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here is today’s list of the most affordable Millsboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ashton OaksATTAINABLE HOUSING Apartments at Ashton Oaks (1...1BR,1BA$1,120
Melanie's Ridge1 Bedroom1BR,1BA$1,375
Mill ChaseTwo Bedroom2BR,1BA$1,400
Ponds EdgeADA 2bd/2ba2BR,2BA$1,455
The Willows at Foster Commons2 Bedroom2BR,2BA$1,523

Best Value Apartments for Rent in Millsboro, DE

As of May 19, 2026 the best value apartment in the Millsboro 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 Millsboro 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 Millsboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairway Village Rental Townhomes3 Bd Townhome3BR,2.5BA$0.78
Vincent OverlookVO13BR,2BA$1.42
Heron BayHeron Bay 13BR,2BA$1.31
Burton’s Crossing TownhomesThree Bedroom Townhomes3BR,2.5BA$1.12
The Reserve at Ponds Edge3 Bedroom3BR,2BA$1.22
Oceans EastThe Dolphin2BR,2BA$1.41
Riverside ApartmentsSandbar2BR,2BA$1.53
The Oaks at GeorgetownCanby2BR,2BA$1.50
Ponds EdgeADA 2bd/2ba2BR,2BA$1.32
Mill Pond Village2CGj22BR,2BA$1.52

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!

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Frequently Asked Questions about Millsboro

What type of rentals are currently available in Millsboro?

There are currently 58 Apartments for Rent in Millsboro, DE with pricing that ranges from $1,095 to $4,070. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Millsboro ranging from $1,200 to $4,600.

What is the current price range for Rental Homes in Millsboro?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Millsboro ranges from $1,200 to $4,600 with an average monthly rent of $2,606.

How much are larger Three and Four Bedroom Rentals in Millsboro?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Millsboro range from $1,500 to $3,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,200 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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.