Cheap Apartments for Rent near Odessa, DE from $500 (49 Rentals)

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

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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Fairfield Commons
1 to 2 Bedroom Apartments

Fairfield Commons

100 Fairfield CtrMiddletown, DE 19709
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133 S Main St
2 Bedroom Apartments

133 S Main St

133 S Main StSmyrna, DE 19977
  • Utilities Included
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Middletown Manor
1 to 2 Bedroom Apartments

Middletown Manor

101-608 E Hampstead CtMiddletown, DE 19709
  • 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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property at 94 Buttonwood Ave

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

3 Bedroom, 1 Bath Home for Rent

Available Now

94 Buttonwood Ave

Hancocks BridgeNJ08038

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.

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Pine Valley
1 to 3 Bedroom Apartments

Pine Valley

1000 Spyglass DrElkton, MD 21921
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Odessa, DE Local Guide

Cheapest Available Odessa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Odessa, DE is a 1 Bed unit found at Governors Place Townhomes in the Wicksfield neighborhood priced from $1,305. Elkton Terrace in the Patriots Glen neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,314. Here is today’s list of the most affordable Odessa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Governors Place Townhomes1 bedroom1BR,1BA$1,305
Elkton Terrace2BR Apt.2BR,1BA$1,314
Salem Manor ApartmentsTownhome2BR,1BA$1,350
Aspen Run1BD1BR,1BA$1,395
Iron Hill Apartments1 Bedroom1BR,1BA$1,455
Valley Stream Village ApartmentsChristiana1BR,1BA$1,475
Sunnyside Apartments1 Bed 1.5 Bath1BR,1BA$1,485
Christina Apartments1 Bed 1.5 Bath1BR,1BA$1,485
The Vinings at Christiana ApartmentsTwo Bedroom2BR,2BA$1,490
The Village of Barrett's Run1BD1BR,1BA$1,500

Best Value Apartments for Rent in Odessa, DE and Nearby

As of July 11, 2026 the best value apartment in the Odessa area is the $1.64 price per square foot Inverness, Jr. Model at Ascot Landing - Single Family Homes in the in the Red Lion Chase neighborhood starting from $2,625. The second greatest value Odessa apartment is the Townhome Model at Salem Manor Apartments starting at $1,350 with a $1.11 price per square foot in the Salem County neighborhood. Here is today’s list of the best values for Odessa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ascot Landing - Single Family HomesInverness, Jr.3BR,2BA$1.64
Salem Manor ApartmentsTownhome2BR,1BA$1.11
Spring CrossingEmpire2BR,1.5BA$1.61
Christiana ReserveFenwick2BR,2BA$1.51
Sunnyside Apartments2 Bed 2 Bath2BR,2BA$1.53
Castlebrook Apartments2 Bed | 1.5 Bath2BR,1.5BA$1.66
The Enclave at Stoneyridge2BD2BR,2BA$1.60
The Reserve at South Ridge Phase l1 Bedroom1BR,1BA$1.62
The Vinings at Christiana ApartmentsTwo Bedroom2BR,2BA$1.60
Elkton Terrace2BR Apt.2BR,1BA$1.64

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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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 Odessa, DE Rentals by Map

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Frequently Asked Questions about Cheap Odessa Apartments

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

The lowest price for a Cheap One Bedroom Odessa Apartment is $1,305 at Governors Place Townhomes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Odessa is starting from $1,314 at Elkton Terrace.

What is the most affordable Odessa Three Bedroom Apartment?

The best deal on a cheap Odessa Three Bedroom Apartment rental is at Governors Place Townhomes and starts from $1,610.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.