
Cheap Apartments for Rent in Port Penn, DE from $1,130 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Port Penn.


Orchard Court Apartments

Georgetown Manor Apartments

Castlebrook Apartments

Village of Canterbury Apartment Homes

Greenlawn Apartments

Salem Manor Apartments
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.

124 Yorke St

Christiana Reserve

Waterside Village

The Enclave at Stoneyridge

Aspen Run

Sophias Place East

The Village of Barrett's Run
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.

The Garrison

Appleby Apartments

School Bell Apartments

The Reserve at South Ridge Phase l

Fox Run Apartments and Townhomes

1909 Gladys St

Windsor Forest Townhomes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Middletown Apartments

The Reserve at Becks Pond

Summerton East

374 Manuel St

Applegate Apartments

380 E Broadway

Galloway Court Apartment Homes
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.

46 Plover Cir

218 Sinnickson St

75 Hedge St
Port Penn, DE Local Guide

How much does it cost to rent an apartment in Port Penn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Port Penn Studio Apartments | $1,415 | $1,130 | $1,700 |
| Port Penn 1 Bedroom Apartments | $1,794 | $1,200 | $2,320 |
| Port Penn 2 Bedroom Apartments | $2,166 | $1,350 | $3,338 |
| Port Penn 3 Bedroom Apartments | $2,857 | $1,590 | $3,400 |
| Port Penn 4 Bedroom Apartments | $2,970 | $2,770 | $3,595 |
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Port Penn, DE Local Guide
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Cheapest Available Port Penn Apartments for Rent and Nearby
 The cheapest available apartment rental in Port Penn, DE is a 1 Bed unit found at Castlebrook Apartments priced from $1,251. Orchard Court Apartments in the Penns Beach neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Port Penn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Castlebrook Apartments | 1 Bed | 1 Bath | 1BR,1BA | $1,251 |
| Orchard Court Apartments | 1 Bedroom | 1BR,1BA | $1,300 |
| Salem Manor Apartments | Townhome | 2BR,1BA | $1,350 |
| Christiana Reserve | Hartley | 1BR,1BA | $1,359 |
| Village of Canterbury Apartment Homes | One Bedroom Renovated | 1BR,1BA | $1,360 |
| Waterside Village | The Arbor | 1BR,1BA | $1,380 |
| Aspen Run | 1BD | 1BR,1BA | $1,395 |
| The Village of Barrett's Run | 1BD | 1BR,1BA | $1,495 |
| Sophias Place East | 2 Bed | 2 Bath | 2BR,2BA | $1,499 |
| Appleby Apartments | The Brandywine 1BR 1BA | 1BR,1BA | $1,510 |
Best Value Apartments for Rent in Port Penn, DE and Nearby
As of August 23, 2026 the best value apartment in the Port Penn area is the $1.59 price per square foot Berkshire Model at Ascot Landing - Single Family Homes in the in the Red Lion Chase neighborhood starting from $2,730. The second greatest value Port Penn apartment is the Nottingham 3x2.5 Model at Valley Stream Village Townhomes starting at $2,295 with a $1.69 price per square foot in the Traditions at Christiana neighborhood. Here is today’s list of the best values for Port Penn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ascot Landing - Single Family Homes | Berkshire | 3BR,2.5BA | $1.59 |
| Valley Stream Village Townhomes | Nottingham 3x2.5 | 3BR,2.5BA | $1.69 |
| The Helm and Deemers Landing | 2BR/2BA | 2BR,2BA | $1.61 |
| Salem Manor Apartments | Townhome | 2BR,1BA | $1.11 |
| The Garrison | Vista | 2BR,2BA | $1.54 |
| Orchard Court Apartments | 2 Bedroom | 2BR,1BA | $1.38 |
| Windsor Forest Townhomes | 1a. 2 Floor Townhome One Bedroom w/den | 1BR,1BA | $1.63 |
| The Village of Barrett's Run | 1BD | 1BR,1BA | $1.68 |
| Christiana Reserve | Bethany | 1BR,1BA | $1.63 |
| Aspen Run | 1BD | 1BR,1BA | $1.68 |
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Port Penn, DE Rentals by Map
See the most popular apartments and homes in Port Penn, DE
Frequently Asked Questions about Cheap Port Penn Apartments
How much is rent for a Cheap One Bedroom Port Penn Apartment?
The lowest price for a Cheap One Bedroom Port Penn Apartment is $1,251 at Castlebrook Apartments.
What is the lowest price for a Cheap Two Bedroom Port Penn Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Port Penn is starting from $1,350 at Salem Manor Apartments.
What is the most affordable Port Penn Three Bedroom Apartment?
The best deal on a cheap Port Penn Three Bedroom Apartment rental is at Christiana Reserve and starts from $1,769.
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.