Cheap Homes for Rent in Port Penn, DE from $800 (8 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.

Port Penn, DE Local Guide

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 Georgetown Manor Apartments in the Traditions at Christiana neighborhood priced from $1,200. Castlebrook Apartments in the Dobbinsville neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,243. Here is today’s list of the most affordable Port Penn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1,200
Castlebrook ApartmentsStudio | 1 BathStudio,1BA$1,243
Village of Canterbury Apartment HomesOne Bedroom1BR,1BA$1,278

Best Value Apartments for Rent in Port Penn, DE and Nearby

As of May 24, 2026 the best value apartment in the Port Penn area is the $1.11 price per square foot Townhome Model at Salem Manor Apartments in the starting from $1,350. The second greatest value Port Penn apartment is the 3 Bed | 2 Bath Model at Sophias Place East starting at $1,984 with a $1.68 price per square foot in the Dobbinsville neighborhood. Here is today’s list of the best values for Port Penn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Salem Manor ApartmentsTownhome2BR,1BA$1.11
Sophias Place East3 Bed | 2 Bath3BR,2BA$1.68
The Garrison2 Bedroom w Balcony2BR,1BA$1.62
Summerton East1 Bedroom, 1 Bathroom1BR,1BA$1.64
Windsor Forest Townhomes2a. Two Bedroom One Bath2BR,1BA$1.55
Christiana ReserveFenwick2BR,2BA$1.51
Orchard Court Apartments2 Bedroom2BR,1BA$1.38
The Reserve at South Ridge Phase l1 Bedroom1BR,1BA$1.62
Aspen Run1BD1BR,1BA$1.68
Georgetown Manor ApartmentsOne Bedroom1BR,1BA$1.50

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 Port Penn

What type of rentals are currently available in Port Penn?

There are currently 34 Apartments for Rent in Port Penn, DE with pricing that ranges from $1,130 to $3,595. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Port Penn ranging from $850 to $4,950.

What is the current price range for Rental Homes in Port Penn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Port Penn ranges from $850 to $4,950 with an average monthly rent of $2,224.

How much are larger Three and Four Bedroom Rentals in Port Penn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Port Penn range from $1,590 to $3,455, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,990 and Four Bedroom Apartments start at $3,070.

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.