Cheap Apartments for Rent in Townsend, DE from $800 (29 Rentals)

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

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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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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Showing Results 1-29, Page 1 of 1

Townsend, DE Local Guide

Cheapest Available Townsend Apartments for Rent and Nearby

 

The cheapest available apartment rental in Townsend, DE is a 1 Bed unit found at Elkton Terrace in the Patriots Glen neighborhood priced from $1,189. 133 S Main St in the Wicksfield neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here is today’s list of the most affordable Townsend apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elkton Terrace1BR Town1BR,1BA$1,189
133 S Main St133-52BR,1BA$1,250
Village of Canterbury Apartment HomesOne Bedroom1BR,1BA$1,263
Iron Hill Apartments1 Bedroom1BR,1BA$1,305
Governors Place Townhomes1 bedroom1BR,1BA$1,305
Salem Manor ApartmentsTownhome2BR,1BA$1,350
Elk Meadows1 bedroom1BR,1BA$1,375
Spring CrossingSoho1BR,1BA$1,375
Aspen Run1BD1BR,1BA$1,375
Sunnyside Apartments1 Bed 1.5 Bath1BR,1BA$1,460

Best Value Apartments for Rent in Townsend, DE and Nearby

As of May 08, 2026 the best value apartment in the Townsend area is the $1.43 price per square foot 2 Bedroom Model at The Reserve at South Ridge Phase l in the starting from $1,795. The second greatest value Townsend apartment is the Townhome Model at Salem Manor Apartments starting at $1,350 with a $1.11 price per square foot . Here is today’s list of the best values for Townsend apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at South Ridge Phase l2 Bedroom2BR,2BA$1.43
Salem Manor ApartmentsTownhome2BR,1BA$1.11
Summerton East1 Bedroom, 1 Bathroom1BR,1BA$1.73
Christiana ReserveFenwick2BR,2BA$1.51
Sunnyside Apartments2 Bed 2 Bath2BR,2BA$1.49
The Reserve at Forest GateChardonnay1BR,1BA$1.75
Governors Place Townhomes2 Bedroom2BR,1BA$1.74
Aspen Run1BD1BR,1BA$1.65
Iron Hill Apartments1 Bedroom1BR,1BA$1.63
Elkton Terrace1BR Town1BR,1BA$1.70

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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Location, Location, Location!

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Frequently Asked Questions about Cheap Townsend Apartments

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

The lowest price for a Cheap One Bedroom Townsend Apartment is $1,189 at Elkton Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Townsend is starting from $1,250 at 133 S Main St.

What is the most affordable Townsend Three Bedroom Apartment?

The best deal on a cheap Townsend 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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.