
Cheap Apartments for Rent near Townsend, DE from $800 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Townsend.


Elkton Terrace

The Willows at Cecilton

The Vinings at Christiana Apartments

Governors Place Townhomes

Village of Canterbury Apartment Homes

Salem Manor Apartments

Greenlawn Apartments

Christiana Reserve
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.

Elk Meadows

Aspen Run

The Enclave at Stoneyridge

Iron Hill Apartments

Christina Apartments

Sunnyside Apartments

The Greens at Cedar Chase

Total Monthly Price
Boulden at Southfields

Spring Crossing
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 Arbors Senior Apartments

The Reserve at Forest Gate

The Reserve at South Ridge Phase l

Fox Run Apartments and Townhomes

Middletown Apartments

The Reserve at Becks Pond

Brandywine Woods Apartment Homes

Summerton East

French Park Apartments
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.

The Reserve at Westown

St. Andrews Community

Summerton Place

Meridian Crossing Community

Gardens at Chesapeake Apartments

109 Summer Dr

Frazier Place Apartments

79 New St

111 Trupenny Turn
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.

1 Nighthawk Dr

133 S Main St

80 Longbow Ln

131 N Main St

4 Rehoboth Cir

Railroad Square Apartments

Pine Valley

384 Braddock Rd

203 Hamilton St
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.

408 Naughty Ln

37 Totter Way

247 Academy Ln
Townsend, DE Local Guide

How much does it cost to rent an apartment in Townsend?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Townsend Studio Apartments | $1,282 | $989 | $1,700 |
| Townsend 1 Bedroom Apartments | $1,720 | $896 | $2,320 |
| Townsend 2 Bedroom Apartments | $2,034 | $1,349 | $3,040 |
| Townsend 3 Bedroom Apartments | $2,746 | $1,052 | $3,400 |
| Townsend 4 Bedroom Apartments | $2,782 | $2,770 | $2,795 |
Browse Top Apartments in Townsend
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Townsend, DE Local Guide
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Cheapest Available Townsend Apartments for Rent and Nearby
 The cheapest available apartment rental in Townsend, 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 Townsend apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Governors Place Townhomes | 1 bedroom | 1BR,1BA | $1,305 |
| Elkton Terrace | 2BR Apt. | 2BR,1BA | $1,314 |
| 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 |
| Elk Meadows | 1 bedroom | 1BR,1BA | $1,375 |
| Aspen Run | 1BD | 1BR,1BA | $1,395 |
| Iron Hill Apartments | 1 Bedroom | 1BR,1BA | $1,455 |
| Sunnyside Apartments | 1 Bed 1.5 Bath | 1BR,1BA | $1,485 |
| Christina Apartments | 1 Bed 1.5 Bath | 1BR,1BA | $1,485 |
Best Value Apartments for Rent in Townsend, DE and Nearby
As of August 07, 2026 the best value apartment in the Townsend area is the $1.61 price per square foot Inverness, Jr. Model at Ascot Landing - Single Family Homes in the in the Red Lion Chase neighborhood starting from $2,575. The second greatest value Townsend apartment is the Cabernet Model at The Reserve at Forest Gate starting at $2,195 with a $1.53 price per square foot in the Patriots Glen neighborhood. Here is today’s list of the best values for Townsend apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ascot Landing - Single Family Homes | Inverness, Jr. | 3BR,2BA | $1.61 |
| The Reserve at Forest Gate | Cabernet | 3BR,2BA | $1.53 |
| Spring Crossing | Tribeca | 3BR,2BA | $1.37 |
| Salem Manor Apartments | Townhome | 2BR,1BA | $1.11 |
| Sunnyside Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.53 |
| The Enclave at Stoneyridge | 2BD | 2BR,2BA | $1.60 |
| The Reserve at South Ridge Phase l | 1 Bedroom | 1BR,1BA | $1.62 |
| The Vinings at Christiana Apartments | Two Bedroom | 2BR,2BA | $1.61 |
| Christiana Reserve | Bethany | 1BR,1BA | $1.63 |
| Elkton Terrace | 2BR 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.
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 Townsend, DE Rentals by Map
See the most popular apartments and homes in Townsend, DE
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 $1,305 at Governors Place Townhomes.
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 $1,314 at Elkton Terrace.
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

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.

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.

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.