Cheap Apartments for Rent in Townsend, DE from $804 (49 Rentals)

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

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.

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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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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.

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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.

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133 S Main St
2 Bedroom Apartments

133 S Main St

133 S Main StSmyrna, DE 19977
  • Utilities Included
property at 16 S Main St
$1,800
2 Bedroom Rentals
Available Now

16 S Main St

SmyrnaDE19977

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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Pine Valley
1 to 3 Bedroom Apartments

Pine Valley

1000 Spyglass DrElkton, MD 21921
Showing Results 1-49, 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 Birchwood at Elkton (62+ Community) in the Patriots Glen neighborhood priced from $920. Spring Crossing in the Patriots Glen neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here is today’s list of the most affordable Townsend apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Birchwood at Elkton (62+ Community)1 Bedroom1BR, 1BA$920
Spring CrossingSoho1BR, 1BA$1,125
Elkton Terrace1BR Town1BR, 1BA$1,189
North Street Senior2 Bedroom2BR, 1BA$1,225
Salem Manor ApartmentsTownhome2BR, 1BA$1,350
Village of Canterbury Apartment HomesOne Bedroom Standard Style1BR, 1BA$1,350
Elk Meadows1 bedroom1BR, 1BA$1,375
Aspen Run1BD1BR, 1BA$1,395
Iron Hill Apartments1 Bedroom1BR, 1BA$1,455
Sunnyside Apartments1 Bed 1.5 Bath1BR, 1BA$1,485

Best Value Apartments for Rent in Townsend, DE and Nearby

As of September 24, 2026 the best value apartment in the Townsend area is the $1.59 price per square foot Berkshire Model at Ascot Landing - Single Family Homes in the Red Lion Chase neighborhood starting from $2,730. The second greatest value Townsend apartment is the Townhome Model at Salem Manor Apartments in the Salem County neighborhood 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.
Ascot Landing - Single Family HomesBerkshire3BR, 2.5BA$1.59
Salem Manor ApartmentsTownhome2BR, 1BA$1.11
The Reserve at Forest GateBordeaux2BR, 2BA$1.60
Christiana ReserveFenwick2BR, 2BA$1.51
Sunnyside Apartments2 Bed 2 Bath2BR, 2BA$1.53
The Enclave at Stoneyridge2BD2BR, 2BA$1.60
The Reserve at South Ridge Phase l1 Bedroom1BR, 1BA$1.62
North Street Senior2 Bedroom2BR, 1BA$1.38
Aspen Run1BD1BR, 1BA$1.68
Birchwood at Elkton (62+ Community)1 Bedroom1BR, 1BA$1.31

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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 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 $920 at Birchwood at Elkton (62+ Community).

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 $1,225 at North Street Senior.

What is the most affordable Townsend Three Bedroom Apartment?

The best deal on a cheap Townsend Three Bedroom Apartment rental is at Spring Crossing and starts from $1,700.

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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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.