
Cheap Apartments for Rent in Townsend, DE from $800 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Townsend.


Elkton Terrace

The Willows at Cecilton

Spring Crossing

Village of Canterbury Apartment Homes

Governors Place Townhomes

Salem Manor Apartments

Greenlawn Apartments

Christiana Reserve
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.

Elk Meadows

Aspen Run

The Enclave at Stoneyridge

Vinings at Christiana

Iron Hill Apartments

Christina Apartments

Sunnyside Apartments

The Greens at Cedar Chase

The Arbors Senior Apartments
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.

The Reserve at Forest Gate

The Reserve at South Ridge Phase l

Fox Run Apartments and Townhomes

Total Monthly Price
Boulden at Southfields

Middletown Apartments

The Reserve at Becks Pond

Brandywine Woods Apartment Homes

Summerton East

French Park Apartments
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.

The Reserve at Westown

St. Andrews Community

Summerton Place

Meridian Crossing Community

Gardens at Chesapeake Apartments

Frazier Place Apartments

133 S Main St

80 Longbow Ln

22 W Reybold Dr
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.

4 Rehoboth Cir

131 N Main St

212 Sinnickson St

Pine Valley

Railroad Square Apartments

94 Buttonwood Ave

401 Waters Edge Dr

271 Pine Valley Rd

150 E Village Rd
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.

120 Salerno Dr

407 Champs 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 | $1,770 | $896 | $2,365 |
| Townsend 2 Bedroom Apartments | $2,124 | $1,349 | $3,070 |
| Townsend 3 Bedroom Apartments | $2,751 | $1,052 | $3,400 |
| Townsend 4 Bedroom Apartments | $2,970 | $2,870 | $3,250 |
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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 Elkton Terrace in the Patriots Glen neighborhood priced from $1,189. Village of Canterbury Apartment Homes in the Traditions at Christiana neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,278. Here is today’s list of the most affordable Townsend apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elkton Terrace | 1BR Town | 1BR,1BA | $1,189 |
| Village of Canterbury Apartment Homes | One Bedroom | 1BR,1BA | $1,278 |
| Governors Place Townhomes | 1 bedroom | 1BR,1BA | $1,305 |
| Salem Manor Apartments | Townhome | 2BR,1BA | $1,350 |
| Christiana Reserve | Hartley | 1BR,1BA | $1,359 |
| 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 June 22, 2026 the best value apartment in the Townsend area is the $1.71 price per square foot Inverness, Jr. Model at Ascot Landing - Single Family Homes in the in the Red Lion Chase neighborhood starting from $2,725. The second greatest value Townsend apartment is the 2 Bedrooms, 2 Bathrooms Model at Summerton East starting at $2,305 with a $1.68 price per square foot . 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 | $1.71 |
| Summerton East | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.68 |
| Salem Manor Apartments | Townhome | 2BR,1BA | $1.11 |
| Sunnyside Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.53 |
| Middletown Apartments | 1 Bedroom/1.5 Bath | 1BR,1.5BA | $1.74 |
| Christiana Reserve | Hartley | 1BR,1BA | $1.60 |
| Governors Place Townhomes | 2 Bedroom | 2BR,1BA | $1.74 |
| Aspen Run | 1BD | 1BR,1BA | $1.68 |
| Village of Canterbury Apartment Homes | One Bedroom | 1BR,1BA | $1.78 |
| Elkton Terrace | 1BR Town | 1BR,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.
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 $1,189 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 $1,299 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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.