
Cheap Apartments for Rent in the Mermaid Neighborhood of Wilmington, DE from $1,000 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mermaid area of Wilmington.


Heritage Court Apartments

Cynwood Club Apartments

Driftwood Club Apartments

Midway Park Apartments

The Oakley
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.

Arundel Apartments Homes

Haverford Apartments

Arbor Pointe Apartments

Saddle Ridge Crossing

The Crossings at Limestone Apartments

Cranston Hall 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.

Christiana Pointe Apartments

Linden Hill Station Apartments and Townhomes

4202 Harris Plz

Walden Townhomes

Fairway Park Apartments & Townhomes

Woodlea Elderly 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.

Birchwood at Manlove Manor (62+ Community)

Greenbank Manor

Kirkwood Crossing Apartments

Berkshire Gardens

2621 Darby Dr

Abbey Walk Apartments
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.

Foxwood Apartments

The Preserve at Deacon's Walk

The Apartments at Pike Creek
Mermaid, Wilmington, DE Local Guide

How much does it cost to rent an apartment in Mermaid?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mermaid Studio Apartments | $1,146 | $1,070 | $1,264 |
| Mermaid 1 Bedroom Apartments | $1,439 | $1,125 | $1,794 |
| Mermaid 2 Bedroom Apartments | $1,692 | $1,325 | $2,775 |
| Mermaid 3 Bedroom Apartments | $2,436 | $1,450 | $3,100 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Mermaid Neighborhood of Wilmington, DE.
See all Apartments in WilmingtonExplore Wilmington
Mermaid, Wilmington, DE Local Guide
- Nearby Wilmington neighborhoods
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Cheapest Available Mermaid Apartments for Rent
 The cheapest available apartment rental in the Mermaid area of Wilmington, DE is a 1 Bed unit found at The Oakley priced from $1,250. Haverford Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,275. Here are the most affordable Mermaid apartments for rent in Wilmington, DE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Oakley | Elm | 1BR,1BA | $1,250 |
| Haverford Apartments | One Bedroom | 1BR,1BA | $1,275 |
| Arundel Apartments Homes | Ashland Jr. One Bedroom | 1BR,1BA | $1,295 |
| Cranston Hall Apartments | 1bd | 1BR,1BA | $1,450 |
| Abbey Walk Apartments | The Oxford - 2 bedroom/1 bath | 2BR,1BA | $1,455 |
| Heritage Court Apartments | The Orchard-2 bedroom/1 bath | 2BR,1BA | $1,455 |
| Driftwood Club Apartments | 2 Bedroom | 2BR,1BA | $1,499 |
| Christiana Pointe Apartments | 2 BR - 1 BTH | 2BR,1BA | $1,550 |
| The Preserve at Deacon's Walk | 2D | 2BR,2BA | $1,695 |
| Towers at Greenville | One Bedroom Large | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Mermaid, DE
As of June 13, 2026 the best value apartment in the Mermaid area is the $1.82 price per square foot 2D Model at The Preserve at Deacon's Walk in the in the Meadowood neighborhood starting from $1,695. The second greatest value Mermaid apartment is the Lrg One Bedroom w/ Den or 2 Bedroom Model at Haverford Apartments starting at $1,465 with a $1.83 price per square foot in the Meadowood neighborhood. Here is today’s list of the best values for Mermaid apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Preserve at Deacon's Walk | 2D | 2BR,2BA | $1.82 |
| Haverford Apartments | Lrg One Bedroom w/ Den or 2 Bedroom | 1BR,1BA | $1.83 |
| Abbey Walk Apartments | The Oxford - 2 bedroom/1 bath | 2BR,1BA | $1.83 |
| Heritage Court Apartments | The Orchard-2 bedroom/1 bath | 2BR,1BA | $1.83 |
| Driftwood Club Apartments | 2 Bedroom | 2BR,1BA | $1.90 |
| Towers at Greenville | One Bedroom Large | 1BR,1BA | $2.26 |
| The Oakley | Willow | 1BR,1.5BA | $1.87 |
| Christiana Pointe Apartments | 2 BR - 1 BTH | 2BR,1BA | $2.30 |
| Cranston Hall Apartments | 1bdW/D | 1BR,1BA | $2.38 |
| Arundel Apartments Homes | Ashland Jr. One Bedroom | 1BR,1BA | $2.59 |
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.
Pet Friendly LifestyleMermaid, Wilmington, DE
Ranked #27
Among cities in Delaware for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Mermaid, Wilmington, DE
Dickinson (John) High School
Stanton Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities and towns, and rental properties across Delaware, including Wilmington. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendliness, and other valuable search options. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Mermaid Apartments
How much is rent for a Cheap One Bedroom Mermaid Apartment?
The lowest price for a Cheap One Bedroom Mermaid Apartment is $1,250 at The Oakley.
What is the lowest price for a Cheap Two Bedroom Mermaid Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mermaid is starting from $1,325 at The Oakley.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.