Cheap Apartments for Rent in the Mermaid Neighborhood of Wilmington, DE from $1,000 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mermaid area of Wilmington.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 4202 Harris Plz

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

4202 Harris Plz

WilmingtonDE19808

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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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Greenbank Manor
1 to 2 Bedroom Apartments

Greenbank Manor

221 Greenbank RdWilmington, DE 19808
  • Utilities Included
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Berkshire Gardens
2 Bedroom Apartments

Berkshire Gardens

1801-1847 Braken AveWilmington, DE 19808
  • Utilities Included

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.

Mermaid, Wilmington, DE Local Guide

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 ListingModel NameBed/BathPriced From
The OakleyElm1BR,1BA$1,250
Haverford ApartmentsOne Bedroom1BR,1BA$1,275
Arundel Apartments HomesAshland Jr. One Bedroom1BR,1BA$1,295
Cranston Hall Apartments1bd1BR,1BA$1,450
Abbey Walk ApartmentsThe Oxford - 2 bedroom/1 bath2BR,1BA$1,455
Heritage Court ApartmentsThe Orchard-2 bedroom/1 bath2BR,1BA$1,455
Driftwood Club Apartments2 Bedroom2BR,1BA$1,499
Christiana Pointe Apartments2 BR - 1 BTH2BR,1BA$1,550
The Preserve at Deacon's Walk2D2BR,2BA$1,695
Towers at GreenvilleOne Bedroom Large1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at Deacon's Walk2D2BR,2BA$1.82
Haverford ApartmentsLrg One Bedroom w/ Den or 2 Bedroom1BR,1BA$1.83
Abbey Walk ApartmentsThe Oxford - 2 bedroom/1 bath2BR,1BA$1.83
Heritage Court ApartmentsThe Orchard-2 bedroom/1 bath2BR,1BA$1.83
Driftwood Club Apartments2 Bedroom2BR,1BA$1.90
Towers at GreenvilleOne Bedroom Large1BR,1BA$2.26
The OakleyWillow1BR,1.5BA$1.87
Christiana Pointe Apartments2 BR - 1 BTH2BR,1BA$2.30
Cranston Hall Apartments1bdW/D1BR,1BA$2.38
Arundel Apartments HomesAshland Jr. One Bedroom1BR,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.

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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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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.

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Pet Friendly Lifestyle
Mermaid, Wilmington, DE

Ranked #27

Among cities in Delaware for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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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.

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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.

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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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.