
Cheap Homes for Rent in the Mermaid Neighborhood of Wilmington, DE from $1,950 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Mermaid area of Wilmington.

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.

37 Weer Cir
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.

4803 Paulson Dr
Mermaid, Wilmington, DE Local Guide

How much does it cost to rent a home in Mermaid?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mermaid 2 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
| Mermaid 3 Bedroom Homes for Rent | $2,708 | $2,500 | $2,825 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Mermaid Neighborhood of Wilmington, DE.
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Mermaid, Wilmington, DE Local Guide
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Best Value Apartments for Rent in Mermaid, DE
As of August 29, 2026 the best value apartment in the Mermaid area is the $2.19 price per square foot PC C2DWG Model at The Apartments at Pike Creek in the in the Meadowood neighborhood starting from $2,190. The second greatest value Mermaid apartment is the 2BR - 1BTH Upgraded Model at Foxwood Apartments starting at $1,575 with a $1.81 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 Apartments at Pike Creek | PC C2DWG | 2BR,2BA | $2.19 |
| Foxwood Apartments | 2BR - 1BTH Upgraded | 2BR,1BA | $1.81 |
| The Preserve at Deacon's Walk | 1D | 1BR,1BA | $1.91 |
| 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 |
| 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 |
| Fairway Park Apartments & Townhomes | One Bedroom | 1BR,1BA | $2.21 |
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 #29
Among cities in Delaware for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Mermaid, Wilmington, DE
Dickinson (John) High School
Stanton Middle School
School data provided by Great Schools
Frequently Asked Questions about Mermaid
What type of rentals are currently available in Mermaid?
There are currently 32 Apartments for Rent in Mermaid, DE with pricing that ranges from $1,105 to $3,100. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mermaid ranging from $1,950 to $2,825.
What is the current price range for Rental Homes in Mermaid?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mermaid ranges from $1,950 to $2,825 with an average monthly rent of $2,329.
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.

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.

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.