Cheap Apartments for Rent in the The Flats Neighborhood of Wilmington, DE from $638 (102 Rentals)

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

property at 712 N West St

$900

1 Bedroom Rentals

Available Sep 7

712 N West St

WilmingtonDE19801
property at 407 W 8th St

$1,000 - $1,300

1 To 3 Bedroom Rentals

Available Now

407 W 8th St

WilmingtonDE19801

Rent According to Income: A Look at Income-Restricted Rentals

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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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property at 125 N DuPont St

$1,329

Total Monthly Price

Total Monthly Price

Base Rent
$1,329
Total Monthly Price
$1,329

3 Bedroom, 1 Bath Townhome for Rent

Available Now

125 N DuPont St

WilmingtonDE19805
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12 Ashton St
$1,350 - $2,000
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $2,000
Total Monthly Price
$1,350 - $2,000
Studio to 1 Bedroom Apartment Available Nov 24

12 Ashton St

12 Ashton StWilmington, DE 19804
Affordability

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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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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The Flats, Wilmington, DE Local Guide

Cheapest Available The Flats Apartments for Rent

 

The cheapest available apartment rental in the The Flats area of Wilmington, DE is a 1 Bed unit found at Birchwood at Rodney Court 62+ Community priced from $1,042. The Rutledge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable The Flats apartments for rent in Wilmington, DE:

Apartment ListingModel NameBed/BathPriced From
Birchwood at Rodney Court 62+ Community1 BEDROOM1BR,1BA$1,042
The Rutledge Apartments1Bed1BR,1BA$1,100
Colonial CourtStudio, 1 bathStudio,1BA$1,100
800-802 Adams1 Bed, 1 bath1BR,1BA$1,195
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1,195
824 N West St1 Bed, 1 bath1BR,1BA$1,225
Greenville Place Apartments1STD1BR,1BA$1,250
West Street Portfolio1 BR 1 Bath1BR,1BA$1,250

Best Value Apartments for Rent in The Flats, DE

As of August 29, 2026 the best value apartment in the The Flats area is the $0.92 price per square foot 505 N Rodney St Model at 505 N Rodney St in the in the Southbridge neighborhood starting from $2,000. The second greatest value The Flats apartment is the 1403 N Scott St Model at 1403 N Scott St, Unit A starting at $1,700 with a $1.42 price per square foot in the The Flats neighborhood. Here is today’s list of the best values for The Flats apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
505 N Rodney St505 N Rodney St2BR,1.5BA$0.92
1403 N Scott St, Unit A1403 N Scott St2BR,1BA$1.42
1215 W 7th St, Unit Apartment 11215 W 7th St1BR,1BA$1.28
Westview Apartments2 Bedroom2BR,1.5BA$1.55
Riverfront HeightsFairfield2BR,1BA$1.56
Birchwood at Rodney Court 62+ Community2 BEDROOM2BR,1BA$1.41
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
824 N West St1 Bed, 1 bath1BR,1BA$1.63
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1.71
3 Corbin Ct, Unit 3-C Corbin Court3 Corbin Ct1BR,1BA$1.50

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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Quick 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.

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Pet Friendly Lifestyle
The Flats, Wilmington, DE

Ranked #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
The Flats, Wilmington, DE

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in metropolitan areas across the United States and customized analysis for Central 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 outdoor amenities like tennis courts, luxury amenities, pet-friendly features, apartment communities for the kids, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap The Flats Apartments

What is the Cheapest Studio apartment in The Flats?

Currently the most affordable Cheap Studio Apartment in The Flats is at Colonial Court listed at $1,100.

How much is rent for a Cheap One Bedroom The Flats Apartment?

The lowest price for a Cheap One Bedroom The Flats Apartment is $1,042 at Birchwood at Rodney Court 62+ Community.

What is the lowest price for a Cheap Two Bedroom The Flats Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in The Flats is starting from $1,257 at Birchwood at Rodney Court 62+ Community.

What is the most affordable The Flats Three Bedroom Apartment?

The best deal on a cheap The Flats Three Bedroom Apartment rental is at Greenview at Chestnut Run and starts from $1,914.

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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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.