Cheap Apartments for Rent in the The Flats Neighborhood of Wilmington, DE from $500 (93 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
1135 Lancaster Ave
$850 - $875
Total Monthly Price

Total Monthly Price

Base Rent
$850 - $875
Total Monthly Price
$850 - $875
1 Bedroom Apartment Available Now

1135 Lancaster Ave

1135 Lancaster AveWilmington, DE 19805
Furnished

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.

Read Article

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.

Read Article

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.

Read Article
property at 1412 Delaware Ave

$1,325 - $1,825

Studio To 1 Bedroom Rentals

Available Now

1412 Delaware Ave

WilmingtonDE19806
close
View Me
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 Jun 7

12 Ashton St

12 Ashton StWilmington, DE 19804
Affordability

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-50, Page 1 of 2

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 2 Beds unit found at The Robinson priced from $1,080. 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
The RobinsonVerbena2BR,1BA$1,080
The Rutledge Apartments1Bed1BR,1BA$1,100
Baynard ApartmentsEfficiencyStudio,1BA$1,100
Colonial CourtStudio, 1 bathStudio,1BA$1,100
Greenville Place Apartments1JRDLX1BR,1BA$1,135
Courtyard Apartments1 Bed, 1 Bath1BR,1BA$1,195
824 N West St1 Bed, 1 bath1BR,1BA$1,225

Best Value Apartments for Rent in The Flats, DE

As of April 15, 2026 the best value apartment in the The Flats area is the $1.56 price per square foot PENT Model at Wawaset Park Associates LLC in the in the Southbridge neighborhood starting from $2,500. 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.
Wawaset Park Associates LLCPENT2BR,2BA$1.56
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 HeightsFairfield*2BR,1BA$1.50
2305 N Monroe St, Unit 12305 N Monroe St1BR,1BA$1.68
835-839 N Tatnall St1 Bedroom | 1.5 Baths1BR,1.5BA$1.71
824 N West St1 Bed, 1 bath1BR,1BA$1.63
1135 Lancaster Ave1135 Lancaster Ave1BR,1BA$1.25
603 N Market St, Unit 301603 N Market StStudio ,1BA$1.65

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
The Flats, Wilmington, DE

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $1,100 at The Rutledge Apartments.

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 $1,080 at The Robinson.

What is the most affordable The Flats Three Bedroom Apartment?

The best deal on a cheap The Flats Three Bedroom Apartment rental is at The Robinson and starts from $1,505.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.