Cheap Apartments for Rent in the The Flats Neighborhood of Wilmington, DE from $500 (61 Rentals)

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

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.

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.

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.

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.

property at 7 Rockford Rd

$1,400 - $1,750

1 To 2 Bedroom Rentals

Available Now

7 Rockford Rd

WilmingtonDE19806
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Market Street Village
Studio to 1 Bedroom Apartments

Market Street Village

838 N Market StWilmington, DE 19801
  • Utilities Included
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West Street Apartments
Studio to 2 Bedroom Apartments

West Street Apartments

1601-1615 West StWilmington, DE 19802
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Wawaset Place Apartments
Studio to 2 Bedroom Apartments

Wawaset Place Apartments

818 Woodlawn AveWilmington, DE 19805
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The Flats Phase I
1 to 3 Bedroom Apartments

The Flats Phase I

525 N Union StWilmington, DE 19805
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811 MKT
1 Bedroom Apartments

811 MKT

811 N Market StWilmington, DE 19801

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 Greenview at Chestnut Run priced from $1,003. 824 N West St has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable The Flats apartments for rent in Wilmington, DE:

Apartment ListingModel NameBed/BathPriced From
Greenview at Chestnut Run1 Bedroom/1 Bathroom1BR,1BA$1,003
824 N West StStudio, 1 bathStudio,1BA$1,050
800-802 AdamsStudio, 1 bathStudio,1BA$1,050
Colonial CourtStudio, 1 bathStudio,1BA$1,100
Baynard Apartmentsstudio1BR,1BA$1,100
Greenville Place Apartments1JRDLX1BR,1BA$1,135
Greenville on 141 Apartments & TownhomesOne Bedroom EIK1BR,1BA$1,147
Riverfront HeightsCypress1BR,1BA$1,159
The Square at Trolley1E1BR,1BA$1,195

Best Value Apartments for Rent in The Flats, DE

As of January 13, 2026 the best value apartment in the The Flats area is the $1.00 price per square foot 2711 W 5th St Model at 2711 W 5th St, Unit 2 in the in the Southbridge neighborhood starting from $1,550. The second greatest value The Flats apartment is the Nemours Two Bedroom Model at The Residences at Rodney Square starting at $1,740 with a $1.70 price per square foot in the Southbridge 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.
2711 W 5th St, Unit 22711 W 5th St2BR,1BA$1.00
The Residences at Rodney SquareNemours Two Bedroom2BR,2BA$1.70
1912 W 3rd St, Unit F1912 W 3rd St2BR,1BA$1.64
Westview Apartments2 Bedroom2BR,1.5BA$1.70
Courtyard Apartments2 Beds, 1 bath2BR,1BA$1.43
835-839 N Tatnall St1 Bedroom | 1.5 Baths1BR,1.5BA$1.71
The Mayfair ApartmentsOne Bedroom1BR,1BA$1.59
The RobinsonVerbena2BR,1BA$1.59
Riverfront HeightsCypress1BR,1BA$1.65
1135 Lancaster Ave, Unit B room 21135 Lancaster Ave1BR,1BA$1.25

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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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.

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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.

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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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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 824 N West St listed at $1,050.

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

The lowest price for a Cheap One Bedroom The Flats Apartment is $1,003 at Greenview at Chestnut Run.

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 $1,160 at Greenview at Chestnut Run.

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 $1,530.

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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!