
Cheap Homes for Rent in The Flats Neighborhood of Wilmington, DE from $1,000 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the The Flats area of Wilmington.


503 N Rodney St

406 E 12th St

422 E 4th St
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.

123 N Dupont St

1220 Lancaster Ave

225 W 4th St

1200 W 10th St
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 Flats, Wilmington, DE Local Guide

How much does it cost to rent a home in The Flats?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Flats 2 Bedroom Homes for Rent | $1,925 | $1,300 | $3,000 |
| The Flats 3 Bedroom Homes for Rent | $1,951 | $1,350 | $3,750 |
| The Flats 4 Bedroom Homes for Rent | $2,100 | $2,000 | $2,200 |
| The Flats 5 Bedroom Homes for Rent | $2,525 | $2,050 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the The Flats Neighborhood of Wilmington, DE.
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenview at Chestnut Run | 1 Bedroom/1 Bathroom | 1BR,1BA | $1,003 |
| 824 N West St | Studio, 1 bath | Studio,1BA | $1,050 |
| Colonial Court | Studio, 1 bath | Studio,1BA | $1,100 |
Best Value Apartments for Rent in The Flats, DE
As of January 22, 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 1215 W 7th St Model at 1215 W 7th St, Unit Apartment 1 starting at $1,275 with a $1.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2711 W 5th St, Unit 2 | 2711 W 5th St | 2BR,1BA | $1.00 |
| 1215 W 7th St, Unit Apartment 1 | 1215 W 7th St | 1BR,1BA | $1.28 |
| Courtyard Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.43 |
| 1912 W 3rd St, Unit F | 1912 W 3rd St | 2BR,1BA | $1.64 |
| Westview Apartments | 2 Bedroom | 2BR,1.5BA | $1.70 |
| 835-839 N Tatnall St | 1 Bedroom | 1.5 Baths | 1BR,1.5BA | $1.71 |
| The Mayfair Apartments | One Bedroom | 1BR,1BA | $1.59 |
| The Robinson | Verbena | 2BR,1BA | $1.59 |
| Riverfront Heights | Cypress | 1BR,1BA | $1.65 |
| 1135 Lancaster Ave, Unit B room 2 | 1135 Lancaster Ave | 1BR,1BA | $1.25 |
Frequently Asked Questions about The Flats
What type of rentals are currently available in The Flats?
There are currently 283 Apartments for Rent in The Flats, DE with pricing that ranges from $554 to $5,694. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Flats ranging from $1,075 to $3,750.
What is the current price range for Rental Homes in The Flats?
Today's rental pricing for Homes for Rent, Condos and Townhomes in The Flats ranges from $1,075 to $3,750 with an average monthly rent of $1,861.
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

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.

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.

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.

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.