
Cheap Homes for Rent in The Flats Neighborhood of Wilmington, DE from $800 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the The Flats area of Wilmington.


724 N Market St, Unit 3

219 S Union St

312 Concord Ave

1110 Read St

306 W 23rd St

302 W 23rd St
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.

314 Concord Ave

8 S Dupont St

4 Lower Oak St

8 W 20th St

6 W 20th St

225 W 4th St, Unit 1

1114 Lancaster Ave
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.

1912 W 14th St

806 N Van Buren St, Unit Apt. 1 Front

518 E 12th St

1200 W 10th St, Unit 3

275 Filbert Ave

428 S Jackson St

304 Porter St
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.
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 | $1,493 | $1,250 | $2,500 |
| The Flats 3 Bedroom Homes for Rent | $2,086 | $1,495 | $4,500 |
| The Flats 4 Bedroom Homes for Rent | $2,559 | $1,900 | $4,500 |
| The Flats 5 Bedroom Homes for Rent | $2,050 | $2,050 | $2,050 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the The Flats Neighborhood of Wilmington, DE.
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The Flats, Wilmington, DE Local Guide
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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 Birchwood at Rodney Court 62+ Community priced from $1,042. The Robinson has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,080. Here are the most affordable The Flats apartments for rent in Wilmington, DE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Birchwood at Rodney Court 62+ Community | 1 BEDROOM | 1BR,1BA | $1,042 |
| The Robinson | Verbena | 2BR,1BA | $1,080 |
| The Rutledge Apartments | 1Bed | 1BR,1BA | $1,100 |
| Baynard Apartments | Efficiency | Studio,1BA | $1,100 |
| Colonial Court | Studio, 1 bath | Studio,1BA | $1,100 |
Best Value Apartments for Rent in The Flats, DE
As of June 08, 2026 the best value apartment in the The Flats area is the $1.55 price per square foot 2 Bedroom Model at Westview Apartments 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. |
|---|---|---|---|
| Westview Apartments | 2 Bedroom | 2BR,1.5BA | $1.55 |
| 1215 W 7th St, Unit Apartment 1 | 1215 W 7th St | 1BR,1BA | $1.28 |
| Riverfront Heights | Seneca | 2BR,2BA | $1.66 |
| Birchwood at Rodney Court 62+ Community | 2 BEDROOM | 2BR,1BA | $1.41 |
| 835-839 N Tatnall St | 1 Bedroom | 1.5 Baths | 1BR,1.5BA | $1.71 |
| The Mayfair Apartments | One Bedroom | 1BR,1BA | $1.59 |
| Greenville Place Apartments | 2STD | 2BR,1BA | $1.62 |
| The Robinson | Verbena | 2BR,1BA | $1.47 |
| 824 N West St | 1 Bed, 1 bath | 1BR,1BA | $1.63 |
| 603 N Market St, Unit 301 | 603 N Market St | Studio ,1BA | $1.65 |
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 LifestyleThe Flats, Wilmington, DE
Ranked #9
Among cities in Delaware for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in The Flats, Wilmington, DE
Highlands Elementary School
duPont (Alexis I.) High School
School data provided by Great Schools
Frequently Asked Questions about The Flats
What type of rentals are currently available in The Flats?
There are currently 274 Apartments for Rent in The Flats, DE with pricing that ranges from $790 to $5,694. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in The Flats ranging from $890 to $4,500.
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 $890 to $4,500 with an average monthly rent of $1,854.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.