
Cheap Homes for Rent in Elsmere, DE from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Elsmere.


1603 W 13th St

314 Concord Ave
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.

508 W 9th St

1310 N French St

611 N Franklin St
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.

2707 W 4th St

1629 Bonwood Rd

6 W 20th St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Elsmere, DE Local Guide

How much does it cost to rent a home in Elsmere?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elsmere 2 Bedroom Homes for Rent | $1,743 | $1,295 | $2,495 |
Elsmere 3 Bedroom Homes for Rent | $2,212 | $1,500 | $3,345 |
Elsmere 4 Bedroom Homes for Rent | $2,727 | $1,800 | $4,600 |
Elsmere 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Top Homes for Rent in Elsmere
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Elsmere, DE Local Guide
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Cheapest Available Elsmere Apartments for Rent and Nearby
 The cheapest available apartment rental in Elsmere, DE is a 1 Bed unit found at Greenview at Chestnut Run in the The Flats neighborhood priced from $1,003. The Rutledge Apartments in the Southbridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Elsmere apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Greenview at Chestnut Run | 1 Bedroom/1 Bathroom | 1BR,1BA | $1,003 |
The Rutledge Apartments | One Bedroom with Private Outisde Entrance | 1BR,1BA | $1,100 |
Riverfront Heights | Cypress* | 1BR,1BA | $1,109 |
Best Value Apartments for Rent in Elsmere, DE and Nearby
As of May 16, 2025 the best value apartment in the Elsmere area is the $1.56 price per square foot Penthouse Model at Wawaset Park Apartments in the in the Southbridge neighborhood starting from $2,500. The second greatest value Elsmere apartment is the 1215 W 7th St Model at 1215 W 7th St, Unit 1 starting at $1,250 with a $1.04 price per square foot in the Southbridge neighborhood. Here is today’s list of the best values for Elsmere apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Wawaset Park Apartments | Penthouse | 2BR,2BA | $1.56 |
1215 W 7th St, Unit 1 | 1215 W 7th St | 1BR,1BA | $1.04 |
1016 McDowell Ct, Unit 2 | 1016 McDowell Ct | 2BR,1BA | $1.52 |
Maple Walk Apartments | Newly Renovated 2 Bedroom Apartments | 2BR,1BA | $1.56 |
The Mayfair Apartments | One Bedroom | 1BR,1BA | $1.59 |
Manchester Arms | 2 DX - deluxe w/gas | 2BR,1BA | $1.80 |
Reserve at Mill Creek | Two Bedroom Jr. | 2BR,1BA | $1.79 |
Newport Terrace Apartments | Azalea | 2BR,1BA | $1.73 |
Riverfront Heights | Cypress* | 1BR,1BA | $1.58 |
Greenview at Chestnut Run | 1 Bedroom/1 Bathroom | 1BR,1BA | $1.54 |
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.
Frequently Asked Questions about Elsmere
What type of rentals are currently available in Elsmere?
There are currently 197 Apartments for Rent in Elsmere, DE with pricing that ranges from $790 to $5,444. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elsmere ranging from $870 to $4,600.
What is the current price range for Rental Homes in Elsmere?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elsmere ranges from $870 to $4,600 with an average monthly rent of $1,952.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.