Climate change and urbanization have led to an increase in the amount of water flowing into traditional drainage systems, which results in frequent urban flooding. Low–Impact Development (LID) facilities, with their distributed feature, are one of the important means to mitigate flooding and have been widely used. In this paper, based on integrated catchment management (ICM), we compare the abatement of runoff, flooding, and ponding under two durations of rainfall and eight different return periods with runoff as the control objective (RACO) and flooding as the control objective (FACO) for the deployment of LID facilities. The waterlogged area of FACO is higher by a range of 92.462 m2 to 24,124.39 m2 compared to RACO. Both percentage reduction of overflow volume and runoff volume tend to decrease gradually with the increase in the return period. For the percentage reduction of runoff volume per unit area, sometimes RACO is greater than FACO, and sometimes vice versa, while for the percentage reduction of overflow volume per unit area, the range where FACO exceeds RACO is between 0.29 to 10.95 (%/ha). The cost of FACO has decreased by 4.94% to 46.20% compared to RACO. This shows that FACO’s LID deployment method can fully utilize the capacity of LID facilities to mitigate inundation, reducing the cost of LID facilities to a certain extent.