Cheap Homes for Rent in Oak Island, NC from $1,500 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Oak Island.

Oak Island, NC Local Guide

Cheapest Available Oak Island Apartments for Rent

 

The cheapest available apartment rental in Oak Island, NC is a 1 Bed unit found at Cardinal Pointe priced from $817. Veterans Park in the River Pointe Masonboro Commons neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $959. Here is today’s list of the most affordable Oak Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cardinal Pointe1 bed-1 bath1BR,1BA$817
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$959
Egret Crossing ApartmentsStudio- 1 Person onlyStudio,1BA$975
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$975
Birch Pond ApartmentsAtlantic1BR,1BA$1,170

Best Value Apartments for Rent in Oak Island, NC

As of March 25, 2025 the best value apartment in the Oak Island area is the $0.97 price per square foot 665 Savanac St SE Model at 665 Savanac St SE in the starting from $1,949. The second greatest value Oak Island apartment is the 697 Savanac St SE Model at 697 Savanac St SE starting at $1,949 with a $0.97 price per square foot . Here is today’s list of the best values for Oak Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
665 Savanac St SE665 Savanac St SE3BR,3BA$0.97
697 Savanac St SE697 Savanac St SE3BR,3BA$0.97
Jackey's RidgeAria3BR,2BA$1.48
The Landing at Stone ChimneyARIA3BR,2BA$1.37
Westgate TownesRivers3BR,2.5BA$1.47
Carolina CrossingThe Efficient3BR,2BA$1.42
Encore at WestgateOracoke2BR,2.5BA$1.40
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.80
Cardinal Pointe2 bed-1 bath2BR,1BA$1.06
Hawthorne WatersideLaguna2BR,2BA$1.36

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Oak Island

What type of rentals are currently available in Oak Island?

There are currently 61 Apartments for Rent in Oak Island, NC with pricing that ranges from $641 to $4,600. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Island ranging from $1,500 to $3,500.

What is the current price range for Rental Homes in Oak Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Island ranges from $1,500 to $3,500 with an average monthly rent of $2,395.

How much are larger Three and Four Bedroom Rentals in Oak Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Island range from $877 to $3,130, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,400. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,270.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.