Cheap Apartments for Rent in Wilmington, NC from $500 (98 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wilmington.

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property at 306 N 11th St

306 N 11th St

WilmingtonNC28401
Showing Results 1-50, Page 1 of 2

Wilmington, NC Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Wilmington, NC

Pricing Updated: 04/25/2025

Current apartment rentals in the Wilmington, NC area range in price from $709 to $8,223 with an overall median price of $2,105. The three Wilmington neighborhoods with the lowest median rent pricing are Cape Fear Country Club at $790, Lincoln Forest at $709, and River Pointe Masonboro Commons at $1,199. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Cape Fear Country Club$1,550$790173
Lincoln Forest$1,550$709338
River Pointe Masonboro Commons$1,571$1,19940
Pine Valley East$1,587$1,5252
Sunset Park$1,615$943119
Kings Grant$1,775$785320
UNC Wilmington$1,801$709436
Masonboro$1,841$899147
College Acres$1,850$709380
Creekwood$1,850$709282

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, NC is a 3 Beds unit found at Seahawk Cove in the College Acres neighborhood priced from $729. VIVO Living Wilmington in the College Acres neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Seahawk Cove3x3 Deluxe3BR,3BA$729
VIVO Living WilmingtonThe Sea HavenStudio,1BA$795
Riverview ApartmentsOne Bedroom1BR,1BA$899
The Life at Lakeside Villas1 Bed 1 Bath1BR,1BA$943
Lofts of WilmingtonA1C - Dogwood I Classic1BR,1BA$950
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$975
River City Studio HomesS3Studio,1BA$975
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$985
The Pearl & The JewelRUBY1BR,1BA$995
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$999

Best Value Apartments for Rent in Wilmington, NC

As of April 25, 2025 the best value apartment in the Wilmington area is the $0.55 price per square foot Wrightsville Model at Platos Lofts at Randall in the in the College Acres neighborhood starting from $770. The second greatest value Wilmington apartment is the 731 Bragg Dr Model at 731 Bragg Dr, Unit A starting at $1,525 with a $1.13 price per square foot in the Pine Valley East neighborhood. Here is today’s list of the best values for Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Platos Lofts at RandallWrightsville4BR,4BA$0.55
731 Bragg Dr, Unit A731 Bragg Dr3BR,2BA$1.13
Glenmeade VillageMagnolia3BR,2BA$1.26
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.80
Seahawk Cove3x3 Deluxe3BR,3BA$0.66
The Flats at LelandThe Leland2BR,2BA$1.26
Cypress Grove ApartmentsTwo Bedrom One and a Half Bath Townhome2BR,1.5BA$1.18
Bonnet Ct2 Bedoom 2 Bathoom2BR,2BA$1.25
Aspire 3492 Bed 2 Bath - Furnished2BR,2BA$0.84
The Nest at 49552x22BR,2BA$1.13

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Wilmington Overview

A coastal post city in the great state of North Carolina, Wilmington is a progressive city known for its scenic beauty and thriving arts community. Officially designated as a 'Coast Guard City', the city is home to a number of ships and other war memorials, as well as a wide range of impressive historic homes and sprawling estates.

Why live in Wilmington, NC?

Known among film fans as 'Hollywood East', apartments for rent in Wilmington offer close proximity not only to the famous Screen Gems Studios (ground zero for hit shows such as 'Dawson's Creek' and 'One Tree Hill'), but also an impressive myriad of cultural destinations, ranging from art galleries to museums. Add to that a jaw-dropping coastal view, and you have a North Carolina city well worthy of your consideration.

Pet Friendly Lifestyle
Wilmington, NC

Ranked #6

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Wilmington, NC Rentals by Map

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See the most popular apartments and homes in Wilmington, NC

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Getting Around Wilmington, NC

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

17 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Wilmington Apartments

What is a cheap apartment in Wilmington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wilmington is under $999.

What is the price of a cheap apartment in Wilmington?

The cheapest apartment in Wilmington is Riverview Apartments which is listed at $899, while the average apartment in Wilmington costs $2,105.

What types of apartments are the cheapest in Wilmington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 134 regular apartments in Wilmington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Wilmington?

Cheap apartments in Wilmington have an average cost of $272 which is $1,833 cheaper than the average rent for all rentals in Wilmington.

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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.