
Cheap Apartments for Rent in the Downtown Wilmington Neighborhood of Wilmington, NC from $700 (25 Rentals)
Cheap Apartments in the Downtown Wilmington area of Wilmington.


1314 N 6th St

The Life at Lakeside Villas

306 N 11th St

The Creek

The Pearl & The Jewel

The Terrace Apartments

221 Red Cross St

Chateau Terrace
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.

Avalon of Wilmington

17 Market St, Unit 17-D Market Street

203 Wright St

607 S 11th St

1404 Wooster St

1014 Hall St

206 S 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.

119 S 12th St

Harrington Square

Westport Lofts
Downtown Wilmington, Wilmington, NC Local Guide

How much does it cost to rent an apartment in Downtown Wilmington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Wilmington Studio Apartments | $1,690 | $899 | $3,424 |
Downtown Wilmington 1 Bedroom Apartments | $1,758 | $943 | $4,193 |
Downtown Wilmington 2 Bedroom Apartments | $2,233 | $1,134 | $8,326 |
Downtown Wilmington 3 Bedroom Apartments | $2,345 | $929 | $5,400 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Downtown Wilmington Neighborhood of Wilmington, NC.
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Downtown Wilmington, Wilmington, NC Local Guide
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Cheapest Available Downtown Wilmington Apartments for Rent
 The cheapest available apartment rental in the Downtown Wilmington area of Wilmington, NC is a 1 Bed unit found at Riverview Apartments priced from $899. The Life at Lakeside Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $943. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Riverview Apartments | One Bedroom | 1BR,1BA | $899 |
The Life at Lakeside Villas | 1 Bed 1 Bath | 1BR,1BA | $943 |
The Pearl & The Jewel | RUBY | 1BR,1BA | $995 |
The Creek | AZALEA | 1BR,1BA | $1,029 |
The Terrace Apartments | 214 Red Cross | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Downtown Wilmington, NC
As of May 05, 2025 the best value apartment in the Downtown Wilmington area is the $1.28 price per square foot 1303 S 3rd St Model at 1303 S 3rd St, Unit A in the in the South Side neighborhood starting from $1,900. The second greatest value Downtown Wilmington apartment is the C2A Model at The Helmsman starting at $2,238 with a $1.62 price per square foot in the South Side neighborhood. Here is today’s list of the best values for Downtown Wilmington apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1303 S 3rd St, Unit A | 1303 S 3rd St | 3BR,1BA | $1.28 |
The Helmsman | C2A | 3BR,2BA | $1.62 |
219 S Water St, Unit 2 | 219 S Water St | 2BR,1BA | $1.67 |
1918 Pender Ave, Unit A | 1918 Pender Ave | 2BR,2BA | $1.70 |
17 Market St, Unit 17-D Market Street | 17 Market St | 1BR,1BA | $1.41 |
Forest Hills | COTTAGE | 2BR,1.5BA | $1.64 |
Osprey Landing | Tide | 1BR,1BA | $1.52 |
Chateau Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $1.57 |
The Creek | AZALEA | 1BR,1BA | $1.62 |
The Life at Lakeside Villas | 1 Bed 1 Bath | 1BR,1BA | $1.60 |
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Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Wilmington, NC. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, places to raise kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Downtown Wilmington Neighborhood in Wilmington, NC
Walk Score®
85 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
86 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
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 Downtown Wilmington Apartments
What is a cheap apartment in Downtown Wilmington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Wilmington is under $1,225.
What is the price of a cheap apartment in Downtown Wilmington?
The cheapest apartment in Downtown Wilmington is Riverview Apartments which is listed at $899, while the average apartment in Downtown Wilmington costs $1,917.
What types of apartments are the cheapest in Downtown 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 9 regular apartments in Downtown 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 Downtown Wilmington?
Cheap apartments in Downtown Wilmington have an average cost of $150 which is $1,767 cheaper than the average rent for all rentals in Downtown 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.

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.

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.

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.