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

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Cheap Apartments in the Downtown Wilmington area of Wilmington.

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property at 203 Wright St

203 Wright St

WilmingtonNC28401
property at 607 S 11th St

607 S 11th St

WilmingtonNC28401
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Riverview
1 Bedroom Apartments

Riverview

212 Red Cross StWilmington, NC 28401
property at 206 S 20th St

206 S 20th St

WilmingtonNC28403

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Mid Castle
Studio Apartments

Mid Castle

1102 Castle StWilmington, NC 28401
  • Utilities Included

Downtown Wilmington, Wilmington, NC Local Guide

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 ListingModel NameBed/BathPriced From
Riverview ApartmentsOne Bedroom1BR,1BA$899
The Life at Lakeside Villas1 Bed 1 Bath1BR,1BA$943
The Pearl & The JewelRUBY1BR,1BA$995
The CreekAZALEA1BR,1BA$1,029
The Terrace Apartments214 Red Cross1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1303 S 3rd St, Unit A1303 S 3rd St3BR,1BA$1.28
The HelmsmanC2A3BR,2BA$1.62
219 S Water St, Unit 2219 S Water St2BR,1BA$1.67
1918 Pender Ave, Unit A1918 Pender Ave2BR,2BA$1.70
17 Market St, Unit 17-D Market Street17 Market St1BR,1BA$1.41
Forest HillsCOTTAGE2BR,1.5BA$1.64
Osprey LandingTide1BR,1BA$1.52
Chateau Terrace1 Bedroom 1 Bath1BR,1BA$1.57
The CreekAZALEA1BR,1BA$1.62
The Life at Lakeside Villas1 Bed 1 Bath1BR,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

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.

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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.

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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.

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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.