Cheap Apartments for Rent in the Masonboro Neighborhood of Wilmington, NC from $800 (5 Rentals)

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

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

Masonboro, Wilmington, NC Local Guide

Cheapest Available Masonboro Apartments for Rent

 

The cheapest available apartment rental in the Masonboro area of Wilmington, NC is a Studio unit found at 34 North Apartments priced from $899. The Preserve at Pine Valley has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,055. Here are the most affordable Masonboro apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
34 North ApartmentsCLASSIC STUDIOStudio,1BA$899
The Preserve at Pine Valley11AZ1BR,1BA$1,055
Village Green Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$1,149

Best Value Apartments for Rent in Masonboro, NC

As of April 13, 2025 the best value apartment in the Masonboro area is the $2.04 price per square foot The Palmetto Model at Grand View Luxury Apartments in the in the Landfall neighborhood starting from $2,546. The second greatest value Masonboro apartment is the The Riverwalk Model at Hawthorne at Oleander starting at $1,743 with a $1.42 price per square foot in the Landfall neighborhood. Here is today’s list of the best values for Masonboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Grand View Luxury ApartmentsThe Palmetto2BR,2BA$2.04
Hawthorne at OleanderThe Riverwalk2BR,2BA$1.42
Harper LandingRetreat Renovated3BR,3BA$1.29
The HelmsmanA1F1BR,1BA$1.71
Still Meadow VillageTHE DUNNMORE1BR,1BA$1.51
The Keys at 17th StreetCaroline Premium Granite/Plank1BR,1BA$1.80
The Range On OleanderA31BR,1BA$2.13
Village Green Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$1.89
The Preserve at Pine Valley11AZ1BR,1BA$1.66
34 North ApartmentsSTUDIO RENOVATEDStudio ,1BA$1.78

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

Pet Friendly Lifestyle
Masonboro, Wilmington, NC

Ranked #23

Among neighborhoods in Wilmington, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Masonboro Neighborhood in Wilmington, NC

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

42 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

16 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Masonboro Apartments

What is the price of a cheap apartment in Masonboro?

The cheapest apartment in Masonboro is The Preserve at Pine Valley which is listed at $1,055, while the average apartment in Masonboro costs $2,250.

What types of apartments are the cheapest in Masonboro?

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 Masonboro 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 Masonboro?

Cheap apartments in Masonboro have an average cost of $344 which is $1,906 cheaper than the average rent for all rentals in Masonboro.

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.