Cheap Apartments for Rent in New Hanover County, NC from $600 (111 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Hanover County.

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property at 923 N 5th Ave

$1,200

2 Bedroom Rentals

Available Now

923 N 5th Ave

WilmingtonNC28401

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Overlook at RiverPlace
Rent Specials
$1,239 - $2,659
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $2,619
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Overlook at RiverPlace

14 Grace StWilmington, NC 28401
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Cheapest Available New Hanover County Apartments for Rent

 

The cheapest available apartment rental in New Hanover County, NC is a 3 Beds unit found at Elevation Student Living in the Lincoln Forest neighborhood priced from $819. Villas at Echo East in the East side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here is today’s list of the most affordable New Hanover County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elevation Student LivingCordova (Enclave)3BR,2BA$819
Villas at Echo EastA2- 1 bedroom1BR,1BA$910
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$939
Elevation SouthDerby A (Elevation II)4BR,4BA$949
Lofts of WilmingtonA1R - Dogwood1BR,1BA$950
Wilmington Commons ApartmentsA11BR,1BA$975
The Pearl & The JewelRUBY1BR,1BA$995
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$999
Bonnet CtSTUDIO1BR,1BA$999

Best Value Apartments for Rent in New Hanover County, NC

As of March 17, 2026 the best value apartment in the New Hanover County area is the $1.36 price per square foot ARIA Model at Seaboard at Sidbury Station in the in the Northchase neighborhood starting from $2,204. The second greatest value New Hanover County apartment is the Catawba Exterior Model at Townes at Park Place starting at $1,999 with a $1.32 price per square foot in the Pine Valley East neighborhood. Here is today’s list of the best values for New Hanover County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Seaboard at Sidbury StationARIA3BR,2BA$1.36
Townes at Park PlaceCatawba Exterior3BR,2.5BA$1.32
The Nest at 49553x33BR,3BA$0.63
Chateau Terrace2 Bedroom 1 Bath2BR,1BA$1.16
Cypress Pond @ Porters NeckHibiscus2BR,2BA$1.39
Seahawk Cove3x3 Deluxe3BR,3BA$0.73
Shipyard at WilmingtonThe Tide1BR,1BA$1.38
North Chase ApartmentsThe Coastal2BR,2BA$1.33
Starway Village1BR1BR,1BA$1.34
Villas at Echo EastA2- 1 bedroom1BR,1BA$1.22

Frequently Asked Questions about Cheap New Hanover County Apartments

What is a cheap apartment in New Hanover County?

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

What is the price of a cheap apartment in New Hanover County?

The cheapest apartment in New Hanover County is Villas at Echo East which is listed at $910, while the average apartment in New Hanover County costs $3,273.

What types of apartments are the cheapest in New Hanover County?

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 104 regular apartments in New Hanover County 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 New Hanover County?

Cheap apartments in New Hanover County have an average cost of $167 which is $3,106 cheaper than the average rent for all rentals in New Hanover County.

Expert Rental Resources

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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