Cheap Homes for Rent in New Hanover County, NC from $700 (47 Rentals)

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

property at 618 S 4th Ave

$900 - $2,090

2 To 3 Bedroom Rentals

Available Now

618 S 4th Ave

Kure BeachNC28449

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 219 S 7th St

$1,075

2 Bedroom, 1 Bath Townhome for Rent

Available Now

219 S 7th St

WilmingtonNC28401

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 3721 Merestone Dr

$1,400

2 Bedroom, 2 Bath Townhome for Rent

Available Jan 1, 2026

3721 Merestone Dr

WilmingtonNC28412

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 204 Jordan Ln

$1,450

2 Bedroom Rentals

Available Now

204 Jordan Ln

WilmingtonNC28403

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.

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Cheapest Available New Hanover County Apartments for Rent

 

The cheapest available apartment rental in New Hanover County, NC is a 1 Bed unit found at Veterans Park in the The Cape Cypress Island neighborhood priced from $859. Hawthorne at New Centre in the Windemere neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here is today’s list of the most affordable New Hanover County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$859
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$902
Villas at Echo EastA21BR,1BA$919
Lofts of WilmingtonA1R - Dogwood1BR,1BA$925
The CreekAZALEA1BR,1BA$975
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$975
Wilmington Commons ApartmentsA11BR,1BA$975
Cargo North1BR/1.0BA1BR,1BA$975
Antiqua ApartmentsArdenStudio,1BA$986
The Pearl & The JewelRUBY1BR,1BA$995

Best Value Apartments for Rent in New Hanover County, NC

As of December 25, 2025 the best value apartment in the New Hanover County area is the $1.19 price per square foot 114 S 5th Ave Model at 114 S 5th Ave, Unit UP in the in the South Side neighborhood starting from $2,150. The second greatest value New Hanover County apartment is the Chardonnay Model at Vineyard Pointe starting at $1,592 with a $1.29 price per square foot in the Windemere 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.
114 S 5th Ave, Unit UP114 S 5th Ave3BR,1BA$1.19
Vineyard PointeChardonnay3BR,2.5BA$1.29
The Nest at 49553x33BR,3BA$0.63
Meridian VillageCumberland3BR,2BA$1.34
Glenmeade VillageCrepe Myrtle2BR,2BA$1.30
Bonnet Ct2 Bedoom 2 Bathoom2BR,2BA$1.20
Seahawk Cove3x3 Deluxe3BR,3BA$0.76
Villas at Echo EastB32BR,2BA$1.31
Shipyard at WilmingtonThe Tide1BR,1BA$1.19
Sand RidgeAzalea2BR,1.5BA$1.17

Frequently Asked Questions about New Hanover County

What type of rentals are currently available in New Hanover County?

There are currently 424 Apartments for Rent in New Hanover County, NC with pricing that ranges from $729 to $4,954. There are also 313 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Hanover County ranging from $700 to $5,000.

What is the current price range for Rental Homes in New Hanover County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Hanover County ranges from $700 to $5,000 with an average monthly rent of $2,105.

How much are larger Three and Four Bedroom Rentals in New Hanover County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Hanover County range from $729 to $3,584, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $939.

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.

Articles, How-To's, and Tips

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!