
Cheap Homes for Rent in New Hanover County, NC from $925 (61 Rentals)
Search the lowest-cost Homes available for rent right now in New Hanover County.


149 Lullwater Dr

4904 Franklin Ave

522 S Kerr Ave

4210 Lake Ave

632 Condo Club Dr, Unit 101

2940 Oleander Dr

4902 Franklin Ave

4305 Holly Tree Rd

408 Grace St, Unit 2
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

302 Canal Dr

2612 Broadbill Ln

2608 Broadbill Ln

2615 Broadbill Ln

214 S 13th St

733 Bragg Dr

1222 S 6th St

5422 Sidbury Rd

729 Bragg Dr

200 Lake Park Blvd S, Unit Carolina’s Ocean Playground
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

5026 Park Ave S

801 Montclair Dr

4528 Kimberly Way

408 Wallington Rd

1933 Moss St

1811 Savannah Ct

1015 Queen St

1251 Wellington Ave

4230 Wilshire Blvd

4149 Spirea Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

116 Long Ridge Dr

1609 Wellspring Way

105 Tennessee Ave, Unit 105

237 Bountiful Ln

2732 S 17th St, Unit D

6810 Teviot Dr

307 St Rosea Rd

1009 S 6th St

4629 McClelland Dr

4141 Spirea Dr, Unit A
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

324 St Rosea Rd

5069 Peachtree Ave, Unit A

825 Montclair Dr

3923 Carolina Beach Rd

4431 Holly Tree Rd

4604 Song Sparrow Ct

5108 Exton Park Loop

2808 Bloomfield Ln

4804 College Rd

Furnished Studio-Wilmington - New Centre Drive
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.
New Hanover County, NC Local Guide

How much does it cost to rent a home in New Hanover County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Hanover County 2 Bedroom Homes for Rent | $1,658 | $1,000 | $2,650 |
| New Hanover County 3 Bedroom Homes for Rent | $2,221 | $925 | $4,500 |
| New Hanover County 4 Bedroom Homes for Rent | $2,783 | $1,750 | $4,800 |
| New Hanover County 5 Bedroom Homes for Rent | $3,437 | $3,300 | $3,575 |
Browse Homes for Rent in New Hanover County
Explore New Hanover County
Cheapest Available New Hanover County Apartments for Rent
 The cheapest available apartment rental in New Hanover County, NC is a Studio unit found at 34 North Apartments in the Windemere neighborhood priced from $875. Elevation Student Living in the Lincoln Forest neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $939. Here is today’s list of the most affordable New Hanover County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 34 North Apartments | STUDIO RENOVATED | Studio,1BA | $875 |
| Elevation Student Living | Derby (Elevation II) | 4BR,4BA | $939 |
| Elevation South | Derby A (Elevation II) | 4BR,4BA | $949 |
| Veterans Park | 1 Bedoom 1.5 Bathoom | 1BR,1BA | $996 |
| The Pines of Wilmington Apartments | One Bedroom - Upgraded | 1BR,1BA | $1,025 |
| Villas at Echo East | A260 | 1BR,1BA | $1,047 |
| Harbor Station Townhomes | 1x1 Garden Standard - Call For Availability | 1BR,1BA | $1,050 |
| Wilmington Commons Apartments | A1 | 1BR,1BA | $1,050 |
| Lofts of Wilmington | A1R - Dogwood | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in New Hanover County, NC
As of August 29, 2026 the best value apartment in the New Hanover County area is the $0.61 price per square foot Derby A (Elevation II) Model at Elevation South in the in the Lincoln Forest neighborhood starting from $949. The second greatest value New Hanover County apartment is the B4 Model at St. Andrews Reserve starting at $1,506 with a $1.20 price per square foot in the Shipyard Plaza neighborhood. Here is today’s list of the best values for New Hanover County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Elevation South | Derby A (Elevation II) | 4BR,4BA | $0.61 |
| St. Andrews Reserve | B4 | 2BR,2BA | $1.20 |
| The Nest at 4955 | 3x3 | 3BR,3BA | $0.75 |
| Chateau Terrace | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.14 |
| Hampton Place | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.28 |
| The Park at Three Oaks Apartments | Majestic | 2BR,2BA | $1.29 |
| Bonnet Ct | 2 Bedoom 2 Bathoom | 2BR,2BA | $1.26 |
| Elevation Student Living | Burton (Enclave) | 2BR,2BA | $1.00 |
| Shipyard at Wilmington | The Tide | 1BR,1BA | $1.28 |
| 417 N 5th Ave, Unit 3 | 417 N 5th Ave | 1BR,1BA | $1.24 |
Frequently Asked Questions about New Hanover County
What type of rentals are currently available in New Hanover County?
There are currently 430 Apartments for Rent in New Hanover County, NC with pricing that ranges from $750 to $6,050. There are also 240 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Hanover County ranging from $925 to $4,800.
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 $925 to $4,800 with an average monthly rent of $2,132.
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 $750 to $6,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,750 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.