Cheap Homes for Rent in New Hanover County, NC from $800 (49 Rentals)

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

property at 8228 Lantana Ln

$1,000 - $2,150

1 To 3 Bedroom Rentals

Available Now

8228 Lantana Ln

WilmingtonNC28411

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.

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property at 522 S Kerr Ave

$1,200 - $1,350

2 Bedroom Rentals

Available Now

522 S Kerr Ave

WilmingtonNC28403

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 506 Cobblestone Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

2 Bedroom, 2 Bath Townhome for Rent

Available Now

506 Cobblestone Dr

WilmingtonNC28405
property at 3659 Saint Johns Ct

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

2 Bedroom, 2 Bath Condo for Rent

Available Now

3659 Saint Johns Ct, Unit A

3659 Saint Johns Ct
WilmingtonNC28403

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 2813 Bloomfield Ln

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 2 Bath Condo for Rent

Available Now

2813 Bloomfield Ln, Unit 206

2813 Bloomfield Ln
WilmingtonNC28412

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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property at 414 Queen St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595

1 Bedroom, 1 Bath Home for Rent

Available Now

414 Queen St

WilmingtonNC28401
property at 4119 Fairlawn Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

3 Bedroom, 1.5 Bath Home for Rent

Available Now

4119 Fairlawn Dr

WilmingtonNC28405

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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Showing Results 1-49, Page 1 of 1

Cheapest Available New Hanover County Apartments for Rent

 

The cheapest available apartment rental in New Hanover County, NC is a 4 Beds unit found at Elevation Student Living in the Lincoln Forest neighborhood priced from $949. Elevation South in the Lincoln Forest neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $949. Here is today’s list of the most affordable New Hanover County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elevation Student LivingDerby A (Elevation II)4BR,4BA$949
Elevation SouthDerby A (Elevation II)4BR,4BA$949
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$999
Hanover Landing Apartments1 BD W/D1BR,1BA$999
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$1,029
Starway Village1BR1BR,1BA$1,047
Wilmington Commons ApartmentsA11BR,1BA$1,050
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$1,050
Crosswinds111BR,1BA$1,075
Bonnet CtSTUDIO1BR,1BA$1,099

Best Value Apartments for Rent in New Hanover County, NC

As of May 27, 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 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.
Elevation SouthDerby A (Elevation II)4BR,4BA$0.61
Townes at Park PlaceCatawba Exterior3BR,2.5BA$1.32
Stephens PointeThe Windjammer3BR,2BA$1.33
Chateau Terrace2 Bed 1.5 Bath Townhome2BR,1.5BA$1.15
Deerbrook ApartmentsRenovated Bennett2BR,2BA$1.28
Canterbury Woods2 Bedroom Townhome2BR,1.5BA$1.32
Seahawk Cove3x3 Deluxe3BR,3BA$0.80
34 North Apartments2X1 CLASSIC2BR,1BA$1.21
Shipyard at WilmingtonThe Tide1BR,1BA$1.28
Starway Village1BR1BR,1BA$1.34

Frequently Asked Questions about New Hanover County

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

There are currently 415 Apartments for Rent in New Hanover County, NC with pricing that ranges from $765 to $6,150. There are also 238 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Hanover County ranging from $850 to $7,200.

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 $850 to $7,200 with an average monthly rent of $2,372.

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 $765 to $6,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $4,850. 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.