Cheap Apartments for Rent in Wallace, NC from $600 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wallace.

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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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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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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Lauradale
2 Bedroom Apartments

Lauradale

2 Aragona BlvdJacksonville, NC 28540
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Wallace, NC Local Guide

Cheapest Available Wallace Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wallace, NC is a 1 Bed unit found at Osprey Cove North Apartments priced from $805. Osprey Cove South Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Wallace apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Osprey Cove North ApartmentsOne Bed, One Bath Classic1BR,1BA$805
Osprey Cove South ApartmentsTwo Bed, One Bath Efficiency2BR,1BA$900
Windsor PlaceArchdaleStudio,1BA$1,015
Caswell at Riverwalk2 Bedroom Classic2BR,1BA$1,050
Briarcliff VillasAlbermarle1BR,1BA$1,065
Cooper's Pointe Apartment HomesThe Pinelandcress2BR,2BA$1,069
Liberty CrossingA11BR,1BA$1,075
Hampstead PlaceArchdaleStudio,1BA$1,076
New Providence ParkArlington1BR,1BA$1,141
Cardinal Village Apartments2 bedroom, 1 bathroom2BR,1BA$1,150

Best Value Apartments for Rent in Wallace, NC and Nearby

As of April 12, 2026 the best value apartment in the Wallace area is the $1.05 price per square foot Evans Model at Isabella Court in the starting from $1,799. The second greatest value Wallace apartment is the Regency 3 Bedroom Model at Williamsburg Place starting at $1,662 with a $1.17 price per square foot . Here is today’s list of the best values for Wallace apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Isabella CourtEvans4BR,2.5BA$1.05
Williamsburg PlaceRegency 3 Bedroom3BR,2BA$1.17
Palisades of JacksonvilleThe Freedom3BR,2BA$1.31
Cooper's Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.87
Cypress Pond @ Porters NeckHibiscus2BR,2BA$1.24
Cardinal Village Apartments2 bedroom, 1 bathroom2BR,1BA$1.14
Meridian VillageBurton2BR,2BA$1.32
North Chase ApartmentsThe Coastal2BR,2BA$1.33
Caswell at Riverwalk2 Bedroom Classic2BR,1.5BA$1.24
Osprey Cove North ApartmentsOne Bed, One Bath Classic1BR,1BA$1.36

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Wallace, NC Rentals by Map

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Frequently Asked Questions about Cheap Wallace Apartments

What is the Cheapest Studio apartment in Wallace?

Currently the most affordable Cheap Studio Apartment in Wallace is at Windsor Place listed at $1,015.

How much is rent for a Cheap One Bedroom Wallace Apartment?

The lowest price for a Cheap One Bedroom Wallace Apartment is $805 at Osprey Cove North Apartments.

What is the lowest price for a Cheap Two Bedroom Wallace Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Wallace is starting from $900 at Osprey Cove South Apartments.

What is the most affordable Wallace Three Bedroom Apartment?

The best deal on a cheap Wallace Three Bedroom Apartment rental is at Hawthorne at the Bend and starts from $1,449.

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

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.