Cheap Apartments for Rent in Wallace, NC from $725 (31 Rentals)

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

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.

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Caswell at Riverwalk
Rent Specials
$1,122 - $1,322
Total Monthly Price

Total Monthly Price

Base Rent
$1,122 - $1,322
Total Monthly Price
$1,122 - $1,322
2 Bedroom Apartments Available Oct 7

Caswell at Riverwalk

3340 Richlands HwyJacksonville, NC 28540
Affordability
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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.

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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.

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Liberty Crossing
1 to 3 Bedroom Apartments

Liberty Crossing

200 Carmen AveJacksonville, NC 28540

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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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 $825. Osprey Cove South Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. 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$825
Osprey Cove South ApartmentsOne Bed, One Bath Large1BR,1BA$875
Cardinal Village Apartments0 bedroom, 1 bathroomStudio,1BA$975
Liberty CrossingA11BR,1BA$1,075
Windsor PlaceArchdaleStudio,1BA$1,156
North Chase ApartmentsThe Coastal2BR,2BA$1,201
LauradaleB12BR,1BA$1,299
The Village at Compass PointeMyrtle1BR,1BA$1,324
New Providence ParkAydon1BR,1BA$1,350
Sidbury CrossingThe Dune1BR,1BA$1,380

Best Value Apartments for Rent in Wallace, NC and Nearby

As of August 26, 2026 the best value apartment in the Wallace area is the $1.29 price per square foot Evans Model at Isabella Court in the in the Brunswick County neighborhood starting from $2,197. The second greatest value Wallace apartment is the ARIA Model at Seaboard at Sidbury Station starting at $2,265 with a $1.40 price per square foot in the Northchase neighborhood. 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$1.29
Seaboard at Sidbury StationARIA3BR,2BA$1.40
The Pinnacle TownhomesOleander (Enclosed Courtyard)2BR,2.5BA$1.39
Hawthorne at MurrayvilleThe Wrightsville2BR,2BA$1.36
Palisades at Surf CityThe Coastline2BR,2BA$1.41
Briarcliff VillasCreswell3BR,2BA$1.36
North Chase ApartmentsThe Coastal2BR,2BA$1.34
Liberty CrossingA11BR,1BA$1.42
Osprey Cove South ApartmentsTwo Bed, One Bath Efficiency2BR,1BA$1.41
Osprey Cove North ApartmentsOne Bed, One Bath Classic1BR,1BA$1.39

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Cardinal Village Apartments listed at $975.

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

The lowest price for a Cheap One Bedroom Wallace Apartment is $825 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 Briarcliff Villas and starts from $1,485.

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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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.

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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.

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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.

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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.