
Cheap Apartments for Rent in Wallace, NC from $600 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Wallace.


125 Philip Mcclung Ln

Southerland Village

Osprey Cove South Apartments

Osprey Cove North Apartments

Cooper's Pointe Apartment Homes

Cardinal Village Apartments

Total Monthly Price
Caswell at Mill Creek
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.

Windsor Place

Briarcliff Villas

Hampstead Place

Total Monthly Price
Caswell at Riverwalk

North Chase Apartments

10420 NC-41

114 Hussey Mhp Ln

134 Hussey Mhp Ln
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.

209 Sycamore St

2980 Burgaw Hwy

330 Fire Tower Rd

109 Rodeo Ln

Liberty Crossing

109 Hussey Mhp Ln

Ocean Highway Apartments

312 Becky Ln
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.
Wallace, NC Local Guide

How much does it cost to rent an apartment in Wallace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wallace Studio Apartments | $1,295 | $975 | $1,558 |
| Wallace 1 Bedroom Apartments | $1,408 | $725 | $1,894 |
| Wallace 2 Bedroom Apartments | $1,758 | $899 | $3,270 |
| Wallace 3 Bedroom Apartments | $2,179 | $1,229 | $3,495 |
| Wallace 4 Bedroom Apartments | $2,526 | $2,195 | $3,795 |
Browse Top Apartments in Wallace
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Wallace, NC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Osprey Cove North Apartments | One Bed, One Bath Classic | 1BR,1BA | $825 |
| Osprey Cove South Apartments | One Bed, One Bath Large | 1BR,1BA | $875 |
| Cooper's Pointe Apartment Homes | The Pinelandcress | 2BR,2BA | $1,069 |
| Caswell at Mill Creek | 2 Bedroom 1 Bath | 2BR,1BA | $1,071 |
| Liberty Crossing | A1 | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Wallace, NC and Nearby
As of July 12, 2026 the best value apartment in the Wallace area is the $1.28 price per square foot Evans Model at Isabella Court in the in the Brunswick County neighborhood starting from $2,195. The second greatest value Wallace apartment is the Promenade 3 Bedroom Model at Williamsburg Place starting at $1,687 with a $1.11 price per square foot . Here is today’s list of the best values for Wallace apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Isabella Court | Evans | 4BR,2.5BA | $1.28 |
| Williamsburg Place | Promenade 3 Bedroom | 3BR,2BA | $1.11 |
| Cooper's Pointe Apartment Homes | The Pinelandcress | 2BR,2BA | $0.87 |
| Cardinal Village Apartments | 2 bedroom, 1 bathroom | 2BR,1BA | $1.14 |
| 613 S East Railroad St, Unit Lyn-Mor unit A | 613 S East Railroad St | 2BR,1.5BA | $1.26 |
| North Chase Apartments | The Coastal | 2BR,2BA | $1.34 |
| Caswell at Riverwalk | 2 Bedroom Classic | 2BR,1.5BA | $1.32 |
| Caswell at Mill Creek | 2 Bedroom 1 Bath | 2BR,1BA | $1.38 |
| Osprey Cove South Apartments | Two Bed, One Bath Efficiency | 2BR,1BA | $1.41 |
| Osprey Cove North Apartments | One Bed, One Bath Classic | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wallace, NC Rentals by Map
See the most popular apartments and homes in Wallace, NC
Frequently Asked Questions about Cheap Wallace Apartments
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 Windsor Place and starts from $1,507.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.