Cheap Homes for Rent in Wallace, NC from $800 (12 Rentals)

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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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 $815. 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$815
Osprey Cove South ApartmentsTwo Bed, One Bath Medium2BR,1BA$900
Cardinal Village1 Bedroom 1 Bath1BR,1BA$1,050
Cooper's Pointe Apartment HomesThe Pinelandcress2BR,2BA$1,069
Briarcliff VillasArial1BR,1BA$1,106

Best Value Apartments for Rent in Wallace, NC and Nearby

As of May 30, 2025 the best value apartment in the Wallace area is the $1.20 price per square foot Evans Model at Isabella Court in the starting from $2,044. The second greatest value Wallace apartment is the The Pinelandcress Model at Cooper's Pointe Apartment Homes starting at $1,069 with a $0.87 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$1.20
Cooper's Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.87
Hawthorne at MurrayvilleThe Wrightsville2BR,2BA$1.39
Cypress Pond @ Porters NeckHibiscus2BR,2BA$1.33
Meridian VillageBurton2BR,2BA$1.38
Palisades of JacksonvilleThe Independence1BR,1BA$1.36
Ocean Highway ApartmentsTwo Bed, One Bath2BR,1BA$1.31
Cardinal Village1 Bedroom 1 Bath1BR,1BA$1.46
Osprey Cove South ApartmentsOne Bed, One Bath Large1BR,1BA$1.47
Osprey Cove North ApartmentsOne Bed, One Bath Standard1BR,1BA$1.43

Quick Rent Budget Calculator

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Frequently Asked Questions about Wallace

What type of rentals are currently available in Wallace?

There are currently 40 Apartments for Rent in Wallace, NC with pricing that ranges from $700 to $7,961. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wallace ranging from $875 to $3,500.

What is the current price range for Rental Homes in Wallace?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wallace ranges from $875 to $3,500 with an average monthly rent of $1,849.

How much are larger Three and Four Bedroom Rentals in Wallace?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wallace range from $1,229 to $7,961, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $2,044.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.