Cheap Apartments for Rent in Wilmington, NC from $500 (101 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1124 Castle St

1124 Castle St

WilmingtonNC28401

Wilmington, NC Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Wilmington, NC

Pricing Updated: 09/13/2025

Current apartment rentals in the Wilmington, NC area range in price from $729 to $6,690 with an overall median price of $2,263. The three Wilmington neighborhoods with the lowest median rent pricing are Hightsville at $1,013, Creekwood at $729, and Inlet Point Harbor at $999. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hightsville$1,425$1,013121
Creekwood$1,565$729237
Inlet Point Harbor$1,652$99943
Sea Breeze$1,652$99943
The Cape Cypress Island$1,652$99943
Cape Fear Country Club$1,687$934232
UNC Wilmington$1,687$729354
Kings Grant$1,792$1,010110
Myrtle Grove$1,800$1,25725
Murraysville$1,801$1,090210

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, NC is a 1 Bed unit found at Veterans Park in the The Cape Cypress Island neighborhood priced from $799. Wilmington Commons Apartments in the Windemere neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$799
Wilmington Commons ApartmentsA11BR,1BA$975
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$985
The Pearl & The JewelBELONStudio,1BA$995
River City Studio HomesS3Studio,1BA$1,025
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$1,025
Chateau TerraceStudioStudio,1BA$1,025
Antiqua ApartmentsArdenStudio,1BA$1,035
Colonial Parke1 Bed, 1 bath1BR,1BA$1,040
Starway Village1BR1BR,1BA$1,047

Best Value Apartments for Rent in Wilmington, NC

As of September 13, 2025 the best value apartment in the Wilmington area is the $1.33 price per square foot CALI Model at Seaboard at Sidbury Station in the in the Northchase neighborhood starting from $2,353. The second greatest value Wilmington apartment is the Magnolia Model at The Pinnacle Townhomes starting at $1,708 with a $1.10 price per square foot in the Kirkland neighborhood. Here is today’s list of the best values for Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Seaboard at Sidbury StationCALI4BR,2BA$1.33
The Pinnacle TownhomesMagnolia2BR,2.5BA$1.10
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.81
Hawthorne at LelandThe Haven2BR,2BA$1.26
Sand RidgePhlox2BR,2BA$1.22
Deerbrook ApartmentsClassic Bennett2BR,2BA$1.32
Glenmeade VillageCrepe Myrtle2BR,2BA$1.23
Cypress Grove ApartmentsTwo Bed x One and a Half Bath Renovated2BR,1.5BA$1.18
Seahawk Cove3x3 Deluxe3BR,3BA$0.76
34 North Apartments2X1 CLASSIC2BR,1BA$1.21

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.

decorative image of people with a giant lease agreement

Wilmington Overview

A coastal post city in the great state of North Carolina, Wilmington is a progressive city known for its scenic beauty and thriving arts community. Officially designated as a 'Coast Guard City', the city is home to a number of ships and other war memorials, as well as a wide range of impressive historic homes and sprawling estates.

Why live in Wilmington, NC?

Known among film fans as 'Hollywood East', apartments for rent in Wilmington offer close proximity not only to the famous Screen Gems Studios (ground zero for hit shows such as 'Dawson's Creek' and 'One Tree Hill'), but also an impressive myriad of cultural destinations, ranging from art galleries to museums. Add to that a jaw-dropping coastal view, and you have a North Carolina city well worthy of your consideration.

Pet Friendly Lifestyle
Wilmington, NC

Ranked #6

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Wilmington, NC Rentals by Map

View Map
Wilmington, NC Apartments Map
View Map
Wilmington, NC Rental Homes Map

Getting Around Wilmington, NC

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

17 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Wilmington Apartments

What is a cheap apartment in Wilmington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wilmington is under $1,047.

What is the price of a cheap apartment in Wilmington?

The cheapest apartment in Wilmington is Veterans Park which is listed at $799, while the average apartment in Wilmington costs $2,263.

What types of apartments are the cheapest in Wilmington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 202 regular apartments in Wilmington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Wilmington?

Cheap apartments in Wilmington have an average cost of $319 which is $1,944 cheaper than the average rent for all rentals in Wilmington.

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 Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.