Cheap Apartments for Rent in Wilmington, NC from $500 (98 Rentals)

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

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Wilmington, NC Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Wilmington, NC

Pricing Updated: 07/26/2025

Current apartment rentals in the Wilmington, NC area range in price from $709 to $8,568 with an overall median price of $2,211. The three Wilmington neighborhoods with the lowest median rent pricing are South Side at $995, Creekwood at $709, and Hightsville at $1,050. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
South Side$1,500$99528
Creekwood$1,581$709188
Hightsville$1,715$1,05066
UNC Wilmington$1,720$709270
Inlet Point Harbor$1,725$1,15967
Sea Breeze$1,725$1,15967
The Cape Cypress Island$1,725$1,15967
Downtown Wilmington$1,732$99579
Myrtle Grove$1,762$1,15953
Lincoln Forest$1,850$709281

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, NC is a 3 Beds unit found at Seahawk Cove in the Windemere neighborhood priced from $729. VIVO Living Wilmington in the Windemere neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Seahawk Cove3x3 Deluxe3BR,3BA$729
VIVO Living WilmingtonThe Top SailStudio,1BA$775
River City Studio HomesS3Studio,1BA$975
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$985
The Pearl & The JewelRUBY1BR,1BA$995
Wilmington Commons ApartmentsA11BR,1BA$999
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$999
Colonial Parke1 Bed, 1 bath1BR,1BA$1,040
Starway Village1BR1BR,1BA$1,047
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$1,050

Best Value Apartments for Rent in Wilmington, NC

As of July 26, 2025 the best value apartment in the Wilmington area is the $0.55 price per square foot Wrightsville Model at Platos Lofts at Randall in the in the College Acres neighborhood starting from $770. The second greatest value Wilmington apartment is the The Pinelandcress Model at Egret Pointe Apartment Homes starting at $985 with a $0.81 price per square foot . 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.
Platos Lofts at RandallWrightsville4BR,4BA$0.55
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.81
Comet WestgateB2H2BR,2BA$1.19
The Flats at LelandThe Leland2BR,2BA$1.21
Deerbrook ApartmentsClassic Bennett2BR,2BA$1.19
Canterbury Woods2 Bedroom Townhome2BR,1.5BA$1.24
Cypress Grove ApartmentsTwo Bed x One and a Half Bath Renovated2BR,1.5BA$1.18
Bonnet Ct2 Bedoom 2 Bathoom2BR,2BA$1.10
Seahawk Cove3x3 Deluxe3BR,3BA$0.73
Osprey LandingCove (1.5 bath)2BR,1.5BA$1.22

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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

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

Explore Wilmington, NC Rentals by Map

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See the most popular apartments and homes in Wilmington, NC

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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

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $1,050.

What is the price of a cheap apartment in Wilmington?

The cheapest apartment in Wilmington is The Pearl & The Jewel which is listed at $995, while the average apartment in Wilmington costs $2,211.

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 57 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 $481 which is $1,730 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.

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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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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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