
Cheap New Apartments for Rent in Wilmington, NC from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Wilmington.


River City Studio Homes

The Pearl & The Jewel

Starway Village

The Terrace Apartments

Stephens Pointe

Arbor Trace
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Meridian at Fairfield Park

Woodridge Pointe Apartments

Belle Meade Apartments - Phase III

Residence at Canopy Pointe

The Annexe at the Reserve
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.

Villas at Echo East

Harrington Square

Comet Westgate

Exchange at Westgate

Waterleigh at Leland

The Parker Leland

Sidbury Crossing
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.
Wilmington, NC Local Guide

How much does it cost to rent an apartment in Wilmington?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wilmington Studio Apartments | $1,332 | $775 | $3,454 |
Wilmington 1 Bedroom Apartments | $1,609 | $825 | $4,893 |
Wilmington 2 Bedroom Apartments | $1,939 | $915 | $8,298 |
Wilmington 3 Bedroom Apartments | $2,278 | $709 | $9,573 |
Wilmington 4 Bedroom Apartments | $2,764 | $2,000 | $3,390 |
Explore Wilmington

Wilmington, NC Local Guide
- Wilmington Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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.
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 $1,025.
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 $3,162.
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 77 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 $273 which is $2,889 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
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.

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.

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.

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.