Cheap New Apartments for Rent in Wilmington, NC from $500 (24 Rentals)

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

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.

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Woodridge Pointe Apartments
Built in 20181 to 4 Bedroom Apartments

Woodridge Pointe Apartments

1536 Sandlapper WayWilmington, NC 28412
  • Utilities Included
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Residence at Canopy Pointe
Built in 20241 to 2 Bedroom Apartments

Residence at Canopy Pointe

205 Middle Sound Loop RdWilmington, NC 28411
Senior Living
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The Annexe at the Reserve
Built in 2016Studio to 3 Bedroom Apartments

The Annexe at the Reserve

315 Covil AveWilmington, NC 28403
  • Utilities Included
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Mid Castle
Built in 2024Studio Apartments

Mid Castle

1102 Castle StWilmington, NC 28401
  • Utilities Included
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Cargo North
Built in 20211 Bedroom Apartments

Cargo North

514 S 17th StWilmington, NC 28401
  • Utilities Included

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.

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Westgate Senior Apartments
Built in 20151 to 2 Bedroom Apartments

Westgate Senior Apartments

9200 Oceangate PlzLeland, NC 28451
Senior Living
  • Utilities Included

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.

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Hawthorne at Leland
Built in 20171 to 3 Bedroom Apartments

Hawthorne at Leland

436 Hawthorne Loop Rd SELeland, NC 28451

Wilmington, NC Local Guide

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.

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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

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.

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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.

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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.