Cheap Apartments for Rent in Wilmington, NC from $500 (99 Rentals)

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

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The Pearl & The Jewel
$995 - $1,750
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,700
Required Monthly Fees
$50
Total Monthly Price
$995 - $1,750
Studio to 2 Bedroom Apartments Available Now

The Pearl & The Jewel

411 Wooster StWilmington, NC 28401
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Bonnet Ct
$999 - $1,159
Total Monthly Price

Total Monthly Price

Base Rent
$989 - $1,149
Required Monthly Fees
$10
Total Monthly Price
$999 - $1,159
1 to 2 Bedroom Apartments Available Now

Bonnet Ct

245 S Kerr AveWilmington, NC 28403
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Veterans Park
$999 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$952 - $1,453
Required Monthly Fees
$47
Total Monthly Price
$999 - $1,500
1 to 2 Bedroom Apartments Available Now

Veterans Park

161-102 Halyburton Memorial PkyWilmington, NC 28412
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Crosswinds
$1,075 - $1,887
Total Monthly Price

Total Monthly Price

Base Rent
$1,034 - $1,846
Required Monthly Fees
$41
Total Monthly Price
$1,075 - $1,887
1 to 3 Bedroom Apartments Available Now

Crosswinds

1108 St Andrews DrWilmington, NC 28412
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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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Forest Hills
Rent Specials
$1,149 - $1,810
Total Monthly Price

Total Monthly Price

Base Rent
$1,078 - $1,739
Required Monthly Fees
$71
Total Monthly Price
$1,149 - $1,810
1 to 3 Bedroom Apartments Available Now

Forest Hills

505 Alpine DrWilmington, NC 28403
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North Chase Apartments
$1,178 - $1,313
Total Monthly Price

Total Monthly Price

Base Rent
$1,018 - $1,153
Required Monthly Fees
$160
Total Monthly Price
$1,178 - $1,313
2 to 3 Bedroom Apartments Available Now

North Chase Apartments

3119 Enterprise DrWilmington, NC 28405
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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.

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property at 923 N 5th Ave

$1,200

2 Bedroom Rentals

Available Now

923 N 5th Ave

WilmingtonNC28401
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The Willow
$1,210 - $6,975
Total Monthly Price

Total Monthly Price

Base Rent
$1,171 - $6,936
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Willow

414 Mill Creek CtWilmington, NC 28403
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Cape Harbor
$1,217 - $4,454
Total Monthly Price

Total Monthly Price

Base Rent
$1,178 - $4,415
Required Monthly Fees
Varies
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Cape Harbor

7113 Cape Harbor DrWilmington, NC 28411
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Osprey Landing
$1,235 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,410
Required Monthly Fees
$40
Total Monthly Price
$1,235 - $1,450
2 Bedroom Apartments Available Now

Osprey Landing

800 Walden DrWilmington, NC 28401
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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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Overlook at RiverPlace
Rent Specials
$1,239 - $2,839
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $2,799
Required Monthly Fees
Varies
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Overlook at RiverPlace

14 Grace StWilmington, NC 28401
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Chateau Terrace
Rent Specials
$1,250 - $1,385
Total Monthly Price

Total Monthly Price

Base Rent
$1,234 - $1,369
Required Monthly Fees
$16
Total Monthly Price
$1,250 - $1,385
Studio to 3 Bedroom Apartments Available Now

Chateau Terrace

1201 Columbus CirWilmington, NC 28403
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Glenmeade Village
$1,275 - $1,600
Total Monthly Price

Total Monthly Price

Base Rent
$1,256 - $1,581
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Glenmeade Village

1518 Village DrWilmington, NC 28401
Senior Living
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Clear Run
$1,283 - $3,417
Total Monthly Price

Total Monthly Price

Base Rent
$1,243 - $3,377
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Clear Run

5300 New Centre DrWilmington, NC 28403
Student Housing
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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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: 04/02/2026

Current apartment rentals in the Wilmington, NC area range in price from $699 to $6,050 with an overall median price of $2,486. The three Wilmington neighborhoods with the lowest median rent pricing are RiverMist at $1,425, South Side at $995, and Murraysville at $1,099. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
RiverMist$1,425$1,4252
South Side$1,650$99519
Murraysville$1,781$1,099167
Kings Grant$1,797$1,01090
Wrightsboro$1,825$1,01092
Hightsville$1,842$1,08982
Windemere$1,852$699282
Covil Estates$1,862$785188
Downtown Wilmington$1,885$99577
River Pointe Masonboro Commons$1,902$1,11947

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, NC is a 3 Beds unit found at Elevation Student Living in the Lincoln Forest neighborhood priced from $819. Villas at Echo East in the East side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elevation Student LivingCordova (Enclave)3BR,2BA$819
Villas at Echo EastA2- 1 bedroom1BR,1BA$910
Elevation SouthDerby A (Elevation II)4BR,4BA$949
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$982
Abbotts RunWrightsville-Granite1BR,1BA$990
The Pearl & The JewelRUBY1BR,1BA$995
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$999
Bonnet CtSTUDIO1BR,1BA$999
Hanover Landing Apartments1 BD W/D1BR,1BA$999
Wilmington Commons ApartmentsA1 Premium Package A1BR,1BA$999

Best Value Apartments for Rent in Wilmington, NC

As of April 03, 2026 the best value apartment in the Wilmington area is the $1.14 price per square foot 3BR Model at Starway Village in the in the Shipyard Plaza neighborhood starting from $1,442. The second greatest value Wilmington apartment is the The Pinelandcress Model at Egret Pointe Apartment Homes starting at $982 with a $0.80 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.
Starway Village3BR3BR,2BA$1.14
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.80
The Nest at 49553x33BR,3BA$0.63
Chateau Terrace2 Bedroom 1 Bath2BR,1BA$1.16
Cypress Pond @ Porters NeckHibiscus2BR,2BA$1.29
Waterleigh at LelandB12BR,2BA$1.29
Deerbrook ApartmentsRenovated Bennett2BR,2BA$1.22
Seahawk Cove3x3 Deluxe3BR,3BA$0.73
Meridian VillageBurton2BR,2BA$1.30
Villas at Echo EastA2- 1 bedroom1BR,1BA$1.22

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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

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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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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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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 $999.

What is the price of a cheap apartment in Wilmington?

The cheapest apartment in Wilmington is Villas at Echo East which is listed at $910, while the average apartment in Wilmington costs $2,486.

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 454 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 $331 which is $2,155 cheaper than the average rent for all rentals in Wilmington.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.