Cheap Apartments for Rent in the College Acres Neighborhood of Wilmington, NC from $600 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the College Acres area of Wilmington.

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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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5040 Market StWilmington, NC 28405
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College Acres, Wilmington, NC Local Guide

Cheapest Available College Acres Apartments for Rent

 

The cheapest available apartment rental in the College Acres area of Wilmington, NC is a 1 Bed unit found at Hawthorne at New Centre priced from $907. Lofts of Wilmington has the second lowest priced unit, which is a 1 Bed apartment currently listed from $965. Here are the most affordable College Acres apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$907
Lofts of WilmingtonA1P - Dogwood1BR,1BA$965
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$975
Wilmington Commons ApartmentsA11BR,1BA$975
Cypress Pointe Apartment HomesA - The Kure1BR,1BA$1,053

Best Value Apartments for Rent in College Acres, NC

As of January 20, 2026 the best value apartment in the College Acres area is the $1.57 price per square foot Butler Model at Mayfaire Flats in the in the Ogden neighborhood starting from $1,905. The second greatest value College Acres apartment is the 3x3 Model at The Nest at 4955 starting at $729 with a $0.63 price per square foot in the Windemere neighborhood. Here is today’s list of the best values for College Acres apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mayfaire FlatsButler2BR,2BA$1.57
The Nest at 49553x33BR,3BA$0.63
Ethos 6222BR/2.0BA2BR,2BA$1.58
Bonnet Ct2 Bedoom 2 Bathoom2BR,2BA$1.06
Seahawk Cove3x3 Deluxe3BR,3BA$0.73
Cypress Pointe Apartment HomesB - The Carolina2BR,1.5BA$1.71
The Reserve at MayfaireThe Lumina 1 Bedroom 1 Bath Renovated1BR,1BA$1.61
Hawthorne at OleanderThe Banks1BR,1BA$1.70
Comet Scotts HillCedar1BR,1BA$1.76
Hawthorne at New Centre1 Bed 1 and Half Bath Refreshed1BR,1.5BA$1.73

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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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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Best Local Schools in
College Acres, Wilmington, NC

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across North Carolina and customized analysis for Northeastern Wilmington, NC. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, pet-friendly features, features that make it easier to raise kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap College Acres Apartments

What is a cheap apartment in College Acres?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Acres is under $1,223.

What is the price of a cheap apartment in College Acres?

The cheapest apartment in College Acres is Hawthorne at New Centre which is listed at $907, while the average apartment in College Acres costs $1,750.

What types of apartments are the cheapest in College Acres?

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 55 regular apartments in College Acres 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 College Acres?

Cheap apartments in College Acres have an average cost of $369 which is $1,381 cheaper than the average rent for all rentals in College Acres.

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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!