
Cheap Apartments for Rent in the Covil Estates Neighborhood of Wilmington, NC from $700 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Covil Estates area of Wilmington.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Residence at Canopy Pointe
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.

Hawthorne Lofts South
Covil Estates, Wilmington, NC Local Guide

How much does it cost to rent an apartment in Covil Estates?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Covil Estates Studio Apartments | $1,494 | $1,493 | $1,495 |
| Covil Estates 1 Bedroom Apartments | $1,579 | $1,086 | $2,203 |
| Covil Estates 2 Bedroom Apartments | $1,883 | $899 | $4,278 |
| Covil Estates 3 Bedroom Apartments | $1,909 | $785 | $2,619 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Covil Estates Neighborhood of Wilmington, NC.
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Covil Estates, Wilmington, NC Local Guide
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Best Value Apartments for Rent in Covil Estates, NC
As of June 20, 2026 the best value apartment in the Covil Estates area is the $1.76 price per square foot The Mayfaire 2 Bedroom 2 Bath Renovated Model at The Reserve at Mayfaire in the in the Ogden neighborhood starting from $2,095. The second greatest value Covil Estates apartment is the Benny Model at Arboretum West starting at $1,960 with a $1.73 price per square foot in the Kings Grant neighborhood. Here is today’s list of the best values for Covil Estates apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Reserve at Mayfaire | The Mayfaire 2 Bedroom 2 Bath Renovated | 2BR,2BA | $1.76 |
| Arboretum West | Benny | 2BR,2BA | $1.73 |
| Middle Sound West Apartments | Bahia | 2BR,2BA | $1.67 |
| The Nixon | B1 | 2BR,2BA | $1.70 |
| Cypress Pointe Apartment Homes | B - The Carolina | 2BR,1.5BA | $1.49 |
| Amberleigh Shores | 1 Bedroom 1 Bath - Deluxe | 1BR,1BA | $1.55 |
| Hawthorne at Murrayville | The Carolina | 1BR,1BA | $1.79 |
| Cape Harbor | Brindley Renovated A1A | 1BR,1BA | $2.04 |
| The Park at Three Oaks Apartments | Willow | 1BR,1BA | $1.91 |
| Briarcliff Villas | Amelia | 1BR,1BA | $1.81 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleCovil Estates, Wilmington, NC
Ranked #10
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Covil Estates Apartments
What is the price of a cheap apartment in Covil Estates?
The cheapest apartment in Covil Estates is Briarcliff Villas which is listed at $1,086, while the average apartment in Covil Estates costs $1,931.
What types of apartments are the cheapest in Covil Estates?
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 16 regular apartments in Covil Estates 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 Covil Estates?
Cheap apartments in Covil Estates have an average cost of $188 which is $1,743 cheaper than the average rent for all rentals in Covil Estates.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.