306 N 11th St
WilmingtonNC28401
Cheap Apartments for Rent in the Downtown Wilmington Neighborhood of Wilmington, NC from $712 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Wilmington area of Wilmington.
close
View Me
Rent Specials
$1,051 - $1,401
Total Monthly Price
Base Rent$1,051 - $1,401
Total Monthly Price$1,051 - $1,401
Chateau Terrace
1201 Columbus CirWilmington, NC 28403
close
View Me
$1,060 - $1,605Studio to 3 Bedroom Apartments Available Sep 28
The Creek
2247 Wrightsville AveWilmington, NC 28403
close
View Me
$1,125 - $1,6851 to 2 Bedroom Apartments Available Now
Mid Castle
1102 Castle StWilmington, NC 28401
819 Chestnut St
WilmingtonNC28401
1933 Moss St
WilmingtonNC28403
close
View Me
Rent Specials
$1,325 - $2,445Studio to 2 Bedroom Apartments Available Now
17 Social
1625 S 17th StWilmington, NC 28401
close
View Me
$1,335 - $1,7751 to 3 Bedroom Apartments Available Sep 23
Forest Hills
505 Alpine DrWilmington, NC 28403
close
View Me
$1,395
Total Monthly Price
Base Rent$1,395
Total Monthly Price$1,395
1918 Pender Ave, Unit B
1918 Pender AveWilmington, NC 28403
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
806 N 5th Ave
WilmingtonNC28401
714 Taylor St
WilmingtonNC28401
close
View Me
Rent Specials
$1,440 - $4,4071 to 2 Bedroom Apartments Available Now
South Front
1400 S 2nd StWilmington, NC 28401
close
View Me
Rent Specials
$1,448 - $6,928Studio to 2 Bedroom Apartments Available Now
Metropolitan at the Riverwalk
19 Harnett StWilmington, NC 28401
718 Taylor St
WilmingtonNC28401
408 S 7th St
WilmingtonNC28401
124 S 11th St
WilmingtonNC28401
609 Nixon St
WilmingtonNC28401
close
View Me
Rent Specials
$1,639 - $3,919
Total Monthly Price
Base Rent$1,639 - $3,919
Total Monthly PriceVaries
Pier 33 Apartments
901 Nutt StWilmington, NC 28401
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
close
View Me
$1,680 - $3,4131 to 2 Bedroom Apartments Available Now
Sawmill Point
1015 Nutt StWilmington, NC 28401
close
View Me
Studio to 2 Bedroom Apartments
Cape Fear Hotel Apartments
119-121 Chestnut StWilmington, NC 28401
close
View Me
1 to 3 Bedroom Apartments
The Life at Lakeside Villas
1519 Lake Branch DrWilmington, NC 28401
close
View Me
Studio to 2 Bedroom Apartments
The Pearl & The Jewel
411 Wooster StWilmington, NC 28401
close
View Me
Studio to 1 Bedroom Apartments
Cargo North
514 S 17th StWilmington, NC 28401
close
View Me
Studio to 2 Bedroom Apartments
The Terrace Apartments
214 Red Cross StWilmington, NC 28401
close
View Me
1 Bedroom Apartments
Riverview
212 Red Cross StWilmington, NC 28401
609 N 8th St
WilmingtonNC28401
906 S 8th St
WilmingtonNC28401
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
close
View Me
Studio to 2 Bedroom Apartments
Riverview Apartments
211 Red Cross StWilmington, NC 28401
214 S 13th St
WilmingtonNC28401
1222 S 6th St
WilmingtonNC28401
close
View Me
Studio to 1 Bedroom Apartments
Riverwalk Condominiums
212 S Water StWilmington, NC 28401
close
View Me
Studio to 2 Bedroom Apartments
Overlook at RiverPlace
14 Grace StWilmington, NC 28401
close
View Me
2 Bedroom Apartments
608 Castle Street
608 Castle StWilmington, NC 28401
719 S 8th St
WilmingtonNC28401
close
View Me
1 to 3 Bedroom Apartments
Flats on Front
1045 N Front StWilmington, NC 28401
1115 S 9th St
WilmingtonNC28401
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.
312 McRae St
WilmingtonNC28401
407 S 17th St
WilmingtonNC28401
1303 King St
WilmingtonNC28401
Showing Results 1-39, Page 1 of 1
Downtown Wilmington, Wilmington, NC Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Downtown Wilmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Wilmington Studio Apartments | $1,618 | $1,051 | $2,169 |
| Downtown Wilmington 1 Bedroom Apartments | $1,716 | $875 | $3,251 |
| Downtown Wilmington 2 Bedroom Apartments | $2,100 | $1,150 | $4,407 |
| Downtown Wilmington 3 Bedroom Apartments | $2,001 | $1,580 | $3,634 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Downtown Wilmington Neighborhood of Wilmington, NC.
See all Apartments in WilmingtonExplore Wilmington
Downtown Wilmington, Wilmington, NC Local Guide
- Nearby Wilmington neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Downtown Wilmington Apartments for Rent
The cheapest available apartment rental in the Downtown Wilmington area of Wilmington, NC is a 2 Beds unit found at Mid Castle priced from $1,125. 17 Social has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mid Castle | Bennett - D | 2BR, 2BA | $1,125 |
| 17 Social | S1A | Studio, 1BA | $1,325 |
| Metropolitan at the Riverwalk | S1A - Studio | Studio, 1BA | $1,448 |
| South Front | Judy Garland | 1BR, 1BA | $1,480 |
| Flats on Front | 1A | 1BR, 1BA | $1,518 |
| Sawmill Point | Alamosa | 1BR, 1BA | $1,680 |
| Pier 33 Apartments | Bellamy | 1BR, 1BA | $1,779 |
Best Value Apartments for Rent in Downtown Wilmington, NC
As of September 22, 2026 the best value apartment in the Downtown Wilmington area is the $1.40 price per square foot 1918 Pender Ave Model at 1918 Pender Ave, Unit B in the Carolina Heights neighborhood starting from $1,395. The second greatest value Downtown Wilmington apartment is the Alamosa Model at Sawmill Point in the Carolina Heights neighborhood starting at $1,680 with a $2.10 price per square foot. Here is today’s list of the best values for Downtown Wilmington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1918 Pender Ave, Unit B | 1918 Pender Ave | 2BR, 2BA | $1.40 |
| Sawmill Point | Alamosa | 1BR, 1BA | $2.10 |
| Flats on Front | 1B | 1BR, 1BA | $2.11 |
| Pier 33 Apartments | Airlie with Patio | Studio, 1BA | $3.73 |
| 17 Social | S1A | Studio, 1BA | $2.32 |
| Metropolitan at the Riverwalk | S1A - Studio | Studio, 1BA | $2.61 |
| South Front | Judy Garland | 1BR, 1BA | $2.75 |
| 1202 Chestnut St | 1202 Chestnut St | 1BR, 1BA | $3.52 |
| Mid Castle | Bennett - D | 2BR, 2BA | $2.37 |
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 Article
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.
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 Article
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.
Let everyone know!
Do you know the Downtown Wilmington area?
If you’re an expert on all things Downtown Wilmington, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Wilmington, NC. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, places to raise kids, raising pets, transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Downtown Wilmington Apartments
What is a cheap apartment in Downtown Wilmington?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Wilmington is under $1,779.
What is the price of a cheap apartment in Downtown Wilmington?
The cheapest apartment in Downtown Wilmington is Mid Castle which is listed at $1,200, while the average apartment in Downtown Wilmington costs $1,715.
What types of apartments are the cheapest in Downtown 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 12 regular apartments in Downtown Wilmington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.