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$985 - $1,445Studio to 3 Bedroom Apartments Available Now
The Creek
2247 Wrightsville AveWilmington, NC 28403
Cheap Apartments for Rent in the Downtown Wilmington Neighborhood of Wilmington, NC from $700 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Wilmington area of Wilmington.
304 1/2 Marstellar St
304 Marstellar St
WilmingtonNC28401
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$995 - $1,750Studio to 2 Bedroom Apartments Available Now
The Pearl & The Jewel
411 Wooster StWilmington, NC 28401
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111 Church St
WilmingtonNC28401
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$1,035 - $1,430Studio to 3 Bedroom Apartments Available Now
Chateau Terrace
1201 Columbus CirWilmington, NC 28403
219 S 7th St
WilmingtonNC28401
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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$1,1001 Bedroom Apartment Available Now
417 N 5th Ave, Unit 417 N 5th Ave #1
417 N 5th AveWilmington, NC 28401
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$1,225 - $1,600Studio to 2 Bedroom Apartments Available Now
Mid Castle
1102 Castle StWilmington, NC 28401
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Rent Specials
$1,299 - $1,8451 to 2 Bedroom Apartments Available Now
City Block
814 N 3rd StWilmington, NC 28401
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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.
1011 Queen St
WilmingtonNC28401
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1307 Glenn St
WilmingtonNC28401
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215 Gores Row
WilmingtonNC28401
107 S 5th Ave
WilmingtonNC28401
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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751 S 12th St
WilmingtonNC28401
Showing Results 1-23, 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 | $1,384 | $1,000 | $1,923 |
| Downtown Wilmington 1 Bedroom Apartments | $1,545 | $975 | $2,619 |
| Downtown Wilmington 2 Bedroom Apartments | $1,882 | $1,149 | $4,061 |
| Downtown Wilmington 3 Bedroom Apartments | $1,589 | $1,399 | $1,795 |
Browse Apartments in this Neighborhood
There are currently 23 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
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- Local Counties
Cheapest Available Downtown Wilmington Apartments for Rent
The cheapest available apartment rental in the Downtown Wilmington area of Wilmington, NC is a 1 Bed unit found at The Creek priced from $975. Cargo North has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Creek | AZALEA | 1BR,1BA | $975 |
| Cargo North | 1BR/1.0BA | 1BR,1BA | $975 |
| The Pearl & The Jewel | SYDNEY | 1BR,1BA | $1,125 |
| Chateau Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $1,180 |
| Forest Hills | SOUTHERN PINE | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Downtown Wilmington, NC
As of December 11, 2025 the best value apartment in the Downtown Wilmington area is the $1.50 price per square foot 215 N 5th Ave Model at 215 N 5th Ave, Unit B in the in the Carolina Heights neighborhood starting from $1,795. The second greatest value Downtown Wilmington apartment is the Athens Model at City Block starting at $1,670 with a $1.65 price per square foot in the Carolina Heights neighborhood. 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. |
|---|---|---|---|
| 215 N 5th Ave, Unit B | 215 N 5th Ave | 3BR,2BA | $1.50 |
| City Block | Athens | 2BR,2BA | $1.65 |
| Sawmill Point | Alamosa | 1BR,1BA | $1.77 |
| Chateau Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $1.57 |
| 417 N 5th Ave, Unit 417 N 5th Ave #1 | 417 N 5th Ave | 1BR,1BA | $1.57 |
| 306 Kenwood Ave, Unit A | 306 Kenwood Ave | 1BR,1BA | $1.53 |
| The Creek | AZALEA | 1BR,1BA | $1.57 |
| Forest Hills | SOUTHERN PINE | 1BR,1BA | $1.95 |
| South Front | Louis Armstrong | 1BR,1BA | $2.24 |
| Cargo North | 1BR/1.0BA | 1BR,1BA | $1.95 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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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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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!
Getting Around the Downtown Wilmington Neighborhood in Wilmington, NC
Walk Score®
85 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
86 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,329.
What is the price of a cheap apartment in Downtown Wilmington?
The cheapest apartment in Downtown Wilmington is Cargo North which is listed at $975, while the average apartment in Downtown Wilmington costs $1,885.
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 4 regular apartments in Downtown 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 Downtown Wilmington?
Cheap apartments in Downtown Wilmington have an average cost of $162 which is $1,723 cheaper than the average rent for all rentals in Downtown 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
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.