Cheap Homes for Rent in the Downtown Wilmington Neighborhood of Wilmington, NC from $1,100 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Wilmington area of Wilmington.

property at 705 Ann St

$1,190

Total Monthly Price

Total Monthly Price

Base Rent
$1,190

Total Monthly Price
$1,190

2 Bedroom, 1 Bath Townhome for Rent

Available Now

705 Ann St

WilmingtonNC28401

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.

property at 618 Harnett St

$1,300

3 Bedroom Rentals

Available Aug 5

618 Harnett St

WilmingtonNC28401

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.

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 The Creek priced from $1,280. Chateau Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,301. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
The CreekJASMINE2BR,2BA$1,280
Chateau Terrace2 Bedroom 1 Bath Deluxe2BR,1BA$1,301
17 SocialS1AStudio,1BA$1,320

Best Value Apartments for Rent in Downtown Wilmington, NC

As of July 26, 2026 the best value apartment in the Downtown Wilmington area is the $1.11 price per square foot 114 S 5th Ave Model at 114 S 5th Ave, Unit UP in the in the South Side neighborhood starting from $1,995. The second greatest value Downtown Wilmington apartment is the Pier Mezzanine Model at Pier 33 Apartments starting at $5,769 with a $3.51 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 ListingModel NameBed/BathPrice Per Sq.Ft.
114 S 5th Ave, Unit UP114 S 5th Ave3BR,1BA$1.11
Pier 33 ApartmentsPier Mezzanine3BR,3BA$3.51
South FrontSpencer Tracey2BR,2.5BA$1.93
Metropolitan at the RiverwalkC1L - Loft3BR,3BA$2.80
Chateau Terrace2 Bedroom 1.5 Bath2BR,1.5BA$1.14
The CreekJASMINE2BR,2BA$1.50
Flats on Front1A1BR,1BA$2.56
17 SocialS1AStudio ,1BA$2.31
Mid CastleAbbey - BStudio ,1BA$2.49
409 Farrows Aly409 Farrows Aly1BR,1BA$2.44

Frequently Asked Questions about Downtown Wilmington

What type of rentals are currently available in Downtown Wilmington?

There are currently 98 Apartments for Rent in Downtown Wilmington, NC with pricing that ranges from $995 to $5,769. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wilmington ranging from $1,190 to $3,400.

What is the current price range for Rental Homes in Downtown Wilmington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Wilmington ranges from $1,190 to $3,400 with an average monthly rent of $2,222.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.