
Cheap Homes for Rent in Downtown Wilmington Neighborhood of Wilmington, NC from $1,400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Wilmington area of Wilmington.


709 N 11th St

818 Hanover St

826 Hanover St

414 Queen St

113 S 10th St
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.

518 N 6th St

2107 Creecy Ave

1404 Church St

915 S 10th St

901 Campbell St

618 S 3rd St
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.
Downtown Wilmington, Wilmington, NC Local Guide

How much does it cost to rent a home in Downtown Wilmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Wilmington 2 Bedroom Homes for Rent | $1,780 | $1,425 | $2,350 |
| Downtown Wilmington 3 Bedroom Homes for Rent | $2,327 | $1,600 | $3,500 |
| Downtown Wilmington 4 Bedroom Homes for Rent | $2,212 | $1,750 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Wilmington Neighborhood of Wilmington, NC.
Explore Wilmington
Cheapest Available Downtown Wilmington Apartments for Rent
 The cheapest available apartment rental in the Downtown Wilmington area of Wilmington, NC is a Studio unit found at The Creek priced from $985. Forest Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Creek | IVY | Studio,1BA | $985 |
| Forest Hills | SOUTHERN PINE | 1BR,1BA | $1,149 |
| Chateau Terrace | 2 Bedroom 1 Bath Deluxe | 2BR,1BA | $1,301 |
| Mid Castle | Royal- A | 1BR,1BA | $1,325 |
| City Block | London | 1BR,1BA | $1,428 |
Best Value Apartments for Rent in Downtown Wilmington, NC
As of April 25, 2026 the best value apartment in the Downtown Wilmington area is the $1.17 price per square foot 2 Bedroom 1 Bath Model at Chateau Terrace in the in the Carolina Heights neighborhood starting from $1,346. The second greatest value Downtown Wilmington apartment is the Rita Hayworth Model at South Front starting at $2,195 with a $2.00 price per square foot in the South Side 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. |
|---|---|---|---|
| Chateau Terrace | 2 Bedroom 1 Bath | 2BR,1BA | $1.17 |
| South Front | Rita Hayworth | 1BR,1.5BA | $2.00 |
| 2103 Pender Ave, Unit 1 | 2103 Pender Ave | 2BR,2BA | $1.50 |
| Metropolitan at the Riverwalk | B7B | 2BR,2BA | $2.18 |
| 30 N Front St, Unit 2 | 30 N Front St | 2BR,2BA | $2.33 |
| Sawmill Point | Alamosa | 1BR,1BA | $1.87 |
| 17 Social | A1E | 1BR,1BA | $1.91 |
| City Block | London | 1BR,1BA | $2.03 |
| Forest Hills | SOUTHERN PINE | 1BR,1BA | $1.87 |
| The Creek | IVY | Studio ,1BA | $2.29 |
Frequently Asked Questions about Downtown Wilmington
What type of rentals are currently available in Downtown Wilmington?
There are currently 99 Apartments for Rent in Downtown Wilmington, NC with pricing that ranges from $995 to $3,723. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wilmington ranging from $1,425 to $3,500.
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 $1,425 to $3,500 with an average monthly rent of $1,991.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.