Cheap Homes for Rent in Downtown Wilmington Neighborhood of Wilmington, NC from $900 (7 Rentals)

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

property at 206 S 20th St

206 S 20th St

WilmingtonNC28403
property at 219 S 7th St

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.

property at 217 S 7th St

217 S 7th St

WilmingtonNC28401

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.

property at 301 S 13th St

301 S 13th St

WilmingtonNC28401

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 Pearl & The Jewel priced from $995. The Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
The Pearl & The JewelRUBY1BR,1BA$995
The CreekAZALEA1BR,1BA$999
Cargo North1BR/1.0BA1BR,1BA$1,050

Best Value Apartments for Rent in Downtown Wilmington, NC

As of October 20, 2025 the best value apartment in the Downtown Wilmington area is the $1.68 price per square foot 3B Den Model at Flats on Front in the in the Carolina Heights neighborhood starting from $2,720. The second greatest value Downtown Wilmington apartment is the MAGNOLIA Model at Forest Hills starting at $1,570 with a $1.12 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.
Flats on Front3B Den3BR,2BA$1.68
Forest HillsMAGNOLIA3BR,2BA$1.12
City BlockBarcelona1BR,1BA$1.86
Sawmill PointAlamosa1BR,1BA$1.75
17 SocialA1E1BR,1BA$1.88
Chateau Terrace1 Bedroom 1 Bath1BR,1BA$1.57
417 N 5th Ave, Unit 417 N 5th Ave #1417 N 5th Ave1BR,1BA$1.57
The CreekAZALEA1BR,1BA$1.57
308 Kenwood Ave, Unit A308 Kenwood Ave1BR,1BA$2.09
Cargo North1BR/1.0BA1BR,1BA$2.10

Frequently Asked Questions about Downtown Wilmington

What type of rentals are currently available in Downtown Wilmington?

There are currently 112 Apartments for Rent in Downtown Wilmington, NC with pricing that ranges from $995 to $4,689. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wilmington ranging from $995 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 $995 to $3,500 with an average monthly rent of $2,018.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.