Cheap Homes for Rent in Downtown Wilmington Neighborhood of Wilmington, NC from $1,400 (12 Rentals)

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

property at 818 Hanover St

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Home for Rent

Available Now

818 Hanover St

WilmingtonNC28401
property at 414 Queen St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Home for Rent

Available Now

414 Queen St

WilmingtonNC28401

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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 ListingModel NameBed/BathPriced From
The CreekIVYStudio,1BA$985
Forest HillsSOUTHERN PINE1BR,1BA$1,149
Chateau Terrace2 Bedroom 1 Bath Deluxe2BR,1BA$1,301
Mid CastleRoyal- A1BR,1BA$1,325
City BlockLondon1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Chateau Terrace2 Bedroom 1 Bath2BR,1BA$1.17
South FrontRita Hayworth1BR,1.5BA$2.00
2103 Pender Ave, Unit 12103 Pender Ave2BR,2BA$1.50
Metropolitan at the RiverwalkB7B2BR,2BA$2.18
30 N Front St, Unit 230 N Front St2BR,2BA$2.33
Sawmill PointAlamosa1BR,1BA$1.87
17 SocialA1E1BR,1BA$1.91
City BlockLondon1BR,1BA$2.03
Forest HillsSOUTHERN PINE1BR,1BA$1.87
The CreekIVYStudio ,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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.