
Cheap Homes for Rent in Downtown Wilmington Neighborhood of Wilmington, NC from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Wilmington area of Wilmington.


219 S 7th St

2306 Wrightsville Ave
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.

709 N 11th St

801 S 7th St

709 N 4th St
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.
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 | $1,723 | $995 | $2,250 |
| Downtown Wilmington 3 Bedroom Homes for Rent | $2,188 | $1,550 | $3,200 |
| Downtown Wilmington 4 Bedroom Homes for Rent | $2,225 | $2,150 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 1 Bed unit found at The Pearl & The Jewel priced from $995. Mid Castle has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Pearl & The Jewel | RUBY | 1BR,1BA | $995 |
| Mid Castle | Bennett - A | Studio,1BA | $1,050 |
| Forest Hills | SOUTHERN PINE | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Downtown Wilmington, NC
As of January 11, 2026 the best value apartment in the Downtown Wilmington area is the $1.19 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 $2,150. The second greatest value Downtown Wilmington apartment is the 2B Model at Flats on Front starting at $1,840 with a $1.51 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 114 S 5th Ave, Unit UP | 114 S 5th Ave | 3BR,1BA | $1.19 |
| Flats on Front | 2B | 2BR,2BA | $1.51 |
| 215 N 5th Ave, Unit B | 215 N 5th Ave | 3BR,2BA | $1.50 |
| City Block | Barcelona | 1BR,1BA | $1.79 |
| Chateau Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $1.57 |
| Sawmill Point | Abita | 1BR,1BA | $2.21 |
| 417 N 5th Ave, Unit 417 N 5th Ave #1 | 417 N 5th Ave | 1BR,1BA | $1.42 |
| 17 Social | A1A | 1BR,1BA | $2.09 |
| Forest Hills | SOUTHERN PINE | 1BR,1BA | $1.87 |
| The Pearl & The Jewel | SYDNEY | 1BR,1BA | $2.25 |
Frequently Asked Questions about Downtown Wilmington
What type of rentals are currently available in Downtown Wilmington?
There are currently 103 Apartments for Rent in Downtown Wilmington, NC with pricing that ranges from $995 to $3,955. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wilmington ranging from $995 to $3,200.
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 $3,200 with an average monthly rent of $2,021.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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!