
Cheap Homes for Rent in the Downtown Wilmington Neighborhood of Wilmington, NC from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Wilmington area of Wilmington.


214 S 13th St
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.

723 Chestnut St

618 Harnett St
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.

1005 Chestnut St
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 | $1,490 | $1,190 | $2,000 |
| Downtown Wilmington 3 Bedroom Homes for Rent | $2,024 | $1,295 | $2,800 |
| Downtown Wilmington 4 Bedroom Homes for Rent | $1,975 | $1,850 | $2,100 |
| Downtown Wilmington 5 Bedroom Homes for Rent | $3,125 | $2,850 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Creek | JASMINE | 2BR,2BA | $1,280 |
| Chateau Terrace | 2 Bedroom 1 Bath Deluxe | 2BR,1BA | $1,301 |
| 17 Social | S1A | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 114 S 5th Ave, Unit UP | 114 S 5th Ave | 3BR,1BA | $1.11 |
| Pier 33 Apartments | Pier Mezzanine | 3BR,3BA | $3.51 |
| South Front | Spencer Tracey | 2BR,2.5BA | $1.93 |
| Metropolitan at the Riverwalk | C1L - Loft | 3BR,3BA | $2.80 |
| Chateau Terrace | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.14 |
| The Creek | JASMINE | 2BR,2BA | $1.50 |
| Flats on Front | 1A | 1BR,1BA | $2.56 |
| 17 Social | S1A | Studio ,1BA | $2.31 |
| Mid Castle | Abbey - B | Studio ,1BA | $2.49 |
| 409 Farrows Aly | 409 Farrows Aly | 1BR,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

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.

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.

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.

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.