
Cheap Homes for Rent in the Downtown Wilmington Neighborhood of Wilmington, NC from $1,200 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Wilmington area of Wilmington.


609 N 8th St

214 S 13th St

1933 Moss St

1222 S 6th St

1009 S 6th 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.

719 S 8th St

1115 S 9th St

124 S 11th St

312 McRae St

906 Starkeys Aly

1206 Dawson 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.

1303 King 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 | $1,779 | $1,200 | $2,500 |
| Downtown Wilmington 3 Bedroom Homes for Rent | $2,085 | $1,295 | $3,400 |
| Downtown Wilmington 4 Bedroom Homes for Rent | $2,170 | $1,750 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 Chateau Terrace priced from $1,316. Mid Castle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,325. Here are the most affordable Downtown Wilmington apartments for rent in Wilmington, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chateau Terrace | 2 Bedroom 1.5 Bath | 2BR,1BA | $1,316 |
| Mid Castle | Royal- A | 1BR,1BA | $1,325 |
| South Front | Ella Fitzgerald | 1BR,1BA | $1,436 |
| Forest Hills | BRADFORD | 2BR,1BA | $1,440 |
| 17 Social | A1A | 1BR,1BA | $1,500 |
Best Value Apartments for Rent in Downtown Wilmington, NC
As of September 10, 2026 the best value apartment in the Downtown Wilmington area is the $1.14 price per square foot 2 Bedroom 1.5 Bath Model at Chateau Terrace in the in the Carolina Heights neighborhood starting from $1,316. The second greatest value Downtown Wilmington apartment is the 1918 Pender Ave Model at 1918 Pender Ave, Unit B starting at $1,495 with a $1.50 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. |
|---|---|---|---|
| Chateau Terrace | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.14 |
| 1918 Pender Ave, Unit B | 1918 Pender Ave | 2BR,2BA | $1.50 |
| Forest Hills | BRADFORD | 2BR,1.5BA | $1.54 |
| 30 N Front St, Unit 2 | 30 N Front St | 2BR,2BA | $2.33 |
| Sawmill Point | Alamosa | 1BR,1BA | $2.11 |
| 17 Social | A1A | 1BR,1BA | $2.41 |
| Flats on Front | 1A | 1BR,1BA | $2.68 |
| Metropolitan at the Riverwalk | S1A - Studio | Studio ,1BA | $2.75 |
| Mid Castle | Abbey - B | Studio ,1BA | $2.49 |
| South Front | Judy Garland | 1BR,1BA | $2.71 |
Frequently Asked Questions about Downtown Wilmington
What type of rentals are currently available in Downtown Wilmington?
There are currently 105 Apartments for Rent in Downtown Wilmington, NC with pricing that ranges from $875 to $4,669. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Wilmington ranging from $1,200 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 $1,200 to $3,400 with an average monthly rent of $1,970.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.