Cheap Homes for Rent in Wilmington, NC from $700 (56 Rentals)

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property at 206 S 20th St

206 S 20th St

WilmingtonNC28403
property at 219 S 7th St

219 S 7th St

WilmingtonNC28401
property at 217 S 7th St

217 S 7th St

WilmingtonNC28401
property at 301 S 13th St

301 S 13th St

WilmingtonNC28401
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Wilmington, NC Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, NC

Pricing Updated: 10/28/2025

Current apartment rentals in the Wilmington, NC area range in price from $765 to $5,040 with an overall median price of $2,253. The three Wilmington neighborhoods with the lowest median rent pricing are Creekwood at $825, UNC Wilmington at $765, and Windemere at $765. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Creekwood$1,495$825253
UNC Wilmington$1,567$765363
Windemere$1,673$765326
Hightsville$1,680$96385
Inlet Point Harbor$1,680$99938
Sea Breeze$1,680$99938
The Cape Cypress Island$1,680$99938
Cape Fear Country Club$1,698$819214
Kings Grant$1,711$969148
Murraysville$1,725$1,070137

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, NC is a Studio unit found at Flats at Market Street in the College Acres neighborhood priced from $775. Bonnet Ct in the Windemere neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Flats at Market StreetThe Top SailStudio,1BA$775
Bonnet CtSTUDIOStudio,1BA$899
Villas at Echo EastA21BR,1BA$919
Wilmington Commons ApartmentsA11BR,1BA$975
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$982
The CreekIVYStudio,1BA$985
The Reserve at Forest HillsAnnexe-Bouvier1BR,1BA$990
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$990
The Pearl & The JewelRUBY1BR,1BA$995
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$999

Best Value Apartments for Rent in Wilmington, NC

As of October 28, 2025 the best value apartment in the Wilmington area is the $1.20 price per square foot Holden-Granite Model at Abbotts Run in the in the Windemere neighborhood starting from $1,532. The second greatest value Wilmington apartment is the Magnolia Model at Glenmeade Village starting at $1,575 with a $1.26 price per square foot in the Shipyard Plaza neighborhood. Here is today’s list of the best values for Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Abbotts RunHolden-Granite3BR,3BA$1.20
Glenmeade VillageMagnolia3BR,2BA$1.26
Vineyard PointeChardonnay3BR,2.5BA$1.29
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.80
Harrington SquareThe Leland2BR,2BA$1.30
Seahawk Cove3x3 Deluxe3BR,3BA$0.76
Harper LandingHaven Renovated2BR,2BA$1.30
Villas at Echo EastB32BR,2BA$1.31
Sand RidgeAzalea2BR,1.5BA$1.26
The Nest at 49552x22BR,2BA$1.15

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Pet Friendly Lifestyle
Wilmington, NC

Ranked #6

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Wilmington

What type of rentals are currently available in Wilmington?

There are currently 436 Apartments for Rent in Wilmington, NC with pricing that ranges from $755 to $4,954. There are also 275 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $785 to $6,200.

What is the current price range for Rental Homes in Wilmington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wilmington ranges from $785 to $6,200 with an average monthly rent of $2,061.

How much are larger Three and Four Bedroom Rentals in Wilmington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wilmington range from $755 to $3,919, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,800. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $939.

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 Apartment Common Area Rules: What Renters Need to Know article

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.

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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.