
Cheap Homes for Rent in Wilmington, NC from $1,150 (62 Rentals)
Search the lowest-cost Homes available for rent right now in Wilmington.


4210 Lake Ave

609 N 8th St

906 S 8th St

4902 Franklin Ave

87 Net Ln

2801 Bloomfield Ln

214 S 13th St

1933 Moss St

1222 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.

2732 S 17th St

2053 Monroe St, Unit 2055

819 Varsity Dr

238 N Crestwood Dr

1253 Wellington Ave

1251 Wellington Ave

4149 Spirea Dr

5621 Lucas Ct

Furnished Studio-Wilmington - West

207 Sunn Aire Ct
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.

209 Sunn Aire Ct

213 Sunn Aire Ct

215 Sunn Aire Ct

1605 Willoughby Pk Ct

4629 McClelland Dr

116 Long Ridge Dr

4230 Wilshire Blvd

3730B St Johns Ct

803 S 7th St

1609 Wellspring Way
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

4541 Kimberly Way, Unit 101

6810 Teviot Rd

944 Bonham Ave

124 S 11th St

4141 Spirea Dr, Unit A

719 S 8th St

5108 Exton Park Loop

720 Montclair Dr

5603 Juneberry Ct

1115 S 9th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

3769 Merestone Dr

Furnished Studio-Wilmington - New Centre Drive

726 Montclair Dr

728 Montclair Dr

215 Evans St

254 Peiffer Ave

4519 Exuma Ln

312 McRae St

618 Condo Club Dr

1105 Kenningston St
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.
Wilmington, NC Local Guide

How much does it cost to rent a home in Wilmington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wilmington 2 Bedroom Homes for Rent | $1,650 | $1,150 | $2,500 |
| Wilmington 3 Bedroom Homes for Rent | $2,275 | $1,250 | $6,500 |
| Wilmington 4 Bedroom Homes for Rent | $2,534 | $1,750 | $4,800 |
| Wilmington 5 Bedroom Homes for Rent | $3,725 | $3,450 | $4,000 |
Browse Top Homes for Rent in Wilmington
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Wilmington, NC Local Guide
- Wilmington Neighborhoods
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Cheapest Neighborhoods for Homes in Wilmington, NC
Pricing Updated: 09/28/2026Current rental homes in the Wilmington, NC area range in price from $1,150 to $4,500 with an overall median price of $2,199. The three Wilmington neighborhoods with the lowest median rent pricing are Sunset Park at $1,550, Cape Fear Country Club at $1,600, and Shipyard Plaza at $1,650. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Homes for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Sunset Park | $1,550 | $1,200 | 22 |
| Cape Fear Country Club | $1,600 | $1,200 | 31 |
| Shipyard Plaza | $1,650 | $1,250 | 14 |
| River Pointe Masonboro Commons | $1,697 | $1,450 | 4 |
| South Side | $1,725 | $1,200 | 15 |
| Creekwood | $1,750 | $1,150 | 47 |
| Lincoln Forest | $1,750 | $1,150 | 32 |
| UNC Wilmington | $1,875 | $1,150 | 52 |
| Northchase | $1,895 | $1,400 | 6 |
| Echo Farms | $1,899 | $1,250 | 11 |
Best Value Homes for Rent in Wilmington, NC
As of September 28, 2026 the best value rental home in the Wilmington area is the $1.10 price per square foot 7128 Cameron Trace Dr Model at 7128 Cameron Trace Dr in the Murraysville neighborhood starting from $2,595. The second greatest value Wilmington rental home is the 7136 Cameron Trace Dr Model at 7136 Cameron Trace Dr in the Murraysville neighborhood starting at $2,730 with a $1.15 price per square foot. Here is today’s list of the best values for Wilmington homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7128 Cameron Trace Dr | 7128 Cameron Trace Dr | 4BR, 2.5BA | $1.10 |
| 7136 Cameron Trace Dr | 7136 Cameron Trace Dr | 4BR, 2.5BA | $1.15 |
| 1608 Corbett St | 1608 Corbett St | 3BR, 2.5BA | $1.02 |
| 1537 Corbett St | 1537 Corbett St | 3BR, 2.5BA | $1.09 |
| 1517 Corbett St | 1517 Corbett St | 3BR, 2.5BA | $1.14 |
| 1529 Corbett St | 1529 Corbett St | 3BR, 2.5BA | $1.05 |
| 3759 Summer Bay Trl | 3759 Summer Bay Trl | 3BR, 2.5BA | $0.98 |
| 3762 Summer Bay Trl | 3762 Summer Bay Trl | 3BR, 2.5BA | $0.98 |
| 3766 Summer Bay Trl | 3766 Summer Bay Trl | 3BR, 2.5BA | $0.97 |
| 7291 Bellacroft Dr | 7291 Bellacroft Dr | 3BR, 2.5BA | $1.10 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleWilmington, NC
Ranked #7
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wilmington, NC Rentals by Map
See the most popular apartments and homes in Wilmington, NC
Frequently Asked Questions about Wilmington
What type of rentals are currently available in Wilmington?
There are currently 445 Apartments for Rent in Wilmington, NC with pricing that ranges from $799 to $6,997. There are also 231 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $1,150 to $6,500.
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 $1,150 to $6,500 with an average monthly rent of $2,108.
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 $799 to $6,997, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $6,500. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $939.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.