Cheap Homes for Rent in Wilmington, NC from $700 (53 Rentals)

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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.

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property at 219 S 7th St

219 S 7th St

WilmingtonNC28401

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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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property at 3721 Merestone Dr

3721 Merestone Dr

WilmingtonNC28412

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 204 Jordan Ln

204 Jordan Ln

WilmingtonNC28403
property at 202 Jordan Ln

202 Jordan Ln

WilmingtonNC28403

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Wilmington, NC Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, NC

Pricing Updated: 12/13/2025

Current apartment rentals in the Wilmington, NC area range in price from $700 to $3,995 with an overall median price of $2,688. The three Wilmington neighborhoods with the lowest median rent pricing are Mayfaire at $1,795, Sunset Park at $995, and Pine Valley East at $1,400. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mayfaire$1,800$1,7953
Sunset Park$1,875$99523
Pine Valley East$2,000$1,4006
Windemere$2,000$1,1008
Cape Fear Country Club$2,200$99537
South Side$2,200$99521
Wrightsboro$2,200$2,1005
Sea Breeze$2,300$2,3001
RiverMist$2,350$1,7002
Carolina Heights$2,400$99535

Cheapest Available Wilmington Apartments for Rent

 

The cheapest available apartment rental in Wilmington, NC is a 1 Bed unit found at Veterans Park in the The Cape Cypress Island neighborhood priced from $859. 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
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$859
Bonnet CtSTUDIOStudio,1BA$899
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$913
Villas at Echo EastA21BR,1BA$919
Lofts of WilmingtonA1R - Dogwood1BR,1BA$955
Wilmington Commons ApartmentsA11BR,1BA$975
Cargo North1BR/1.0BA1BR,1BA$975
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$982
The Pearl & The JewelRUBY1BR,1BA$995

Best Value Apartments for Rent in Wilmington, NC

As of December 13, 2025 the best value apartment in the Wilmington area is the $1.15 price per square foot Kinston Model at Banton Village in the starting from $2,320. The second greatest value Wilmington apartment is the Chardonnay Model at Vineyard Pointe starting at $1,592 with a $1.29 price per square foot in the Windemere 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.
Banton VillageKinston4BR,2.5BA$1.15
Vineyard PointeChardonnay3BR,2.5BA$1.29
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.80
The Nest at 49553x33BR,3BA$0.63
The Flats at LelandThe Leland2BR,2BA$1.29
Glenmeade VillageCrepe Myrtle2BR,2BA$1.30
Harrington SquareThe Ocean Isle1BR,1BA$1.28
Seahawk Cove3x3 Deluxe3BR,3BA$0.76
Harper LandingHaven Renovated2BR,2BA$1.30
Shipyard at WilmingtonThe Tide1BR,1BA$1.19

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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.

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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!

Explore Wilmington, NC Rentals by Map

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See the most popular apartments and homes in Wilmington, NC

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Wilmington, NC Apartments Map
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Wilmington, NC Rental Homes Map

Frequently Asked Questions about Wilmington

What type of rentals are currently available in Wilmington?

There are currently 442 Apartments for Rent in Wilmington, NC with pricing that ranges from $729 to $4,954. There are also 321 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $700 to $5,000.

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 $700 to $5,000 with an average monthly rent of $2,025.

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 $729 to $3,681, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,995 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

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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.

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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! 

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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.