
Cheap Homes for Rent in Wilmington, NC from $900 (37 Rentals)
Search the lowest-cost Homes available for rent right now in Wilmington.


4752 Seahawk Ct

4904 Franklin Ave

705 Ann St

522 S Kerr Ave

2940 Oleander Dr

5614 Lucas Ct

4305 Holly Tree Rd

4902 Franklin Ave
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.

618 Harnett St

214 S 13th St

733 Bragg Dr

723 Chestnut St

1222 S 6th St

5630 Lucas Ct

801 Montclair Dr

2026 N Kerr Ave

5026 Park Ave S
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.

4528 Kimberly Way

1933 Moss St

1811 Savannah Ct

116 Long Ridge Dr

4149 Spirea Dr

237 Bountiful Ln

2732 S 17th St, Unit D

729 Bragg Dr

307 St Rosea Rd
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.

135 Dresser Ln, Unit 9205

5069 Peachtree Ave, Unit A

825 Montclair Dr

3720 Prices Ln

3923 Carolina Beach Rd

4431 Holly Tree Rd

4629 McClelland Dr

5138 Greenville Loop Rd

1009 S 6th 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.

4604 Song Sparrow Ct
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 | $1,686 | $1,000 | $2,650 |
| Wilmington 3 Bedroom Homes for Rent | $2,207 | $925 | $7,500 |
| Wilmington 4 Bedroom Homes for Rent | $2,703 | $1,849 | $6,000 |
| Wilmington 5 Bedroom Homes for Rent | $3,400 | $2,600 | $4,350 |
Browse Top Homes for Rent in Wilmington
Explore Wilmington
Wilmington, NC Local Guide
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Cheapest Neighborhoods for Apartments in Wilmington, NC
Pricing Updated: 08/12/2026Current apartment rentals in the Wilmington, NC area range in price from $715 to $6,050 with an overall median price of $1,720. The three Wilmington neighborhoods with the lowest median rent pricing are RiverMist at $1,075, Creekwood at $1,455, and Inlet Point Harbor at $1,500. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| RiverMist | $1,075 | $1,075 | 1 |
| Creekwood | $1,455 | $715 | 94 |
| Inlet Point Harbor | $1,500 | $1,159 | 40 |
| Myrtle Grove | $1,500 | $1,159 | 48 |
| River Pointe Masonboro Commons | $1,500 | $1,159 | 33 |
| Sea Breeze | $1,500 | $1,159 | 40 |
| The Cape Cypress Island | $1,500 | $1,159 | 40 |
| Lincoln Forest | $1,518 | $715 | 219 |
| UNC Wilmington | $1,523 | $715 | 140 |
| Cape Fear Country Club | $1,543 | $849 | 177 |
Cheapest Available Wilmington Apartments for Rent
 The cheapest available apartment rental in Wilmington, NC is a 3 Beds unit found at Elevation Student Living in the Lincoln Forest neighborhood priced from $849. Elevation South in the Lincoln Forest neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $949. Here is today’s list of the most affordable Wilmington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elevation Student Living | Cordova (Enclave) | 3BR,2BA | $849 |
| Elevation South | Derby A (Elevation II) | 4BR,4BA | $949 |
| Hanover Landing Apartments | 1 BD W/D | 1BR,1BA | $985 |
| Veterans Park | 1 Bedoom 1.5 Bathoom | 1BR,1BA | $996 |
| The Pines of Wilmington Apartments | One Bedroom - Upgraded | 1BR,1BA | $1,025 |
| Villas at Echo East | A260 | 1BR,1BA | $1,047 |
| Harbor Station Townhomes | 1x1 Garden Standard - Call For Availability | 1BR,1BA | $1,050 |
| Wilmington Commons Apartments | A1 | 1BR,1BA | $1,050 |
| The Preserve at Pine Valley | Azalea- 11AZ | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Wilmington, NC
As of August 12, 2026 the best value apartment in the Wilmington area is the $0.61 price per square foot Derby A (Elevation II) Model at Elevation South in the in the Lincoln Forest neighborhood starting from $949. The second greatest value Wilmington apartment is the Catawba Exterior Model at Townes at Park Place starting at $1,949 with a $1.29 price per square foot in the Pine Valley East neighborhood. Here is today’s list of the best values for Wilmington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Elevation South | Derby A (Elevation II) | 4BR,4BA | $0.61 |
| Townes at Park Place | Catawba Exterior | 3BR,2.5BA | $1.29 |
| The Coastal | The Sanctuary Classic | 3BR,3BA | $1.30 |
| The Reserve at Forest Hills | Forest Hills - Chardonnay | 3BR,3BA | $1.12 |
| Chateau Terrace | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.14 |
| Deerbrook Apartments | Classic Bennett | 2BR,2BA | $1.19 |
| Bonnet Ct | 2 Bedoom 2 Bathoom | 2BR,2BA | $1.26 |
| Seahawk Cove | 3x3 Deluxe | 3BR,3BA | $0.75 |
| Elevation Student Living | Burton (Enclave) | 2BR,2BA | $1.00 |
| Shipyard at Wilmington | The Tide | 1BR,1BA | $1.28 |
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 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 437 Apartments for Rent in Wilmington, NC with pricing that ranges from $715 to $6,050. There are also 229 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $925 to $7,500.
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 $925 to $7,500 with an average monthly rent of $2,135.
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 $715 to $6,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $7,500. Four Bedroom Single-Family rentals are also available starting from $1,849 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.

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.

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.