Cheap Homes for Rent in Wilmington, NC from $800 (55 Rentals)

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Search the lowest-cost Homes available for rent right now in Wilmington.

property at 149 Lullwater Dr

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1.5 Bath Condo for Rent

Available Now

149 Lullwater Dr

WilmingtonNC28403
property at 8228 Lantana Ln

$1,200 - $2,450

1 To 3 Bedroom Rentals

Available Now

8228 Lantana Ln

WilmingtonNC28411
property at 522 S Kerr Ave

$1,200 - $1,350

2 Bedroom Rentals

Available Now

522 S Kerr Ave

WilmingtonNC28403

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.

property at 818 Hanover St

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Home for Rent

Available Now

818 Hanover St

WilmingtonNC28401

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.

property at 2813 Bloomfield Ln

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 2 Bath Condo for Rent

Available Now

2813 Bloomfield Ln, Unit 206, Unit 206

2813 Bloomfield Ln
WilmingtonNC28412
property at 4311 Wrightsville Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

4311 Wrightsville Ave

WilmingtonNC28403

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.

property at 414 Queen St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

1 Bedroom, 1 Bath Home for Rent

Available Now

414 Queen St

WilmingtonNC28401

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.

property at 610 S Kerr Ave

$1,600 - $1,850

2 Bedroom Rentals

Available Now

610 S Kerr Ave

WilmingtonNC28403
property at 1004 Hampton Ct

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 2 Bath Townhome for Rent

Available Now

1004 Hampton Ct

LelandNC28451
property at 5006 Carleton Dr

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

3 Bedroom, 2 Bath Townhome for Rent

Available May 10

5006 Carleton Dr

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.

Wilmington, NC Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, NC

Pricing Updated: 05/05/2026

Current apartment rentals in the Wilmington, NC area range in price from $850 to $3,900 with an overall median price of $2,831. The three Wilmington neighborhoods with the lowest median rent pricing are Shipyard Plaza at $1,075, Myrtle Grove at $1,450, and Silver Lake at $1,450. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Shipyard Plaza$1,925$1,07514
Myrtle Grove$1,995$1,45016
Silver Lake$1,999$1,45017
RiverMist$2,225$1,6004
Hightsville$2,247$2,1694
River Pointe Masonboro Commons$2,247$1,7956
South Side$2,250$1,52516
Wrightsboro$2,297$2,0004
Northchase$2,300$1,7953
Kirkland$2,350$1,2007

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 $819. Villas at Echo East in the East side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here is today’s list of the most affordable Wilmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elevation Student LivingCordova (Enclave)3BR,2BA$819
Villas at Echo EastA2- 1 bedroom1BR,1BA$910
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$982
The CreekIVYStudio,1BA$995
Hanover Landing Apartments1 BD W/D1BR,1BA$999
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$999
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$1,025
Briarcliff VillasArial1BR,1BA$1,042
Starway Village1BR1BR,1BA$1,047
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$1,049

Best Value Apartments for Rent in Wilmington, NC

As of May 05, 2026 the best value apartment in the Wilmington area is the $1.23 price per square foot The McKinley Model at Overlook at Jackeys Creek in the starting from $1,924. The second greatest value Wilmington apartment is the The Beacon Model at Hawthorne at Leland starting at $1,542 with a $1.18 price per square foot . 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.
Overlook at Jackeys CreekThe McKinley3BR,2BA$1.23
Hawthorne at LelandThe Beacon3BR,2BA$1.18
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.80
The Nest at 49553x33BR,3BA$0.79
Chateau Terrace2 Bedroom 1 Bath2BR,1BA$1.17
Deerbrook ApartmentsRenovated Bennett2BR,2BA$1.25
Canterbury Woods2 Bedroom Garden2BR,2BA$1.31
Seahawk Cove3x3 Deluxe3BR,3BA$0.80
34 North Apartments2X1 CLASSIC2BR,1BA$1.21
Villas at Echo EastA2- 1 bedroom1BR,1BA$1.22

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

Read Article
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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 Article
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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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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.

Read Article
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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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Frequently Asked Questions about Wilmington

What type of rentals are currently available in Wilmington?

There are currently 428 Apartments for Rent in Wilmington, NC with pricing that ranges from $765 to $6,150. There are also 214 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $850 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 $850 to $5,000 with an average monthly rent of $2,420.

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 $765 to $6,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $5,000. 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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.