Cheap Homes for Rent in Wilmington, NC from $700 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 149 Lullwater Dr

$995

1 Bedroom, 1.5 Bath Condo for Rent

Available Now

149 Lullwater Dr

WilmingtonNC28403
property at 219 S 7th St

$1,050

2 Bedroom, 1 Bath Townhome for Rent

Available Now

219 S 7th 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.

Read Article
property at 610 S Kerr Ave

$1,295 - $1,900

2 Bedroom Rentals

Available Now

610 S Kerr 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.

Read Article

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.

Read Article

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.

Read Article

Navigating 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 Article
Showing Results 1-44, Page 1 of 1

Wilmington, NC Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, NC

Pricing Updated: 01/28/2026

Current apartment rentals in the Wilmington, NC area range in price from $699 to $6,050 with an overall median price of $2,367. The three Wilmington neighborhoods with the lowest median rent pricing are UNC Wilmington at $699, Creekwood at $699, and Windemere at $699. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Wilmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
UNC Wilmington$1,595$699298
Creekwood$1,697$699191
Windemere$1,741$699300
College Acres$1,747$699242
Murraysville$1,752$1,118177
Kings Grant$1,799$925141
Lincoln Forest$1,838$699334
Covil Estates$1,848$765208
Hightsville$1,850$995102
Cape Fear Country Club$1,851$819244

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. Veterans Park in the The Cape Cypress Island neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $859. 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
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$859
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$908
Villas at Echo EastA2- 1 bedroom1BR,1BA$910
Lofts of WilmingtonA1R - Dogwood1BR,1BA$925
Elevation SouthDerby A (Elevation II)4BR,4BA$949
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$975
Wilmington Commons ApartmentsA11BR,1BA$975
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$982
The CreekIVYStudio,1BA$985

Best Value Apartments for Rent in Wilmington, NC

As of January 28, 2026 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 114 S 5th Ave Model at 114 S 5th Ave, Unit UP starting at $2,150 with a $1.19 price per square foot in the South Side 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
114 S 5th Ave, Unit UP114 S 5th Ave3BR,1BA$1.19
Sand RidgeTuberose3BR,2BA$1.23
North Chase ApartmentsThe Pavillion3BR,2.5BA$1.13
Glenmeade VillageMagnolia3BR,2BA$1.28
Egret Pointe Apartment HomesThe Pinelandcress2BR,2BA$0.80
The Nest at 49553x33BR,3BA$0.63
Ethos 6222BR/2.0BA2BR,2BA$1.24
Bonnet Ct2 Bedoom 2 Bathoom2BR,2BA$1.06
Seahawk Cove3x3 Deluxe3BR,3BA$0.73

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
Decorative image

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.

Read Article
Decorative image

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
Decorative image

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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

Explore Wilmington, NC Rentals by Map

Decorative image of map

See the most popular apartments and homes in Wilmington, NC

View Map
Wilmington, NC Apartments Map
View Map
Wilmington, NC Rental Homes Map

Frequently Asked Questions about Wilmington

What type of rentals are currently available in Wilmington?

There are currently 432 Apartments for Rent in Wilmington, NC with pricing that ranges from $699 to $6,050. There are also 312 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wilmington ranging from $750 to $8,900.

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 $750 to $8,900 with an average monthly rent of $2,241.

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 $699 to $6,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $8,900. Four Bedroom Single-Family rentals are also available starting from $1,700 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 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

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.