Cheap Homes for Rent in Wilmington, NC from $900 (37 Rentals)

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

property at 4920 Seabrook Ct

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

4920 Seabrook Ct

WilmingtonNC28403
property at 705 Ann St

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 1 Bath Townhome for Rent

Available Now

705 Ann St

WilmingtonNC28401
property at 522 S Kerr Ave

$1,195

2 Bedroom Rentals

Available Aug 21

522 S Kerr Ave

WilmingtonNC28403

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.

property at 5630 Lucas Ct

$1,325 - $1,400

2 Bedroom Rentals

Available Now

5630 Lucas Ct

LelandNC28451

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.

property at 1933 Moss St

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

1 Bedroom, 1 Bath Home for Rent

Available Aug 15

1933 Moss St

WilmingtonNC28403
property at 2732 S 17th St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

3 Bedroom, 2 Bath Condo for Rent

Available Now

2732 S 17th St, Unit D

2732 S 17th St
WilmingtonNC28412

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.

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.

Wilmington, NC Local Guide

Cheapest Neighborhoods for Apartments in Wilmington, NC

Pricing Updated: 08/12/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
RiverMist$1,075$1,0751
Creekwood$1,455$71594
Inlet Point Harbor$1,500$1,15940
Myrtle Grove$1,500$1,15948
River Pointe Masonboro Commons$1,500$1,15933
Sea Breeze$1,500$1,15940
The Cape Cypress Island$1,500$1,15940
Lincoln Forest$1,518$715219
UNC Wilmington$1,523$715140
Cape Fear Country Club$1,543$849177

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 ListingModel NameBed/BathPriced From
Elevation Student LivingCordova (Enclave)3BR,2BA$849
Elevation SouthDerby A (Elevation II)4BR,4BA$949
Hanover Landing Apartments1 BD W/D1BR,1BA$985
Veterans Park1 Bedoom 1.5 Bathoom1BR,1BA$996
The Pines of Wilmington ApartmentsOne Bedroom - Upgraded1BR,1BA$1,025
Villas at Echo EastA2601BR,1BA$1,047
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$1,050
Wilmington Commons ApartmentsA11BR,1BA$1,050
The Preserve at Pine ValleyAzalea- 11AZ1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Elevation SouthDerby A (Elevation II)4BR,4BA$0.61
Townes at Park PlaceCatawba Exterior3BR,2.5BA$1.29
The CoastalThe Sanctuary Classic3BR,3BA$1.30
The Reserve at Forest HillsForest Hills - Chardonnay3BR,3BA$1.12
Chateau Terrace2 Bedroom 1.5 Bath2BR,1.5BA$1.14
Deerbrook ApartmentsClassic Bennett2BR,2BA$1.19
Bonnet Ct2 Bedoom 2 Bathoom2BR,2BA$1.26
Seahawk Cove3x3 Deluxe3BR,3BA$0.75
Elevation Student LivingBurton (Enclave)2BR,2BA$1.00
Shipyard at WilmingtonThe Tide1BR,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.

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Real 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.

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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 #7

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!

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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

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.