
Cheap Apartments for Rent in the Masonboro Neighborhood of Wilmington, NC from $1,200 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Masonboro area of Wilmington.


Hawthorne at Oleander
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Comet Scotts Hill

The Woods at Holly Tree
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Wrightsville Marian Pier Houses
Masonboro, Wilmington, NC Local Guide

How much does it cost to rent an apartment in Masonboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Masonboro 1 Bedroom Apartments | $1,750 | $1,200 | $2,064 |
| Masonboro 2 Bedroom Apartments | $2,014 | $1,695 | $2,294 |
| Masonboro 3 Bedroom Apartments | $2,623 | $2,623 | $2,623 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Masonboro Neighborhood of Wilmington, NC.
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Cheapest Available Masonboro Apartments for Rent
 The cheapest available apartment rental in the Masonboro area of Wilmington, NC is a 1 Bed unit found at Comet Scotts Hill priced from $1,460. The Range On Oleander has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,653. Here are the most affordable Masonboro apartments for rent in Wilmington, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Comet Scotts Hill | Holly | 1BR,1BA | $1,460 |
| The Range On Oleander | A5 | 1BR,1BA | $1,653 |
| Hawthorne at Oleander | The Arlie | 1BR,1BA | $1,737 |
Best Value Apartments for Rent in Masonboro, NC
As of September 13, 2026 the best value apartment in the Masonboro area is the $2.09 price per square foot The Arlie Model at Hawthorne at Oleander in the in the College Acres neighborhood starting from $1,737. The second greatest value Masonboro apartment is the A5 Model at The Range On Oleander starting at $1,653 with a $2.08 price per square foot in the Pine Valley East neighborhood. Here is today’s list of the best values for Masonboro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hawthorne at Oleander | The Arlie | 1BR,1BA | $2.09 |
| The Range On Oleander | A5 | 1BR,1BA | $2.08 |
| Comet Scotts Hill | Holly | 1BR,1BA | $2.12 |
Frequently Asked Questions about Cheap Masonboro Apartments
What is the price of a cheap apartment in Masonboro?
The cheapest apartment in Masonboro is Comet Scotts Hill which is listed at $1,460, while the average apartment in Masonboro costs $2,014.
What types of apartments are the cheapest in Masonboro?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Masonboro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.