
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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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.

Comet Scotts Hill
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.
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 | $1,550 | $1,210 | $1,777 |
| Masonboro 2 Bedroom Apartments | $1,851 | $1,450 | $2,066 |
| Masonboro 3 Bedroom Apartments | $1,950 | $1,875 | $2,114 |
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.
See all Apartments in WilmingtonExplore Wilmington
Masonboro, Wilmington, NC Local Guide
- Nearby Wilmington neighborhoods
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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 $1,300. Hawthorne at Oleander has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here are the most affordable Masonboro apartments for rent in Wilmington, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Comet Scotts Hill | Silver Bell | 1BR,1BA | $1,300 |
| Hawthorne at Oleander | The Arlie | 1BR,1BA | $1,399 |
| The Range On Oleander | A6 | 1BR,1BA | $1,545 |
Best Value Apartments for Rent in Masonboro, NC
As of December 17, 2025 the best value apartment in the Masonboro area is the $1.69 price per square foot The Arlie Model at Hawthorne at Oleander in the in the College Acres neighborhood starting from $1,399. The second greatest value Masonboro apartment is the A4 Model at The Range On Oleander starting at $1,599 with a $2.07 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 | $1.69 |
| The Range On Oleander | A4 | 1BR,1BA | $2.07 |
| Comet Scotts Hill | Silver Bell | 1BR,1BA | $1.80 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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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 LifestyleMasonboro, Wilmington, NC
Ranked #26
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Masonboro Neighborhood in Wilmington, NC
Walk Score®
45 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
16 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,300, while the average apartment in Masonboro costs $1,906.
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 9 regular apartments in Masonboro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Masonboro?
Cheap apartments in Masonboro have an average cost of $961 which is $945 cheaper than the average rent for all rentals in Masonboro.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

