Cheap Apartments for Rent in the Shipyard Plaza Neighborhood of Wilmington, NC from $700 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Shipyard Plaza area of Wilmington.

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.

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Glenmeade Village
$1,294 - $1,619
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$1,294 - $1,619
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1 to 3 Bedroom Apartments Available Now

Glenmeade Village

1518 Village DrWilmington, NC 28401
Senior Living
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Canterbury Woods
$1,365 - $1,685
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$1,365 - $1,685
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Canterbury Woods

2320 Canterwood DrWilmington, NC 28401
Outdoors
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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.

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Riverwood
Rent Specials
$1,374 - $2,784
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$1,374 - $2,784
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Riverwood

3510 Corder DrWilmington, NC 28412
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Element Barclay
Rent Specials
$1,493 - $2,451
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$1,493 - $2,451
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1 to 3 Bedroom Apartments Available Now

Element Barclay

1605 Barclay Point BlvdWilmington, NC 28412
Corporate Housing
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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.

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Harbour Ridge
1 to 3 Bedroom Apartments

Harbour Ridge

1436 Harbour DrWilmington, NC 28401
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St. Andrews Reserve
1 to 3 Bedroom Apartments

St. Andrews Reserve

814 St. Andrews DrWilmington, NC 28412
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Bellingham Park
Studio to 3 Bedroom Apartments

Bellingham Park

1522 Cadfel CtWilmington, NC 28412

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.

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Showing Results 1-33, Page 1 of 1

Shipyard Plaza, Wilmington, NC Local Guide

Cheapest Available Shipyard Plaza Apartments for Rent

 

The cheapest available apartment rental in the Shipyard Plaza area of Wilmington, NC is a 1 Bed unit found at Starway Village priced from $1,047. Crosswinds has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Shipyard Plaza apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
Starway Village1BR1BR,1BA$1,047
Crosswinds111BR,1BA$1,125
St. Andrews ReserveA11BR,1BA$1,174
Antiqua ApartmentsBurke2BR,2BA$1,184
Shipyard at WilmingtonThe Tide1BR,1BA$1,196
Cypress Grove ApartmentsTwo Bed x One and a Half Bath Renovated2BR,1BA$1,199
Sand RidgeAzalea2BR,1BA$1,207
Braxton PlaceAirlie1BR,1BA$1,283
Glenmeade VillageAzalea1BR,1BA$1,294
New Hanover Village Apartments2 Bedroom - Garden2BR,1BA$1,300

Best Value Apartments for Rent in Shipyard Plaza, NC

As of June 01, 2026 the best value apartment in the Shipyard Plaza area is the $1.40 price per square foot C2A Model at Riverwood in the in the Shipyard Plaza neighborhood starting from $2,053. The second greatest value Shipyard Plaza apartment is the The Carolina Model at Hawthorne at the Pointe starting at $1,853 with a $1.43 price per square foot in the Shipyard Plaza neighborhood. Here is today’s list of the best values for Shipyard Plaza apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
RiverwoodC2A3BR,2.5BA$1.40
Hawthorne at the PointeThe Carolina2BR,2.5BA$1.43
One Midtown Apartment HomesB32BR,2BA$1.46
Canterbury Woods3 Bedroom Garden3BR,2BA$1.34
Belle MeadeThe Sherwood2BR,2BA$1.47
Cypress Grove ApartmentsTwo Bed x One and a Half Bath Renovated2BR,1.5BA$1.18
Sand RidgeMagnolia2BR,2BA$1.50
Shipyard at WilmingtonThe Tide1BR,1BA$1.28
New Hanover Village Apartments2 Bedroom - Garden2BR,1BA$1.44
Starway Village1BR1BR,1BA$1.34

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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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
Shipyard Plaza, Wilmington, NC

Ranked #4

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Southwestern Wilmington, NC. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, places that make kids happy, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Shipyard Plaza Apartments

What is a cheap apartment in Shipyard Plaza?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Shipyard Plaza is under $1,300.

What is the price of a cheap apartment in Shipyard Plaza?

The cheapest apartment in Shipyard Plaza is Starway Village which is listed at $1,047, while the average apartment in Shipyard Plaza costs $2,125.

What types of apartments are the cheapest in Shipyard Plaza?

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 18 regular apartments in Shipyard Plaza 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 Shipyard Plaza?

Cheap apartments in Shipyard Plaza have an average cost of $114 which is $2,011 cheaper than the average rent for all rentals in Shipyard Plaza.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.