Cheap Apartments for Rent in the Silver Lake Neighborhood of Wilmington, NC from $800 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Silver Lake 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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Riverwood
$1,374 - $2,784
Total Monthly Price

Total Monthly Price

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$1,374 - $2,784
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Riverwood

3510 Corder DrWilmington, NC 28412
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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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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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St. Andrews Reserve
1 to 3 Bedroom Apartments

St. Andrews Reserve

814 St. Andrews DrWilmington, 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 1-28, Page 1 of 1

Silver Lake, Wilmington, NC Local Guide

Cheapest Available Silver Lake Apartments for Rent

 

The cheapest available apartment rental in the Silver Lake area of Wilmington, NC is a 1 Bed unit found at Crosswinds priced from $1,075. St. Andrews Reserve has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,166. Here are the most affordable Silver Lake apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
Crosswinds111BR,1BA$1,075
St. Andrews ReserveA11BR,1BA$1,166
Antiqua ApartmentsBurke2BR,2BA$1,181
Tesla ParkArlington1BR,1BA$1,199
Willow GlenArlington1BR,1BA$1,233
The Keys at 17th StreetCaroline Premium Granite1BR,1BA$1,292
Oasis at RiverlightsThe Shoal1BR,1BA$1,362
Still Meadow VillageTHE BUTTONWOOD2BR,2BA$1,425
Hawthorne at Indy WestThe Hatteras1BR,1BA$1,465
Proximity WatermarkS1AStudio,1BA$1,495

Best Value Apartments for Rent in Silver Lake, NC

As of June 07, 2026 the best value apartment in the Silver Lake area is the $1.32 price per square foot Catawba Exterior Model at Townes at Park Place in the in the Pine Valley East neighborhood starting from $1,999. The second greatest value Silver Lake apartment is the C2A Model at Riverwood starting at $2,053 with a $1.40 price per square foot in the Shipyard Plaza neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Park PlaceCatawba Exterior3BR,2.5BA$1.32
RiverwoodC2A3BR,2.5BA$1.40
Element Barclay StationB4-12BR,2BA$1.35
Hawthorne at the PointeThe Carolina2BR,2.5BA$1.43
Ansley Park2B2BR,2BA$1.37
Still Meadow VillageTHE PROMENADE3BR,2BA$1.41
Townes at PriorB1 Platinum2BR,1.5BA$1.67
Belle MeadeThe Sherwood2BR,2BA$1.47
The Keys at 17th StreetCaroline Premium Granite1BR,1BA$1.65
Antiqua ApartmentsBurke2BR,2BA$1.56

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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Wilmington. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Silver Lake Apartments

What is the Cheapest Studio apartment in Silver Lake?

Currently the most affordable Cheap Studio Apartment in Silver Lake is at Proximity Watermark listed at $1,495.

How much is rent for a Cheap One Bedroom Silver Lake Apartment?

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $1,075 at Crosswinds.

What is the lowest price for a Cheap Two Bedroom Silver Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Silver Lake is starting from $1,145 at Crosswinds.

What is the most affordable Silver Lake Three Bedroom Apartment?

The best deal on a cheap Silver Lake Three Bedroom Apartment rental is at Crosswinds and starts from $1,575.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.