Cheap Apartments for Rent in the Silver Lake Neighborhood of Wilmington, NC from $800 (32 Rentals)

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

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.

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Riverwood
Rent Specials
$1,374 - $2,784
Total Monthly Price

Total Monthly Price

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

Riverwood

3510 Corder DrWilmington, NC 28412
Affordability
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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.

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property at 4212 Winding Branches Dr

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

3 Bedroom, 2 Bath Townhome for Rent

Available Now

4212 Winding Branches Dr

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.

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St. Andrews Reserve
1 to 3 Bedroom Apartments

St. Andrews Reserve

814 St. Andrews DrWilmington, NC 28412

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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Showing Results 1-32, 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 Studio unit found at Antiqua Apartments priced from $1,118. Crosswinds has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,145. Here are the most affordable Silver Lake apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
Antiqua ApartmentsArdenStudio,1BA$1,118
Crosswinds222BR,2BA$1,145
Willow GlenBradley2BR,2BA$1,361
The Keys at 17th StreetDuval2BR,2BA$1,451
Still Meadow VillageTHE BROOKSHIRE2BR,2BA$1,455
Proximity WatermarkS1AStudio,1BA$1,495
Hawthorne at the PointeThe Topsail1BR,1BA$1,536
Element Barclay StationA2-11BR,1BA$1,559
Argento at Riverlights ApartmentsA31BR,1BA$1,570
St. Andrews ReserveC23BR,2BA$1,696

Best Value Apartments for Rent in Silver Lake, NC

As of July 28, 2026 the best value apartment in the Silver Lake area is the $1.29 price per square foot Catawba Exterior Model at Townes at Park Place in the in the Pine Valley East neighborhood starting from $1,949. The second greatest value Silver Lake apartment is the C2 Model at St. Andrews Reserve starting at $1,696 with a $1.12 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$1.29
St. Andrews ReserveC23BR,2BA$1.12
Ansley Park3C3BR,2BA$1.41
RiverwoodC2A3BR,2.5BA$1.48
Belle MeadeThe Seneca3BR,2BA$1.36
Townes at PriorC13BR,2BA$1.38
Still Meadow VillageTHE PROMENADE3BR,2BA$1.41
The Keys at 17th StreetDuval2BR,2BA$1.40
Willow GlenBradley2BR,2BA$1.45
Crosswinds212BR,1BA$1.43

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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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 Antiqua Apartments listed at $1,118.

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

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $1,536 at Hawthorne at the Pointe.

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 $1,517.

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.