Cheap Apartments for Rent in the Silver Lake Neighborhood of Wilmington, NC from $800 (29 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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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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Element Barclay Station
Rent Specials
$1,545 - $2,818
Total Monthly Price

Total Monthly Price

Base Rent
$1,545 - $2,818
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Element Barclay Station

1841 Dusty Miller LnWilmington, NC 28412
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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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St. Andrews Reserve
1 to 3 Bedroom Apartments

St. Andrews Reserve

814 St. Andrews DrWilmington, NC 28412

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-29, 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. Tesla Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,106. Here are the most affordable Silver Lake apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
Crosswinds111BR,1BA$1,075
Tesla ParkArlington1BR,1BA$1,106
Antiqua ApartmentsBurke2BR,2BA$1,207
St. Andrews ReserveA31BR,1BA$1,224
Meridian at Fairfield ParkA1B1BR,1BA$1,250
Townes at PriorA11BR,1BA$1,274
Braxton PlaceBurke2BR,2BA$1,290
Belle MeadeThe Ansley1BR,1BA$1,325
Willow GlenBradley2BR,2BA$1,345
The Cottages at Riverlights1 Bed Olive Twin1BR,1BA$1,350

Best Value Apartments for Rent in Silver Lake, NC

As of April 22, 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 The Roanoke Model at Hawthorne at Indy West starting at $1,867 with a $1.38 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
Hawthorne at Indy WestThe Roanoke2BR,2BA$1.38
Hawthorne at the PointeThe Carolina2BR,2.5BA$1.41
Still Meadow VillageTHE PROMENADE3BR,2BA$1.47
Element Barclay StationB2-12BR,2BA$1.58
Townes at PriorB1 Platinum2BR,1.5BA$1.65
Willow GlenBradley2BR,2BA$1.43
Belle MeadeThe Ansley1BR,1BA$1.53
Ansley Park1D1BR,1BA$1.68
Antiqua ApartmentsBurke2BR,2BA$1.60

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 $1,195 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 Willow Glen and starts from $1,492.

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 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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.