
Cheap Homes for Rent in Silver Lake Neighborhood of Wilmington, NC from $1,400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Silver Lake area of Wilmington.


248 Hibiscus Way

3799 Merestone Dr

4804 College Rd
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.

4416 Jay Bird Cir

4146 Breezewood Dr

4156 Breezewood Dr

4162 Breezewood Dr
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.

4643 Andros Ln
Silver Lake, Wilmington, NC Local Guide

How much does it cost to rent a home in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake 2 Bedroom Homes for Rent | $1,542 | $1,450 | $1,650 |
| Silver Lake 3 Bedroom Homes for Rent | $2,141 | $1,525 | $3,000 |
| Silver Lake 4 Bedroom Homes for Rent | $2,995 | $2,600 | $3,390 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Silver Lake Neighborhood of Wilmington, NC.
Explore Wilmington
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 St. Andrews Reserve priced from $1,065. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| St. Andrews Reserve | A3 | 1BR,1BA | $1,065 |
| Tesla Park | Arlington | 1BR,1BA | $1,106 |
| Willow Glen | Arlington | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Silver Lake, NC
As of February 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 C2A Model at Riverwood Apartments & Townhomes starting at $2,189 with a $1.49 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townes at Park Place | Catawba Exterior | 3BR,2.5BA | $1.32 |
| Riverwood Apartments & Townhomes | C2A | 3BR,2.5BA | $1.49 |
| Townes at Prior | B1 Platinum + Den | 2BR,2BA | $1.81 |
| Belle Meade | The Sherwood | 2BR,2BA | $1.47 |
| Hawthorne at the Pointe | The Topsail | 1BR,1.5BA | $1.52 |
| Still Meadow Village | THE DUNNMORE | 1BR,1BA | $1.47 |
| The Keys at 17th Street | Caroline Premium Granite/Plank | 1BR,1BA | $1.72 |
| Antiqua Apartments | Burke | 2BR,2BA | $1.60 |
| Ansley Park | 1C | 1BR,1BA | $1.77 |
| Tesla Park | Arlington | 1BR,1BA | $1.74 |
Frequently Asked Questions about Silver Lake
What type of rentals are currently available in Silver Lake?
There are currently 38 Apartments for Rent in Silver Lake, NC with pricing that ranges from $988 to $6,050. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $1,450 to $3,390.
What is the current price range for Rental Homes in Silver Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Lake ranges from $1,450 to $3,390 with an average monthly rent of $2,226.
How much are larger Three and Four Bedroom Rentals in Silver Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Silver Lake range from $1,550 to $6,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,186.
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

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.

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.

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.

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.