
Cheap Homes for Rent in the Silver Lake Neighborhood of Wilmington, NC from $1,400 (3 Rentals)
Search the lowest-cost Homes 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.

4804 College Rd
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.

4519 Exuma 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 | $1,566 | $1,400 | $1,700 |
| Silver Lake 3 Bedroom Homes for Rent | $1,901 | $1,550 | $2,150 |
| Silver Lake 4 Bedroom Homes for Rent | $2,800 | $2,400 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Silver Lake Neighborhood of Wilmington, NC.
Explore Wilmington
Best Value Apartments for Rent in Silver Lake, NC
As of September 05, 2026 the best value apartment in the Silver Lake area is the $1.46 price per square foot C2B Model at Riverwood in the in the Shipyard Plaza neighborhood starting from $2,678. The second greatest value Silver Lake apartment is the Catawba Exterior Model at Townes at Park Place starting at $1,949 with a $1.29 price per square foot in the Pine Valley East 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. |
|---|---|---|---|
| Riverwood | C2B | 3BR,3.5BA | $1.46 |
| Townes at Park Place | Catawba Exterior | 3BR,2.5BA | $1.29 |
| Ansley Park | 3A | 3BR,2BA | $1.51 |
| Still Meadow Village | THE PROMENADE | 3BR,2BA | $1.41 |
| Belle Meade | The Prentice | 2BR,2BA | $1.38 |
| Townes at Prior | B1 | 2BR,1.5BA | $1.51 |
| Willow Glen | Bradley | 2BR,2BA | $1.43 |
| Crosswinds | 22R | 2BR,2BA | $1.67 |
| Antiqua Apartments | Burke | 2BR,2BA | $1.58 |
| St. Andrews Reserve | A1 | 1BR,1BA | $1.59 |
Frequently Asked Questions about Silver Lake
What type of rentals are currently available in Silver Lake?
There are currently 40 Apartments for Rent in Silver Lake, NC with pricing that ranges from $1,085 to $6,050. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $1,400 to $3,200.
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 $1,400 to $3,200 with an average monthly rent of $1,971.
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 $1,559 to $6,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,150. Four Bedroom Single-Family rentals are also available starting from $2,400 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.