Cheap Homes for Rent in Silver Lake Neighborhood of Wilmington, NC from $1,400 (5 Rentals)

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Search the lowest-cost Homes 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.

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.

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
St. Andrews ReserveA11BR,1BA$1,206

Best Value Apartments for Rent in Silver Lake, NC

As of April 15, 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 Carolina Model at Hawthorne at the Pointe starting at $1,863 with a $1.44 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 the PointeThe Carolina2BR,2.5BA$1.44
Argento at Riverlights ApartmentsB4.1 with Garage2BR,2BA$1.68
Still Meadow VillageTHE PROMENADE3BR,2BA$1.47
Element Barclay StationB3-12BR,2BA$1.63
Hawthorne at Indy WestThe Masonboro2BR,2BA$1.50
Townes at PriorB1 Platinum2BR,2BA$1.65
Belle MeadeThe Ansley1BR,1BA$1.53
Antiqua ApartmentsBurke2BR,2BA$1.60
Tesla ParkArlington1BR,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 $1,075 to $6,150. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $1,450 to $3,000.

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 $3,000 with an average monthly rent of $2,134.

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 $1,492 to $6,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,749 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,800 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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.