Cheap Apartments for Rent in the UNC Wilmington Neighborhood of Wilmington, NC from $600 (77 Rentals)

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Search the lowest-cost Apartments available for rent right now in the UNC Wilmington 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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Clear Run
$1,335 - $2,335
Total Monthly Price

Total Monthly Price

Base Rent
$1,335 - $2,335
Total Monthly Price
$1,335 - $2,335
1 to 3 Bedroom Apartments Available Now

Clear Run

5300 New Centre DrWilmington, NC 28403
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Willow
$1,363 - $2,204
Total Monthly Price

Total Monthly Price

Base Rent
$1,363 - $2,204
Total Monthly Price
$1,363 - $2,204
1 to 3 Bedroom Apartments Available Now

The Willow

414 Mill Creek CtWilmington, NC 28403
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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property at 506 Cobblestone Dr

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

2 Bedroom, 2 Bath Townhome for Rent

Available Jun 1

506 Cobblestone Dr

WilmingtonNC28405

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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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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Quail Forest Apartments
1 to 3 Bedroom Apartments

Quail Forest Apartments

608 Montclair DrWilmington, NC 28403
  • Utilities Included
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River City Studio Homes
Studio Apartments

River City Studio Homes

5040 Market StWilmington, NC 28405
Corporate Housing
  • Utilities Included

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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UNC Wilmington, Wilmington, NC Local Guide

Cheapest Available UNC Wilmington Apartments for Rent

 

The cheapest available apartment rental in the UNC Wilmington area of Wilmington, NC is a 4 Beds unit found at Elevation Student Living priced from $949. Elevation South has the second lowest priced unit, which is a 4 Beds apartment currently listed from $949. Here are the most affordable UNC Wilmington apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
Elevation Student LivingDerby A (Elevation II)4BR,4BA$949
Elevation SouthDerby A (Elevation II)4BR,4BA$949
Hanover Landing Apartments1 BD W/D1BR,1BA$999
Hawthorne at New Centre1 Bed 1 and Half Bath Classic1BR,1BA$1,045
Wilmington Commons ApartmentsA11BR,1BA$1,050
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$1,050
Bonnet CtSTUDIO1BR,1BA$1,099
908 Bonham Ave1/11BR,1BA$1,100
Lofts of WilmingtonA1R - Dogwood1BR,1BA$1,125
Hawthorne Commons1x1 Loft - Refreshed1BR,1BA$1,161

Best Value Apartments for Rent in UNC Wilmington, NC

As of May 22, 2026 the best value apartment in the UNC Wilmington area is the $0.61 price per square foot Derby A (Elevation II) Model at Elevation South in the in the Lincoln Forest neighborhood starting from $949. The second greatest value UNC Wilmington apartment is the 3x3 Model at The Nest at 4955 starting at $915 with a $0.79 price per square foot in the Windemere neighborhood. Here is today’s list of the best values for UNC Wilmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Elevation SouthDerby A (Elevation II)4BR,4BA$0.61
The Nest at 49553x33BR,3BA$0.79
Ethos Apartments | New Construction2BR/2.0BA2BR,2BA$1.58
Elevation Student LivingBrighton (Elevation)2BR,2BA$1.00
Seahawk Cove3x3 Deluxe3BR,3BA$0.80
The CoastalThe Haven Classic2BR,2BA$1.56
Comet Scotts HillLive Oak2BR,2BA$1.43
34 North Apartments2X1 CLASSIC2BR,1BA$1.21
Abbotts RunCarolina-Granite2BR,2BA$1.54
Hanover Landing Apartments1BD Renovated1BR,1BA$1.53

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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Unc Wilmington, Wilmington, NC

Ranked #6

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Unc Wilmington, Wilmington, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across North Carolina, including Wilmington. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap UNC Wilmington Apartments

What is a cheap apartment in UNC Wilmington?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in UNC Wilmington is under $1,161.

What is the price of a cheap apartment in UNC Wilmington?

The cheapest apartment in UNC Wilmington is Hanover Landing Apartments which is listed at $999, while the average apartment in UNC Wilmington costs $1,752.

What types of apartments are the cheapest in UNC Wilmington?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 46 regular apartments in UNC Wilmington that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in UNC Wilmington?

Cheap apartments in UNC Wilmington have an average cost of $548 which is $1,204 cheaper than the average rent for all rentals in UNC Wilmington.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.