Cheap Apartments for Rent in the UNC Wilmington Neighborhood of Wilmington, NC from $625 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the UNC Wilmington area of Wilmington.

property at 4920 Seabrook Ct

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

4920 Seabrook Ct

WilmingtonNC28403
property at 149 Lullwater Dr

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1.5 Bath Condo for Rent

Available Now

149 Lullwater Dr

WilmingtonNC28403

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.

property at 4752 Seahawk Ct

$1,200 - $1,350

1 Bedroom Rentals

Available Now

4752 Seahawk Ct

WilmingtonNC28403

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.

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The Willow
Rent Specials
$1,360 - $3,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $3,425

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Willow

414 Mill Creek CtWilmington, NC 28403
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Clear Run
Rent Specials
$1,480 - $4,041
Total Monthly Price

Total Monthly Price

Base Rent
$1,480 - $4,041

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Clear Run

5300 New Centre DrWilmington, NC 28403
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 4141 Spirea Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 2 Bath Condo for Rent

Available Sep 15

4141 Spirea Dr, Unit A

4141 Spirea Dr
WilmingtonNC28403

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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
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908 Bonham Ave
1 Bedroom Apartments

908 Bonham Ave

908 Bonham AveWilmington, NC 28403
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Lofts of Wilmington
1 to 2 Bedroom Apartments

Lofts of Wilmington

5208 Ringo DrWilmington, NC 28405
Student Housing

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.

property at 522 S Kerr Ave

$1,150 - $1,195

2 Bedroom Rentals

Available Now

522 S Kerr Ave

WilmingtonNC28403
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Vineyard Pointe
1 to 3 Bedroom Apartments

Vineyard Pointe

4917 Vineyard LnWilmington, NC 28403
  • Utilities Included
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Cardinal Court
2 Bedroom Apartments

Cardinal Court

4801 Kubeck CtWilmington, NC 28403
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107 Lullwater Dr
Studio to 2 Bedroom Apartments

107 Lullwater Dr

107 Lullwater DrWilmington, NC 28403

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.

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 Studio unit found at 34 North Apartments priced from $875. Elevation Student Living has the second lowest priced unit, which is a 4 Beds apartment currently listed from $939. Here are the most affordable UNC Wilmington apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
34 North ApartmentsSTUDIO RENOVATEDStudio,1BA$875
Elevation Student LivingDerby (Elevation II)4BR,4BA$939
Elevation SouthDerby A (Elevation II)4BR,4BA$949
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$1,050
Wilmington Commons ApartmentsA11BR,1BA$1,050
Lofts of WilmingtonA1R - Dogwood1BR,1BA$1,125
Cypress Pointe Apartment HomesA - The Kure1BR,1BA$1,175
The Reserve at Forest HillsForest Hills - Chianti1BR,1BA$1,200
Bonnet Ct2 Bedoom 2 Bathoom2BR,2BA$1,259
107 Lullwater Dr2 Beds, 2 Baths2BR,2BA$1,300

Best Value Apartments for Rent in UNC Wilmington, NC

As of August 31, 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 The Sanctuary Classic Model at The Coastal starting at $1,919 with a $1.30 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 CoastalThe Sanctuary Classic3BR,3BA$1.30
5004 Hunters Trail, Unit 145004 Hunters Trail2BR,2BA$1.38
The Nest at 49553x33BR,3BA$0.75
321 Lennon Dr, Unit 321 Lennon drive321 Lennon Dr2BR,1.5BA$1.59
Bonnet Ct2 Bedoom 2 Bathoom2BR,2BA$1.26
Harper Landing ApartmentsHaven Renovated2BR,2BA$1.53
Elevation Student LivingBurton (Enclave)2BR,2BA$1.00
107 Lullwater Dr2 Beds, 2 Baths2BR,2BA$1.43
The Reserve at Forest HillsForest Hills - Chianti1BR,1BA$1.41

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

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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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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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 $1,300.

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

The cheapest apartment in UNC Wilmington is 34 North Apartments which is listed at $950, while the average apartment in UNC Wilmington costs $1,559.

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 29 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 $514 which is $1,045 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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.