Cheap Apartments for Rent in the UNC Wilmington Neighborhood of Wilmington, NC from $600 (81 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
Rent Specials
$1,244 - $2,130
Total Monthly Price

Total Monthly Price

Base Rent
$1,244 - $2,130
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Clear Run

5300 New Centre DrWilmington, NC 28403
Corporate Housing
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  • 3D Tour
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The Willow
Rent Specials
$1,270 - $2,375
Total Monthly Price

Total Monthly Price

Base Rent
$1,270 - $2,375
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

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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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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property at 959 Downey Branch Ln

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

959 Downey Branch Ln

WilmingtonNC28403

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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property at 719 Melba Ct

$1,700 - $1,750

3 Bedroom Rentals

Available Now

719 Melba Ct

WilmingtonNC28405

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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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 $939. Hanover Landing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here are the most affordable UNC Wilmington apartments for rent in Wilmington, NC:

Apartment ListingModel NameBed/BathPriced From
Elevation Student LivingDerby (Elevation II)4BR,4BA$939
Hanover Landing Apartments1 BD W/D1BR,1BA$985
Wilmington Commons ApartmentsA11BR,1BA$1,050
Harbor Station Townhomes1x1 Garden Standard - Call For Availability1BR,1BA$1,050
Abbotts RunWrightsville-Granite1BR,1BA$1,080
Bonnet CtSTUDIO1BR,1BA$1,096
Lofts of WilmingtonA1P - Dogwood1BR,1BA$1,100
Avalon of WilmingtonThe Aspen1BR,1BA$1,255
Clear RunCameron A1BR31BR,1BA$1,294
Midtown FlatsA1BR,1BA$1,300

Best Value Apartments for Rent in UNC Wilmington, NC

As of July 15, 2026 the best value apartment in the UNC Wilmington area is the $0.61 price per square foot Derby (Elevation II) Model at Elevation South in the in the Lincoln Forest neighborhood starting from $939. The second greatest value UNC Wilmington apartment is the Forest Hills - Chardonnay Model at The Reserve at Forest Hills starting at $1,658 with a $1.15 price per square foot in the Creekwood 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 (Elevation II)4BR,4BA$0.61
The Reserve at Forest HillsForest Hills - Chardonnay3BR,3BA$1.15
Harper Landing ApartmentsRetreat Renovated3BR,3BA$1.48
The WillowPritchell Renovated B2CR22BR,2BA$1.62
The CoastalThe Haven Classic2BR,2BA$1.56
Seahawk Cove3x3 Deluxe3BR,3BA$0.75
Hawthorne at New Centre2 Bed 2 Bath Refreshed2BR,2BA$1.51
Elevation Student LivingBurton (Enclave)2BR,2BA$1.00
Hanover Landing Apartments2BD W/D reno2BR,1BA$1.51
Bonnet CtSTUDIO1BR,1BA$1.69

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 #5

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 $1,300.

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 $985, while the average apartment in UNC Wilmington costs $1,775.

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 20 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 $509 which is $1,266 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

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.