Cheap Homes for Rent in the UNC Wilmington Neighborhood of Wilmington, NC from $1,150 (25 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 522 S Kerr Ave
$1,150
2 Bedroom Rentals
Available Now
Affordability

522 S Kerr Ave

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 4230 Wilshire Blvd
$1,350 - $1,400
2 Bedroom Rentals
Available Now
Affordability

4230 Wilshire Blvd

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.

property at 4141 Spirea Dr
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 2 Bath Condo for Rent
Available Now

4141 Spirea Dr, Unit A

4141 Spirea Dr
WilmingtonNC28403
  • Smoke Free

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.

property at 4541 Kimberly Way
$1,575

Total Monthly Price

Base Rent$1,575

Total Monthly Price$1,575
2 Bedroom, 2 Bath Condo for Rent
Available Now

4541 Kimberly Way, Unit 101

4541 Kimberly Way
WilmingtonNC28403
  • Smoke Free

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 321 S Kerr Ave
$1,600 - $1,875
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

321 S Kerr Ave

WilmingtonNC28403
  • Smoke Free

UNC Wilmington, Wilmington, NC Local Guide

Best Value Homes for Rent in UNC Wilmington, NC

As of September 22, 2026 the best value rental home in the UNC Wilmington area is the $1.20 price per square foot 4905 College Acres Dr Model at 4905 College Acres Dr in the College Acres neighborhood starting from $2,400. The second greatest value UNC Wilmington rental home is the 129 Myrtle Ave Model at 129 Myrtle Ave in the College Acres neighborhood starting at $2,700 with a $1.64 price per square foot. Here is today’s list of the best values for UNC Wilmington homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
4905 College Acres Dr4905 College Acres Dr4BR, 2BA$1.20
129 Myrtle Ave129 Myrtle Ave3BR, 3BA$1.64
420 Cobblestone Dr420 Cobblestone Dr2BR, 2BA$1.39
624 Sharease Cir624 Sharease Cir3BR, 2BA$1.71
5211 Lapaloma Ct, Unit Condo w Free WiFi5211 Lapaloma Ct2BR, 2BA$1.79
118 Avondale Ave, Unit B118 Avondale Ave3BR, 2BA$1.62
5531 Wrightsville Ave5531 Wrightsville Ave2BR, 2BA$1.80
4541 Kimberly Way, Unit 1014541 Kimberly Way2BR, 2BA$1.59
4904 Greenway Ave4904 Greenway Ave2BR, 2BA$1.88
4141 Spirea Dr, Unit Unit A4141 Spirea Dr2BR, 2BA$1.75

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.

Read Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Unc Wilmington, Wilmington, NC

Ranked #3

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about UNC Wilmington

What type of rentals are currently available in UNC Wilmington?

There are currently 123 Apartments for Rent in UNC Wilmington, NC with pricing that ranges from $799 to $2,820. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in UNC Wilmington ranging from $1,150 to $4,000.

What is the current price range for Rental Homes in UNC Wilmington?

Today's rental pricing for Homes for Rent, Condos and Townhomes in UNC Wilmington ranges from $1,150 to $4,000 with an average monthly rent of $2,071.

How much are larger Three and Four Bedroom Rentals in UNC Wilmington?

For those who are looking for larger living arrangements, Three Bedroom Apartments in UNC Wilmington range from $799 to $2,475, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,450. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $939.

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 How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

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.