Most Affordable Neighborhoods in Wilmington, NC
Some of the cheapest neighborhoods in Wilmington are College Acres, Kirkland, and River Pointe-Masonboro Commons. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of April 4, 2025, the average rent in Wilmington is $1,317, which is 1.8% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
College Acres
Average Rent
$1,447/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
23/100
Units Available
117 Rentals
College Acres is a serene neighborhood nestled close to the University of North Carolina Wilmington, making it a top pick for students and faculty. This area offers a convenient mix of homes and apartments, with shopping centers, parks, and Wrightsville Beach just a short distance away, providing easy access to both campus and local amenities.
Kirkland
Average Rent
$1,491/Month
Year-Over-Year Rent Change
1.6%
TransitScore® Rating
0/100
Units Available
33 Rentals
Kirkland is a growing residential area offering a mix of newer developments and established homes. It’s close to shopping, dining, and Wrightsville Beach, making it an excellent spot for those who desire a suburban lifestyle with easy access to coastal and city amenities.
River Pointe-Masonboro Commons
Average Rent
$1,505/Month
Year-Over-Year Rent Change
9.8%
TransitScore® Rating
0/100
Units Available
22 Rentals
River Pointe-Masonboro Commons is an affordable neighborhood in Wilmington with an average rent price of $1,505. Compare this to the city average of $1,317. In the past year, rent prices have decreased by 9.8%. River Pointe-Masonboro Commons provides easy access to Children's Museum of Wilmington, UNC Wilmington, and Cape Fear C.C., Downtown. It’s a car-dependent neighborhood with a WalkScore® of 34.
Bayshore
Average Rent
$1,507/Month
Year-Over-Year Rent Change
3.6%
TransitScore® Rating
0/100
Units Available
48 Rentals
Bayshore offers picturesque waterfront views of the Intracoastal Waterway. It’s a peaceful, suburban escape with easy access to marinas and parks, ideal for outdoor enthusiasts who enjoy boating and fishing yet still want to stay close to urban conveniences.
Northchase
Average Rent
$1,508/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
0/100
Units Available
42 Rentals
If you’re looking for a great, affordable neighborhood in Wilmington, Northchase might be the perfect place! It has an average rent price of $1,508, while the city’s average stands at $1,317. In the last year, prices have increased by 1%. Northchase is near Cape Fear C.C., North Campus, Murrayville Post Shopping Center, and Acorn Landing.
Pine Valley West
Average Rent
$1,518/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
22/100
Units Available
57 Rentals
Pine Valley West is an appealing neighborhood offering a mix of single-family homes and apartments. Renters will enjoy the proximity to parks, schools, and shopping centers, as well as the quiet, residential atmosphere. The area is ideal for those seeking a suburban lifestyle with modern amenities.
Myrtle Grove
Average Rent
$1,534/Month
TransitScore® Rating
0/100
Units Available
16 Rentals
Myrtle Grove is a top choice for budget-conscious renters for a variety of reasons. The average rent in Myrtle Grove is $1,534 while the city average is $1,317. Residents enjoy convenient access to Cape Fear Museum of History & Science, Cape Fear C.C., Downtown, and Wilmington International. The neighborhood is considered car-dependent with a WalkScore® of 38.
Silver Lake
Average Rent
$1,542/Month
Year-Over-Year Rent Change
1.5%
TransitScore® Rating
3/100
Units Available
155 Rentals
Silver Lake, a well-established community, features a variety of homes and apartments. Residents benefit from being near schools, shopping, and Silver Lake itself, offering plenty of outdoor recreation opportunities. Its suburban allure and strategic location make it perfect for families.
Echo Farms
Average Rent
$1,546/Month
Year-Over-Year Rent Change
2.7%
TransitScore® Rating
16/100
Units Available
165 Rentals
Echo Farms is a picturesque neighborhood known for its golf course and proximity to local parks. Residents enjoy easy access to Long Leaf Park, which features baseball fields, basketball courts, and a dog park, providing ample recreational opportunities for all ages. Shopping is convenient with nearby centers like The Pointe at Barclay, offering a range of stores and dining options.
Carolina Heights
Average Rent
$1,552/Month
TransitScore® Rating
28/100
Units Available
40 Rentals
Carolina Heights boasts a rich history, with charming homes and streets lined with trees. It's perfectly situated for those wanting to be near downtown Wilmington and cultural spots like Thalian Hall and the Riverwalk. The neighborhood's calm and residential vibe makes it a sought-after living area.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.