Most Affordable Neighborhoods in Wilmington, NC

Some of the cheapest neighborhoods in Wilmington are Windemere, College Acres, and Northchase. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of March 3, 2025, the average rent in Wilmington is $1,324, which is 1.3% 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.

Windemere

Average Rent

$1,342/Month

TransitScore® Rating

13/100

Units Available

16 Rentals

Windemere is centrally located, featuring well-kept homes and easy access to major roads. Residents enjoy being close to shopping, dining, and Wrightsville Beach, combining a quiet suburban lifestyle with the convenience of city amenities at hand.

College Acres

Average Rent

$1,376/Month

Year-Over-Year Rent Change

13.5%

TransitScore® Rating

23/100

Units Available

84 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.

Northchase

Average Rent

$1,483/Month

Year-Over-Year Rent Change

0.4%

TransitScore® Rating

0/100

Units Available

43 Rentals

Northchase is an affordable neighborhood in Wilmington with an average rent price of $1,483. Compare this to the city average of $1,324. In the past year, rent prices have decreased by 0.4%. Northchase provides easy access to Cape Fear C.C., North Campus, Cape Fear C.C., Downtown, and Wilmington International. It’s a car-dependent neighborhood with a WalkScore® of 34.

Kirkland

Average Rent

$1,486/Month

Year-Over-Year Rent Change

2.3%

TransitScore® Rating

0/100

Units Available

32 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.

Echo Farms

Average Rent

$1,487/Month

Year-Over-Year Rent Change

2.3%

TransitScore® Rating

16/100

Units Available

151 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.

Shipyard Plaza

Average Rent

$1,487/Month

Year-Over-Year Rent Change

5.7%

TransitScore® Rating

19/100

Units Available

47 Rentals

Shipyard Plaza buzzes with a variety of shopping, dining, and entertainment choices, like the Cape Fear Museum of History & Science and the Commons Shopping Center. Its central location provides quick access to both downtown Wilmington and the beaches, making it perfect for those who want convenience for both work and leisure activities.

Bayshore

Average Rent

$1,490/Month

Year-Over-Year Rent Change

4.5%

TransitScore® Rating

0/100

Units Available

45 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.

Carolina Heights

Average Rent

$1,524/Month

TransitScore® Rating

28/100

Units Available

30 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.

Silver Lake

Average Rent

$1,540/Month

Year-Over-Year Rent Change

0.8%

TransitScore® Rating

3/100

Units Available

180 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.

River Pointe-Masonboro Commons

Average Rent

$1,551/Month

Year-Over-Year Rent Change

5.2%

TransitScore® Rating

0/100

Units Available

21 Rentals

If you’re looking for a great, affordable neighborhood in Wilmington, River Pointe-Masonboro Commons might be the perfect place! It has an average rent price of $1,551, while the city’s average stands at $1,324. In the last year, prices have increased by 5.2%. River Pointe-Masonboro Commons is near Cape Fear C.C., North Campus, Masonboro Commons, and Children's Museum of Wilmington.

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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.