Best Affordable Neighborhoods in Wilmington, NC
Some of the cheapest neighborhoods in Wilmington are Lakeview, Harbor Sqare, and Pine Valley East. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of December 12, 2025, the average rent in Wilmington is $1,320, which is 0.6% higher 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.
Lakeview
Average Rent
$1,000/Month
TransitScore® Rating
30/100
Units Available
25 Rentals
Lakeview is an affordable neighborhood in Wilmington with an average rent price of $1,000. Compare this to the city average of $1,320. Lakeview provides easy access to UNC Wilmington, Cape Fear C.C., North Campus, and New Hanover County Arboretum. It’s a somewhat walkable neighborhood with a WalkScore® of 61.
Harbor Sqare
Average Rent
$1,159/Month
TransitScore® Rating
26/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Wilmington, Harbor Sqare might be the perfect place! It has an average rent price of $1,159, while the city’s average stands at $1,320. Harbor Sqare is near UNC Wilmington, Wilmington International, and Airlie Gardens.
Pine Valley East
Average Rent
$1,164/Month
TransitScore® Rating
9/100
Units Available
16 Rentals
Pine Valley East is known for its spacious homes and scenic streets, offering access to top-rated schools. It provides a quiet community atmosphere, with parks, shopping centers, and golf courses nearby, delivering a suburban feel while remaining close to Wilmington’s downtown. Some local highlights include the nearby Halyburton Park and the Pine Valley Country Club.
Echo East
Average Rent
$1,192/Month
TransitScore® Rating
17/100
Units Available
25 Rentals
Echo East is a top choice for budget-conscious renters for a variety of reasons. The average rent in Echo East is $1,192 while the city average is $1,320. Residents enjoy convenient access to Fultan Station, UNC Wilmington, and Cape Fear C.C., North Campus. The neighborhood is considered car-dependent with a WalkScore® of 6.
Ashley Park at Georgetown
Average Rent
$1,192/Month
TransitScore® Rating
0/100
Units Available
25 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Ashley Park at Georgetown. The average rent is $1,192, compared to the city average of $1,320. Ashley Park at Georgetown is convenient to Children's Museum of Wilmington, Cape Fear C.C., North Campus, and Airlie Gardens. The community is car-dependent with a WalkScore® of 7.
Saint Andrews Reserve
Average Rent
$1,192/Month
TransitScore® Rating
17/100
Units Available
25 Rentals
Saint Andrews Reserve is an affordable neighborhood in Wilmington with an average rent price of $1,192. Compare this to the city average of $1,320. Saint Andrews Reserve provides easy access to Fultan Station, Children's Museum of Wilmington, and UNC Wilmington. It’s a car-dependent neighborhood with a WalkScore® of 5.
Kirkland
Average Rent
$1,314/Month
Year-Over-Year Rent Change
2.9%
TransitScore® Rating
0/100
Units Available
27 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.
College Acres
Average Rent
$1,345/Month
Year-Over-Year Rent Change
5.1%
TransitScore® Rating
23/100
Units Available
88 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.
Capri Estates
Average Rent
$1,353/Month
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Wilmington, Capri Estates might be the perfect place! It has an average rent price of $1,353, while the city’s average stands at $1,320. Capri Estates is near UNC Wilmington, Cape Fear C.C., Downtown, and St. James Village.
Pine Valley West
Average Rent
$1,354/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
22/100
Units Available
53 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.
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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.