Cheapest Neighborhoods in Wilmington, NC

Some of the cheapest neighborhoods in Wilmington are College Acres, Northchase, and Ogden. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of June 13, 2026, the average rent in Wilmington is $1,384, which is 2% 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.

College Acres

Average Rent

$1,401/Month

Year-Over-Year Rent Change

8.7%

Units Available

69 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

$1,413/Month

Year-Over-Year Rent Change

4.1%

Units Available

49 Rentals

Northchase is an affordable neighborhood in Wilmington with an average rent price of $1,413. Compare this to the city average of $1,384. In the past year, rent prices have increased by 4.1%. Northchase provides easy access to Airlie Gardens, Cape Fear C.C., Downtown, and Wilmington International.

Ogden

Average Rent

$1,426/Month

Year-Over-Year Rent Change

4.5%

Units Available

32 Rentals

If you’re looking for a great, affordable neighborhood in Wilmington, Ogden might be the perfect place! It has an average rent price of $1,426, while the city’s average stands at $1,384. In the last year, prices have decreased by 4.5%. Ogden is near Ogden Town Center, New Hanover County Arboretum, and Children's Museum of Wilmington.

Murraysville

Average Rent

$1,432/Month

Year-Over-Year Rent Change

2.7%

Units Available

63 Rentals

Murraysville is a top choice for budget-conscious renters for a variety of reasons. The average rent in Murraysville is $1,432 while the city average is $1,384. This is a 2.7% difference from last year. Residents enjoy convenient access to Children's Museum of Wilmington, UNC Wilmington, and Market Street Center.

River Pointe-Masonboro Commons

Average Rent

$1,481/Month

Year-Over-Year Rent Change

0.7%

Units Available

18 Rentals

When you’re looking for a great Wilmington neighborhood on a budget, check out River Pointe-Masonboro Commons. The average rent is $1,481, compared to the city average of $1,384. Rent prices have increased by 0.7%. River Pointe-Masonboro Commons is convenient to Cape Fear C.C., Downtown, Airlie Gardens, and UNC Wilmington.

Bayshore

Average Rent

$1,523/Month

Year-Over-Year Rent Change

4.1%

Units Available

47 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.

Kirkland

Average Rent

$1,525/Month

Year-Over-Year Rent Change

1%

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.

Cape Fear Country Club

Average Rent

$1,530/Month

Year-Over-Year Rent Change

4.5%

Units Available

104 Rentals

Cape Fear Country Club is an affordable neighborhood in Wilmington with an average rent price of $1,530. Compare this to the city average of $1,384. In the past year, rent prices have increased by 4.5%. Cape Fear Country Club provides easy access to Cape Fear Museum of History & Science, New Hanover County Arboretum, and Airlie Gardens.

Lincoln Forest

Average Rent

$1,536/Month

Year-Over-Year Rent Change

2.1%

Units Available

46 Rentals

If you’re looking for a great, affordable neighborhood in Wilmington, Lincoln Forest might be the perfect place! It has an average rent price of $1,536, while the city’s average stands at $1,384. In the last year, prices have decreased by 2.1%. Lincoln Forest is near Audobon Village, New Hanover County Arboretum, and Anderson Square.

Kings Grant

Average Rent

$1,550/Month

Year-Over-Year Rent Change

0.9%

Units Available

56 Rentals

Kings Grant is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kings Grant is $1,550 while the city average is $1,384. This is a -0.9% difference from last year. Residents enjoy convenient access to Windmill Park, Cape Fear C.C., Downtown, and New Hanover County Arboretum.

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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.