Most Affordable Neighborhoods in Wilmington, NC
Some of the cheapest neighborhoods in Wilmington are Pine Valley East, First Hills, and Mercer Place West. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of June 13, 2025, the average rent in Wilmington is $1,361, which is 0.2% 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.
Pine Valley East
Average Rent
$1,273/Month
TransitScore® Rating
9/100
Units Available
14 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.
First Hills
Average Rent
$1,289/Month
TransitScore® Rating
25/100
Units Available
21 Rentals
First Hills is an affordable neighborhood in Wilmington with an average rent price of $1,289. Compare this to the city average of $1,361. First Hills provides easy access to Cape Fear Museum of History & Science, Children's Museum of Wilmington, and Cape Fear C.C., North Campus. It’s a car-dependent neighborhood with a WalkScore® of 39.
Mercer Place West
Average Rent
$1,289/Month
TransitScore® Rating
26/100
Units Available
21 Rentals
If you’re looking for a great, affordable neighborhood in Wilmington, Mercer Place West might be the perfect place! It has an average rent price of $1,289, while the city’s average stands at $1,361. Mercer Place West is near Airlie Gardens, Midtown Park, and New Hanover County Arboretum.
Futch Creek Village
Average Rent
$1,316/Month
TransitScore® Rating
0/100
Units Available
15 Rentals
Futch Creek Village is a top choice for budget-conscious renters for a variety of reasons. The average rent in Futch Creek Village is $1,316 while the city average is $1,361. Residents enjoy convenient access to Oak Landing, Airlie Gardens, and Wilmington International. The neighborhood is considered car-dependent with a WalkScore® of 8.
Bellingham Park Condominiums
Average Rent
$1,331/Month
TransitScore® Rating
25/100
Units Available
13 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Bellingham Park Condominiums. The average rent is $1,331, compared to the city average of $1,361. Bellingham Park Condominiums is convenient to Cape Fear C.C., North Campus, Wilmington International, and Airlie Gardens. The community is car-dependent with a WalkScore® of 39.
Marsh Oaks
Average Rent
$1,347/Month
Units Available
14 Rentals
Marsh Oaks is an affordable neighborhood in Wilmington with an average rent price of $1,347. Compare this to the city average of $1,361. Marsh Oaks provides easy access to Airlie Gardens, Cape Fear C.C., North Campus, and Porters Neck South Plaza.
Marymount Townhomes at Marsh Oaks
Average Rent
$1,347/Month
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Wilmington, Marymount Townhomes at Marsh Oaks might be the perfect place! It has an average rent price of $1,347, while the city’s average stands at $1,361. Marymount Townhomes at Marsh Oaks is near New Hanover County Arboretum, Cape Fear C.C., Downtown, and Porters Neck South Plaza.
Northchase
Average Rent
$1,448/Month
Year-Over-Year Rent Change
1.4%
TransitScore® Rating
0/100
Units Available
42 Rentals
Northchase is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northchase is $1,448 while the city average is $1,361. This is a -1.4% difference from last year. Residents enjoy convenient access to Wilmington International, Murrayville Post Shopping Center, and Northchase Centre. The neighborhood is considered car-dependent with a WalkScore® of 34.
Fairfield Park
Average Rent
$1,458/Month
TransitScore® Rating
17/100
Units Available
31 Rentals
When you’re looking for a great Wilmington neighborhood on a budget, check out Fairfield Park. The average rent is $1,458, compared to the city average of $1,361. Fairfield Park is convenient to Children's Museum of Wilmington, New Hanover County Arboretum, and Airlie Gardens. The community is car-dependent with a WalkScore® of 8.
Bayshore Estates
Average Rent
$1,458/Month
Units Available
31 Rentals
Bayshore Estates is an affordable neighborhood in Wilmington with an average rent price of $1,458. Compare this to the city average of $1,361. Bayshore Estates provides easy access to Wilmington International, Marsh Oaks Village, and Market Street Center.
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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.