Cheapest Neighborhoods in Wilmington, NC

Some of the cheapest neighborhoods in Wilmington are Capri Estates, Mill Creek, and College Acres. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of July 28, 2026, the average rent in Wilmington is $1,409, which is 5.4% 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.

Capri Estates

Average Rent

$1,276/Month

Units Available

17 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 $1,276, while the city’s average stands at $1,409.

Mill Creek

Average Rent

$1,363/Month

Units Available

11 Rentals

Mill Creek is a top choice for budget-conscious renters for a variety of reasons. The average rent in Mill Creek is $1,363 while the city average is $1,409.

College Acres

Average Rent

$1,376/Month

Year-Over-Year Rent Change

6.4%

Units Available

77 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

$1,383/Month

Year-Over-Year Rent Change

11.1%

Units Available

28 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.

Northchase

Average Rent

$1,397/Month

Year-Over-Year Rent Change

3%

Units Available

41 Rentals

When you’re looking for a great Wilmington neighborhood on a budget, check out Northchase. The average rent is $1,397, compared to the city average of $1,409. Rent prices have increased by 3%. Northchase is convenient to Airlie Gardens, Acorn Landing, and Cape Fear C.C., Downtown.

Garden City

Average Rent

$1,431/Month

Units Available

26 Rentals

Garden City is an affordable neighborhood in Wilmington with an average rent price of $1,431. Compare this to the city average of $1,409.

Audubon Estates

Average Rent

$1,431/Month

Units Available

26 Rentals

If you’re looking for a great, affordable neighborhood in Wilmington, Audubon Estates might be the perfect place! It has an average rent price of $1,431, while the city’s average stands at $1,409.

Holy Fountain Society

Average Rent

$1,442/Month

Units Available

13 Rentals

Holy Fountain Society is a top choice for budget-conscious renters for a variety of reasons. The average rent in Holy Fountain Society is $1,442 while the city average is $1,409.

Lincoln Forest

Average Rent

$1,446/Month

Year-Over-Year Rent Change

9.5%

Units Available

28 Rentals

When you’re looking for a great Wilmington neighborhood on a budget, check out Lincoln Forest. The average rent is $1,446, compared to the city average of $1,409. Rent prices have increased by 9.5%. Lincoln Forest is convenient to Airlie Gardens, Anderson Square, and New Hanover County Arboretum.

Cape Fear Country Club

Average Rent

$1,475/Month

Year-Over-Year Rent Change

7.4%

Units Available

70 Rentals

Cape Fear Country Club is an affordable neighborhood in Wilmington with an average rent price of $1,475. Compare this to the city average of $1,409. In the past year, rent prices have increased by 7.4%. Cape Fear Country Club provides easy access to Wilmington International, Children's Museum of Wilmington, 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.