Cheapest Neighborhoods in Wilmington, NC

Some of the cheapest neighborhoods in Wilmington are Northchase, College Acres, and Lincoln Forest. These neighborhoods offer some of the lowest rent prices in Wilmington, making them ideal for renters on a budget. As of September 11, 2026, the average rent in Wilmington is $1,423, which is 5.9% 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.

Northchase

Average Rent

$1,439/Month

Year-Over-Year Rent Change

1.3%

Units Available

31 Rentals

When you’re looking for a great Wilmington neighborhood on a budget, check out Northchase. The average rent is $1,439, compared to the city average of $1,423. Rent prices have increased by 1.3%. Northchase is convenient to Murrayville Post Shopping Center, Northchase Centre, and Cape Fear C.C., Downtown.

College Acres

Average Rent

$1,446/Month

Year-Over-Year Rent Change

5%

Units Available

72 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.

Lincoln Forest

Average Rent

$1,460/Month

Year-Over-Year Rent Change

15.5%

Units Available

32 Rentals

Lincoln Forest is an affordable neighborhood in Wilmington with an average rent price of $1,460. Compare this to the city average of $1,423. In the past year, rent prices have increased by 15.5%. Lincoln Forest provides easy access to Cape Fear C.C., North Campus, New Hanover County Arboretum, and Wilmington International.

Kirkland

Average Rent

$1,479/Month

Year-Over-Year Rent Change

13.6%

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

$1,491/Month

Year-Over-Year Rent Change

9.6%

Units Available

93 Rentals

If you’re looking for a great, affordable neighborhood in Wilmington, Cape Fear Country Club might be the perfect place! It has an average rent price of $1,491, while the city’s average stands at $1,423. In the last year, prices have increased by 9.6%. Cape Fear Country Club is near Canterwood Center, Cape Fear C.C., Downtown, and Cape Fear C.C., North Campus.

Pine Valley West

Average Rent

$1,540/Month

Year-Over-Year Rent Change

4.9%

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.

Murraysville

Average Rent

$1,584/Month

Year-Over-Year Rent Change

9%

Units Available

40 Rentals

Murraysville is a top choice for budget-conscious renters for a variety of reasons. The average rent in Murraysville is $1,584 while the city average is $1,423. This is a 9% difference from last year. Residents enjoy convenient access to UNC Wilmington, Wilmington International, and Murrayville Post Shopping Center.

River Pointe-Masonboro Commons

Average Rent

$1,614/Month

Year-Over-Year Rent Change

4.5%

Units Available

20 Rentals

When you’re looking for a great Wilmington neighborhood on a budget, check out River Pointe-Masonboro Commons. The average rent is $1,614, compared to the city average of $1,423. Rent prices have increased by 4.5%. River Pointe-Masonboro Commons is convenient to UNC Wilmington, Cape Fear C.C., North Campus, and Children's Museum of Wilmington.

Bayshore

Average Rent

$1,623/Month

Year-Over-Year Rent Change

2.4%

Units Available

39 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.

Echo Farms

Average Rent

$1,635/Month

Year-Over-Year Rent Change

5.3%

Units Available

211 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.

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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.