Silver Lake

Wilmington, NC

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Silver Lake - Wilmington, NC Area Guide

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With tidy apartment buildings and spacious single-family homes lining the meandering streets of Silver Lake, this suburb four miles south of Wilmington welcomes residents with a sense of serenity and amazing access to water-based recreation. While only a handful of houses surround the lake that gives the neighborhood its name, the Cape Fear River borders the western edge of the Silver Lake neighborhood, and the Intracoastal Waterway and Atlantic Ocean are only two miles to the east. Take a ferry or sail your own boat to Masonboro Island, just east of Silver Lake, to enjoy hiking, boating, fishing, and swimming, and then stop for a bite to eat with neighbors on your way home at one of the many local faves along Carolina Beach Road. The Cape Fear Seafood Company, one of the top-rated restaurants in the Wilmington area, prepares locally-caught seafood perfectly.

Rent Trends

As of May 2026, the average apartment rent in Silver Lake is $1,633 for a studio, $1,439 for one bedroom, $1,736 for two bedrooms, and $2,184 for three bedrooms. Apartment rent in Silver Lake has decreased by -1.7% in the past year.

  • Studio

  • 528 sq ft

    Average Sq Ft

  • $1,633/month

    Average Rent

  • 1 BR

  • 755 sq ft

    Average Sq Ft

  • $1,439/month

    Average Rent

  • 2 BR

  • 1,034 sq ft

    Average Sq Ft

  • $1,736/month

    Average Rent

  • 3 BR

  • 1,354 sq ft

    Average Sq Ft

  • $2,184/month

    Average Rent

Getting Around

Somewhat Walkable

Walkability

20 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

40 / 100

Daily Essentials

No Supermarkets Within a 30 Minute Walk

Groceries

10 / 100

Limited Restaurant Variety Nearby

Restaurants

30 / 100

Few to No Café Options Nearby

Cafes

10 / 100

Few to No Shops Nearby

Shopping

10 / 100

Local Vibe

Calm Atmosphere

Vibrancy

10 / 100

Few to No Nightlife Options Nearby

Nightlife

10 / 100

Not Noisy

Quiet Score

100 / 100

Reviews of Silver Lake - Wilmington, NC

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3.2 8 Reviews

Niche User

10 years and 2 months agoNiche Review

The lighting could be better all around. In certain areas it is very good. Other places if it was better, it would just be destroyed or maybe it has been. The police don't seem to take you too serious if you are gay or of color. It almost seems like they are there to pacify you but aren't really going to do anything about your situation. There is a lot of publicity on the news about trying to diminish the gangs presence in our city but I never see any real results.

Niche User

10 years and 3 months agoNiche Review

Crime is not big in the neighborhood

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Points of Interest

Parks and Recreation

  • Children's Museum of Wilmington
  • Cape Fear Museum of History & Science
  • New Hanover County Arboretum
  • Airlie Gardens
  • Carolina Beach State Park

Airports

  • Wilmington International

Top Apartments in Silver Lake

Houses for Rent in Silver Lake

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.