Silver Lake

Wilmington, NC

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Silver Lake - Wilmington, NC

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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 December 2024, the average apartment rent in Silver Lake is $1,027 for a studio, $1,399 for one bedroom, $1,672 for two bedrooms, and $2,179 for three bedrooms. Apartment rent in Silver Lake has increased by 1.1% in the past year.

  • Studio

  • 439 sq ft

    Average Sq Ft

  • $1,027/month

    Average Rent

  • 1 BR

  • 751 sq ft

    Average Sq Ft

  • $1,399/month

    Average Rent

  • 2 BR

  • 1,090 sq ft

    Average Sq Ft

  • $1,672/month

    Average Rent

  • 3 BR

  • 1,350 sq ft

    Average Sq Ft

  • $2,179/month

    Average Rent

Transportation

36

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

3

Minimal Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

39

Somewhat Bikeable

out of 100 BikeScore® Rating

You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.

Reviews of Silver Lake - Wilmington, NC

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3.2 8 Reviews

Niche User

8 years and 10 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

8 years and 10 months agoNiche Review

If I had to do it all over again, I would probably come here if I had the option. The problem was with who I came with and the experiences I had surrounding them. That was the major negative in this location. Otherwise, I have done fairly well. I would make some different choices in other aspects of my life but I am overall happy.

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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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