Silver Lake

Wilmington, NC

Silver Lake - Wilmington, NC

Area Guide

Niche Reviews

3.2 (8 Reviews)

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 February 2025, the average apartment rent in Silver Lake is $1,033 for a studio, $1,383 for one bedroom, $1,659 for two bedrooms, and $2,194 for three bedrooms. Apartment rent in Silver Lake has decreased by -0.9% in the past year.

Studio
439 sq ft

Average Sq Ft
$1,033/month

Average Rent

1 BR
751 sq ft

Average Sq Ft
$1,383/month

Average Rent

2 BR
1,090 sq ft

Average Sq Ft
$1,659/month

Average Rent

3 BR
1,350 sq ft

Average Sq Ft
$2,194/month

Average Rent

Transportation

Car-Dependent

out of 100 WalkScore® Rating

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

Minimal Transit

out of 100 TransitScore® Rating

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

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

Niche Reviews

3.2 8 Reviews

Niche User

9 years ago•Niche Review

The neighborhood is quite and safe to walk.

Niche User

10 years and 5 months ago•Niche Review

Our downtown location offers a lot of local mom and pop stores that are very popular with the college scene. Wilmington is a pretty large town and has a lot to offer, everything you need is always right down the road, we have at least two of everything here simply because there are two sides of town and nobody like to travel 20 miles just to go to one place so they build two of everything.

See All Reviews on Niche.com