Wilmington, NC Rental Market Trends
What is the average rent in Wilmington?
The average rent for an apartment in Wilmington is $1,567. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Wilmington, NC
| Average Rent | Average Apartment Size |
|---|---|
| $1,567 | 863 sq. ft. |
What is the average apartment size in Wilmington?
The average size for a Wilmington, NC apartment is 863 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Wilmington, NC apartment rent ranges
Wilmington, NC Occupied Housing Units
28,311 or 54% of the households in Wilmington, NC are renter-occupied while 24,345 or 46% are owner-occupied.
Wilmington, NC rent trends
Average Rent in Wilmington, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Caneel Cove | $2,365 |
| Holly Glen | $2,365 |
| Lansdowne Estates | $2,365 |
| Masonboro | $2,365 |
| Masonboro Marina | $2,365 |
| Masonboro Sound | $2,365 |
| Millbrook | $2,365 |
| Newhall | $2,365 |
| Pine Grove | $2,365 |
| Shinn Creek Estates | $2,365 |
| South of Woodberry | $2,365 |
| Tanglewood | $2,365 |
| Windchase | $2,365 |
| Fairlawn | $1,673 |
| Inland Greens | $1,673 |
| Kentwood Village | $1,673 |
| Landfall | $1,673 |
| Lucia Point | $1,673 |
| Mayfaire Townview | $1,673 |
| Parkside at Mayfaire | $1,673 |
| Smiths Creek Industrial Park | $1,673 |
| Tanbridge Park | $1,673 |
| Williams | $1,673 |
| Princess Place | $1,665 |
| Clarendon Park | $1,656 |
| Downtown Wilmington | $1,656 |
| Dry Pond | $1,656 |
| Glen Villa | $1,656 |
| Greenfield Lake Estates | $1,656 |
| Lake Forest | $1,656 |
| Northside Wilmington | $1,656 |
| Sherwood Forest | $1,656 |
| Sunset Park | $1,656 |
| Carolina Heights | $1,642 |
| Bradley Creek | $1,640 |
| Seagate | $1,640 |
| New Center | $1,639 |
| Wrightsville Beach Town | $1,639 |
| Audubon | $1,624 |
| Autumn Hall | $1,624 |
| Bradley Creek East Estates | $1,624 |
| Carolina Place | $1,624 |
| College Acres | $1,624 |
| Devon Park | $1,624 |
| Forest Hills | $1,624 |
| Glen Meade | $1,624 |
| Highland Hills | $1,624 |
| Lincoln Forest | $1,624 |
| Oakcrest | $1,624 |
| Oleander | $1,624 |
| Pineywoods | $1,624 |
| St. James Village | $1,624 |
| University of North Carolina Wilmington | $1,624 |
| Arrowhead | $1,534 |
| Belmont | $1,534 |
| Breezewood | $1,534 |
| Echo Farms | $1,534 |
| Hanover Heights | $1,534 |
| Landmark Industrial Park | $1,534 |
| Pine Valley | $1,534 |
| Portwatch Industrial Park | $1,534 |
| Preston Woods | $1,534 |
| Rivers Edge | $1,534 |
| Samsara Estates | $1,534 |
| Silver Creek | $1,534 |
| Willoughby Park | $1,534 |
What are the most affordable neighborhoods in Wilmington?
The most affordable neighborhoods in Wilmington are Arrowhead, where the average rent goes for $1,534/month, Belmont, where renters pay $1,534/mo on average, and Breezewood, where the average rent goes for $1,534/mo. If you’re looking for other great deals, check out the listings from Echo Farms ($1,534), Hanover Heights ($1,534), and Landmark Industrial Park ($1,534), where the asking prices are below the average Wilmington rent of $1,567/mo.
What are the most expensive neighborhoods in Wilmington?
The most expensive neighborhoods in Wilmington are South of Woodberry ($2,365), Tanglewood ($2,365) and Windchase ($2,365).
What are the most popular neighborhoods in Wilmington?
The most popular neighborhood in Wilmington is Clarendon Park, where there are 8 listings with an average rent of $1,656. Next up is Northside Wilmington, where apartments go for $1,656/month, followed by Breezewood with $1,534 If you’re looking to rent in Wilmington’s most popular neighborhoods, make sure to also check out New Center, where renters pay $1,639 on average, and Silver Creek, where the average monthly rent is $1,534.
Wilmington | Rent Comparison by Neighborhood
Rent in Arrowhead is 6% lower than in Audubon
Arrowhead rent is 2% lower than Wilmington average
Audubon rent is 4% higher than Wilmington average
How Wilmington Compares to Other Cities
| City | Average Rent |
|---|---|
| Charlotte | $1,670 |
| Winston - Salem | $1,213 |
| Raleigh | $1,634 |
| Greensboro | $1,257 |
| Durham | $1,604 |
| Holly Springs | $1,646 |
| Fayetteville | $1,233 |
| Concord | $1,561 |
| Wilmington | $1,567 |
| Cary | $1,691 |
| Asheville | $1,705 |
| Myrtle Beach | $1,601 |
| Hampstead | $1,587 |
| Kinston | $893 |
| Conway | $2,250 |
| North Myrtle Beach | $1,714 |
What is the average price for a storage unit in Wilmington?
The average rent for a non-climate-controlled 10'x10' storage unit in Wilmington is $142.24. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Wilmington
The Creek
2247 Wrightsville Ave, Wilmington, NC 28403| Studio | $940+ |
| 1 BED | $1,004+ |
| 2+ BEDS | Ask for Pricing |
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Hawthorne At Indy West
3960 Independence Blvd, Wilmington, NC 28412| 1 BED | $1,281+ |
| 2 BEDS | $1,649+ |
| 3 BEDS | $1,999+ |
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