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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

Last updated July 2023
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

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Wilmington, NC By Neighborhood

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
/
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

Neighborhood
vs.

Rent in Arrowhead is 6% lower than in Audubon

$1,534

Arrowhead rent is 2% lower than Wilmington average

Average Rent $1,534
$1,624

Audubon rent is 4% higher than Wilmington average

Average Rent $1,624

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

Loft Style Unit at Lofts of Wilmington, Wilmington, NC
Today

Lofts Of Wilmington

5208-2 Ringo Drive, Wilmington, NC 28405
20 Units available
1 BED $1,039
2 BEDS $1,289+
The Creek Apartments at Wilmington NC
Today

The Creek

2247 Wrightsville Ave, Wilmington, NC 28403
Studio $940+
1 BED $1,004+
2+ BEDS Ask for Pricing
Spacious Living Room at Hawthorne at  Indy West in Wilmington, NC
Today

Hawthorne At Indy West

3960 Independence Blvd, Wilmington, NC 28412
1 BED $1,281+
2 BEDS $1,649+
3 BEDS $1,999+
Sawmill Point Living Room
Today

Sawmill Point

1015 Nutt Street,, Wilmington, NC 28401
1 BED $1,279+
2 BEDS $1,675+
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