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Rental Market Trends in Wilmington, NC

What is the average rent in Wilmington, NC?

$1,340/month

Average Rent

731 Sq Ft

Average Apartment Size

-0.5%

Decrease in the Last Year

As of January 2026, the average rent in Wilmington, NC is $1,340 per month. This is 18% lower than the national average rent of $1,625/month, making renting in Wilmington more affordable than most cities in the US. When you rent an apartment in Wilmington, you can expect to pay about $1,216 per month for a studio, $1,340 for a one-bedroom apartment, and around $1,599 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,916 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,216/month
534 Sq Ft
One Bedroom
$1,340/month
731 Sq Ft
Two Bedroom
$1,599/month
1,063 Sq Ft
Three Bedroom
$1,916/month
1,336 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,654/month
771 Sq Ft
Three Bedroom
$2,186/month
1,314 Sq Ft
Four Bedroom
$2,963/month
2,070 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,458/month
471 Sq Ft
Two Bedroom
$1,658/month
691 Sq Ft
Three Bedroom
$3,295/month
1,004 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,657/month
860 Sq Ft
Three Bedroom
$2,154/month
1,345 Sq Ft

How much has average rent changed in Wilmington, NC?

In the past year, rent has decreased by 0.5%, which averages out to $6 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Wilmington, NC
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Wilmington, NC
Percentage*
Rent Range
1% Below $700/month
5% $700 - $1,000/month
52% $1,001 - $1,500/month
35% $1,501 - $2,000/month
8% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Wilmington?

Based on current rent prices, Lakeview, Harbor Sqare and Echo East are the most affordable neighborhoods in Wilmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Lakeview
$979/month
558 Sq Ft
Harbor Sqare
$1,094/month
667 Sq Ft
Echo East
$1,200/month
645 Sq Ft
Ashley Park at Georgetown
$1,200/month
645 Sq Ft
Saint Andrews Reserve
$1,200/month
645 Sq Ft
Kirkland
$1,348/month
773 Sq Ft
College Acres
$1,355/month
689 Sq Ft
Fairfield Park
$1,386/month
758 Sq Ft
Echo Ridge at Echo Farms
$1,399/month
782 Sq Ft
Greenview Ranches
$1,405/month
751 Sq Ft

What are the most expensive neighborhoods in Wilmington?

Based on current rent prices, Independence South Townhouses, Downtown Wilmington and Upper Downtown are the most expensive neighborhoods in Wilmington.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Independence South Townhouses
$1,848/month
818 Sq Ft
Downtown Wilmington
$1,802/month
783 Sq Ft
Upper Downtown
$1,792/month
778 Sq Ft
Shipyard Plaza
$1,772/month
820 Sq Ft
Riverwalk
$1,756/month
857 Sq Ft
Landfall
$1,735/month
826 Sq Ft
Avondale
$1,728/month
886 Sq Ft
Greenwood Estates
$1,728/month
886 Sq Ft
Silver Lake
$1,702/month
789 Sq Ft
Lucia Point
$1,680/month
841 Sq Ft

Which Wilmington neighborhoods have the most rentals available?

The neighborhoods in Wilmington with the most apartments available are Echo Farms, Silver Lake and Shipyard Plaza .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Echo Farms
$1,641/month
797 Sq Ft
Silver Lake
$1,702/month
789 Sq Ft
Shipyard Plaza
$1,772/month
820 Sq Ft
Independence South Townhouses
$1,848/month
818 Sq Ft
College Acres
$1,355/month
689 Sq Ft
Downtown Wilmington
$1,802/month
783 Sq Ft
Cape Fear Country Club
$1,407/month
759 Sq Ft
Upper Downtown
$1,792/month
778 Sq Ft
Murraysville
$1,467/month
762 Sq Ft
Kings Grant
$1,540/month
766 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Wilmington, NC?

Because the average rent in Wilmington is $1,340, you’ll want to make about $4,466 per month or $53,592 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Wilmington, NC is 4.6% lower than the national average. Generally, housing in Wilmington is 21.5% less expensive than the national average, with rent falling between $1,216 - $1,916. You can expect to pay 2.1% less for groceries, 4.0% more for utilities, and 5.2% more for transportation.

City

Wilmington, NC

3,858 Available Apartments for Rent

Search for Nearby Apartments

How does Wilmington, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Wilmington, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Wilmington, NC

Apartment Averages

Lakeview

Wilmington, NC

Independence South Townhouses

Wilmington, NC

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Apartment communities in Wilmington we think you'll love

New Hanover Village Apartments

New Hanover Village Apartments

2402 Flint Dr,
Wilmington, NC 28401

$1,300 - $1,450

2-3 Beds

The Nixon

The Nixon

7015 Ruth Ave,
Wilmington, NC 28411

$1,489 - $2,290

1-3 Beds

Sidbury Crossing

Sidbury Crossing

4605 Sidbury Crossing Dr,
Castle Hayne, NC 28429

$1,299 - $1,975

1-3 Beds

Westgate Townes

Westgate Townes

2108 Silty Soil Ct,
Leland, NC 28451

$1,799 - $2,349

2-3 Beds

Property Management Companies in Wilmington, NC

Tribute Properties, Inc.
Tribute Properties, Inc.
  • 27

    Communities

  • 6,301

    Units

  • 8

    Cities

16 Communities in Wilmington
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 245

    Communities

  • 58,487

    Units

  • 109

    Cities

15 Communities in Wilmington
Greystar
Greystar
  • 3,447

    Communities

  • 951,532

    Units

  • 888

    Cities

11 Communities in Wilmington
Bell Partners
Bell Partners
  • 230

    Communities

  • 74,099

    Units

  • 121

    Cities

9 Communities in Wilmington
Drucker & Falk
Drucker & Falk
  • 158

    Communities

  • 37,667

    Units

  • 58

    Cities

8 Communities in Wilmington
Willow Bridge
Willow Bridge
  • 705

    Communities

  • 195,405

    Units

  • 338

    Cities

3 Communities in Wilmington
Highmark Residential
Highmark Residential
  • 220

    Communities

  • 62,708

    Units

  • 120

    Cities

3 Communities in Wilmington
Southwood Realty Company
Southwood Realty Company
  • 102

    Communities

  • 24,696

    Units

  • 59

    Cities

3 Communities in Wilmington

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United States North Carolina Wilmington Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity