- North Carolina
- Wilmington
- Renter Market Trends
Rental market trends in Wilmington, NC
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Average Apartment Cost in Wilmington, NC
Apartment Rent Ranges in Wilmington, NC
| Apartment Prices | Proportion | |||
|---|---|---|---|---|
0% | 3% | 28% | 33% | 35% |
Neighborhood Apartment Rent Trends in Wilmington, NC
| Neighborhood | Studio Avg Rent | Annual Change |
|---|---|---|
| Echo Farms - Rivers Edge | $1,436 | -- |
| Devon Park | $1,399 | 0% |
| Barclay West - Hanover Heights | $1,229 | -- |
| Forest Hills | $1,005 | +5% |
| College Park | $975 | -- |
| North Kerr | $925 | -8% |
| Neighborhood | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Echo Farms - Rivers Edge | $1,708 | -- |
| Landfall | $1,626 | -- |
| North Kerr | $1,597 | -- |
| River Lights | $1,515 | -- |
| Beau Rivage Plantation | $1,490 | -- |
| Echo East - Carriage Hills | $1,449 | -- |
| Devon Park | $1,399 | -28% |
| Pine Valley | $1,395 | +9% |
| Barclay West - Hanover Heights | $1,333 | -- |
| South Wilmington Heights | $1,270 | +2% |
| Monkey Junction | $1,267 | -11% |
| Glen Meade - South Oleander | $1,205 | -- |
| Seagate | $1,200 | -- |
| Winter Park | $1,166 | -- |
| College Park | $1,165 | +4% |
| Southside | $1,095 | -- |
| North College | $1,095 | -- |
| Forest Hills | $1,066 | +4% |
| Neighborhood | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Devon Park | $2,151 | +45% |
| Landfall | $1,943 | -- |
| River Lights | $1,856 | -- |
| Beau Rivage Plantation | $1,766 | -- |
| Pine Valley | $1,645 | +2% |
| Echo East - Carriage Hills | $1,639 | -- |
| Echo Farms - Rivers Edge | $1,583 | -- |
| Monkey Junction | $1,580 | -3% |
| Southside | $1,550 | +15% |
| Wilmington Historic District | $1,550 | -- |
| Winter Park | $1,512 | -- |
| Dry Pond - Lake Forest | $1,450 | -- |
| South Wilmington Heights | $1,440 | +1% |
| North College | $1,399 | -- |
| College Park | $1,362 | +8% |
| Barclay West - Hanover Heights | $1,329 | -- |
| Forest Hills | $1,310 | +1% |
| Glen Meade - South Oleander | $1,300 | -- |
How Other Cities Compare to Wilmington, NC
| City | Studio Avg Rent | Annual Change |
|---|---|---|
| Hampstead | $1,459 | -- |
| Leland | $1,373 | +18% |
| Jacksonville | $1,263 | -16% |
| City | 1 Bed Avg Rent | Annual Change |
|---|---|---|
| Sunset Beach | $1,512 | -- |
| Leland | $1,487 | -12% |
| Midway Park | $1,400 | -- |
| Little River | $1,362 | +7% |
| Jacksonville | $1,223 | +1% |
| Shallotte | $1,216 | -2% |
| City | 2 Beds Avg Rent | Annual Change |
|---|---|---|
| Sunset Beach | $1,820 | -- |
| Leland | $1,744 | -4% |
| Hampstead | $1,705 | -- |
| Little River | $1,511 | -3% |
| Midway Park | $1,425 | -- |
| Shallotte | $1,423 | -2% |
| Jacksonville | $1,369 | +2% |
Wilmington, NC Rent Trends
| Studio | 1 Bed | 2 Beds | ||||||||||
| Oct 2023 | Nov 2023 | Dec 2023 | Jan 2024 | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | Aug 2024 | Sep 2024 | Oct 2024 |
| $1140 | $1230 | $1359 | $1467 | $1387 | $1467 | $1349 | $1354 | $1386 | $1229 | $1152 | $1005 | $1005 |
| $1593 | $1537 | $1540 | $1526 | $1513 | $1522 | $1535 | $1551 | $1577 | $1571 | $1494 | $1456 | $1456 |
| $1769 | $1727 | $1690 | $1690 | $1698 | $1690 | $1785 | $1828 | $1868 | $1830 | $1724 | $1687 | $1687 |
| $1984 | $1993 | $2067 | $2112 | $2095 | $2060 | $2043 | $2140 | $2161 | $2122 | $2008 | $1974 | $1974 |
Neighborhood Information for Wilmington, NC
What are the most affordable neighborhoods in Wilmington, NC?
The most affordable neighborhoods in Wilmington are Forest Hills, where the average 1-bedroom apartment rent goes for $1,066, Southside, where renters pay $1,095 on average for a 1-bedroom apartment, and North College, where the average 1-bedroom apartment rent goes for $1,095. If you're looking for other great deals, check out the listings in College Park ($1,165 for a 1-bedroom apartment) or Winter Park ($1,166 for a 1-bedroom apartment), compared to the $1,466 average for an Wilmington 1-bedroom apartment.
What are the most expensive neighborhoods in Wilmington, NC?
The most expensive neighborhoods in Wilmington are College Acres - Hillsdale, where the average rent for a 1-bedroom apartment is just $2,348. offering similar apartments at an average of Downtown Wilmington, $2,255, and Echo Farms - Rivers Edge, $1,708. For additional value-for-money options, consider Landfall ($1,626 for a 1-bedroom apartment) or North Kerr ($1,597 for a 1-bedroom apartment). These prices represent a significant saving when compared to the Wilmington average for a 1-bedroom apartment, which stands at $1,466.
What are the most popular neighborhoods in Wilmington, NC?
The most popular neighborhoods in Wilmington are Winter Park, where the average 1-bedroom apartment rent goes for $1,166, Devon Park, where renters pay $1,399 on average for a 1-bedroom apartment, and College Acres - Hillsdale, where the average 1-bedroom apartment rent goes for $2,348. If you're looking for other popular neighborhoods, check out the listings in College Park ($1,165 for a 1-bedroom apartment) or South Wilmington Heights ($1,270 for a 1-bedroom apartment), compared to the $1,466 average for an Wilmington 1-bedroom apartment.
