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Average Rent in Wilmington, NC & Rent Trends

Rent prices and market trends across 11 apartment communities in Wilmington, NC. Updated daily.

Market Average

$1,438/mo

▲ +2.2% from last month

Lowest Available

$924/mo

cheapest unit on market

Communities

11

tracked daily

Units Listed

143

available now

Rent by Neighborhood in Wilmington, NC

Compare average rent across Wilmington, NC neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Wilmington 28401 $1,794 $1,406 3 33
Audubon $1,371 $924 6 79
Wilmington 28405 $1,232 $1,028 2 31

Is Rent Going Up or Down in Wilmington, NC?

As of June 2026, the average rent in Wilmington, NC is $1,438 per month across 11 apartment communities and 143 available units. Rents have increased $32 (2.2%) over the past month.

The most affordable option is Elevation - Tribute Student Living starting at $924/mo. By unit type, a studio averages $1,112/mo, a 1-bedroom averages $1,354/mo, a 2-bedroom averages $1,547/mo, a 3-bedroom averages $1,896/mo, a 4-bedroom averages $939/mo.

Prices range from $924 to $3,539 per month. The most common price point is the $1,000 range, where 38 units are currently listed.

Wilmington, NC Rent Price History

Window

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Wilmington, NC

Studio
$1,112
from $1,028 · 18 units
1 Bed
$1,354
from $1,032 · 59 units
2 Bed
$1,547
from $959 · 50 units
3 Bed
$1,896
from $924 · 14 units
4 Bed
$939
from $939 · 2 units

Rent Prices by Apartment in Wilmington, NC

Property Starting at Average Units Rating
Elevation - Tribute Student Living $924/mo $1,063/mo 12 4.6
Flats at Market Street $1,028/mo $1,063/mo 15 3.9
Hawthorne at New Centre $1,032/mo $1,322/mo 27 4.4
Deerbrook $1,099/mo $1,390/mo 16 4.7
Hawthorne Commons $1,132/mo $1,220/mo 8 4.4
Wilmington Realty Property Management $1,200/mo $1,664/mo 9 4.4
One Midtown Apartment Homes $1,290/mo $1,492/mo 18 4.8

Frequently Asked Questions About Rent in Wilmington, NC

What is the average rent in Wilmington, NC?

The average rent in Wilmington, NC is $1,438 per month as of June 2026, based on 143 units across 11 apartment communities.

Is rent going up or down in Wilmington, NC?

Rent in Wilmington, NC has increased $32 (2.2%) over the past month. The current average is $1,438/mo.

What is the cheapest apartment in Wilmington, NC?

The most affordable apartment in Wilmington, NC is Elevation - Tribute Student Living with units starting at $924/mo.

How much is a 1-bedroom apartment in Wilmington, NC?

A 1-bedroom apartment in Wilmington, NC averages $1,354/mo, with prices starting at $1,032/mo across 59 available units.

How many apartments are available in Wilmington, NC?

There are 143 units available across 11 apartment communities in Wilmington, NC.

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

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$58,000/year

Based on the 30 percent rule, using our tracked average rent of $1,438/mo.

Comfortable income

$69,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($924/mo), you need to earn at least $37,000/year.

Median household income in Wilmington, NC is $63,900 , about 7% below the comfortable-living threshold.

Cost of living in Wilmington, NC

Overall prices in Wilmington, NC runs below the national average by about 5% (BEA Regional Price Parity index 95.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Wilmington, NC's regional price parities.

Category Monthly estimate
Rent (market average) $1,438
Utilities $378
Groceries $523
Transportation $900
Healthcare $439
Other goods and services $703
Estimated total $4,380/mo

Population

118,578

Median household income

$63,900

Census median rent

$1,311/mo

Rent as % of income

32.1%

Median age

37.5

Mean commute

19 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

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