Rental market snapshot for Wilmington, North Carolina

Wilmington, North Carolina Rental Property Market Overview

Wilmington, North Carolina is a vibrant coastal city located in New Hanover County. As of 2021, the US Census estimates the population of Wilmington to be 117,643. This city is known for its historic downtown, beautiful beaches, and diverse culture. Wilmington is home to a variety of attractions, including the USS North Carolina Battleship Memorial, the Cape Fear Museum of History and Science, and the Wilmington Railroad Museum. With its unique combination of history, culture, and natural beauty, Wilmington is an ideal destination for visitors and residents alike. (Source: US Census, 2021)

The average rent for an apartment in Wilmington is $1,684. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 1.1% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Wilmington North Carolina | Cost of Living

  • The most expensive ZIP Code in Wilmington is 28409 with an average price of $2,078
  • The cheapest ZIP Code in Wilmington is 28412 with an average price of $1,366

Wilmington ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
128409$2,078
228403$1,800
328411$1,775
428405$1,735
528401$1,720
628412$1,645

Live near Wilmington, North Carolina's Top Sights and Attractions

Hugh Macrae Park is a sprawling, picturesque park located in a suburban area. It features a variety of recreational activities, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a popular spot for families and friends to gather and enjoy the outdoors.

Greenfield Park And Gardens is a beautiful outdoor attraction located in Wilmington, North Carolina. It features a variety of lush gardens, including a rose garden, a butterfly garden, and a Japanese garden. There is also a lake with a walking path around it, a playground, and picnic areas. The park also hosts a variety of events throughout the year, including concerts, festivals, and outdoor movies.

Robert Strange Park is a beautiful outdoor space located on the banks of the Cape Fear River. Visitors can enjoy a variety of activities, such as walking along the riverfront boardwalk, fishing from the pier, or picnicking in the grassy areas. The park also features a playground, a boat launch, and a variety of sports courts. The park is a great spot for a relaxing day outdoors, with plenty of opportunities to take in the stunning views of the river.

North Waterfront Park is a scenic waterfront park located on the banks of the Cape Fear River. It features a boardwalk, fishing pier, picnic areas, and a playground. The park also offers stunning views of the river, the downtown skyline, and the historic battleship USS North Carolina. Visitors can take a leisurely stroll along the boardwalk, relax in the picnic areas, or take a boat ride down the river. The park is a great spot for families to spend a day outdoors and enjoy the natural beauty of Wilmington.

The William Hooper Historical Marker is a monument located in Wilmington, North Carolina. It commemorates the life and legacy of William Hooper, a signer of the Declaration of Independence. The marker is a bronze plaque mounted on a granite boulder, and is located in a small park near the Cape Fear River. The plaque features a portrait of Hooper and a brief description of his life and accomplishments. The marker is a popular tourist attraction, and is a reminder of the city's rich history and its role in the American Revolution.

Maides Park is a beautiful outdoor space located in the heart of Wilmington, North Carolina. The park features a large lake, lush green lawns, and a variety of trees and shrubs. Visitors can enjoy a variety of activities such as fishing, boating, picnicking, and walking trails. The park also features a playground, a gazebo, and a pavilion. Maides Park is a great place to relax and take in the beauty of nature.

Innis Park is a beautiful park located in Wilmington, North Carolina. It features a large lake with a fountain, a playground, and a walking trail. The park also has a picnic area, a gazebo, and a fishing pier. The park is a great place to relax, take a stroll, or have a picnic. It is a popular spot for families and visitors alike.

Flemington Soccerplex is a premier outdoor sports complex located in Wilmington, North Carolina. It features five full-size soccer fields, two of which are lighted for night play, and a concession stand. The complex also offers a playground, picnic area, and a walking trail. It is the perfect place for soccer enthusiasts of all ages to come together and enjoy the game.

Anne Mccrary Park is a beautiful outdoor space located in Wilmington, North Carolina. It features a large lake, walking trails, and plenty of green space for picnics and other activities. The park also has a playground, basketball court, and a gazebo. Visitors can also enjoy fishing, canoeing, and kayaking on the lake. The park is a great place to spend a day outdoors with family and friends.

Empie Park is a beautiful waterfront park located on the banks of the Cape Fear River. It features a large grassy area with plenty of room for picnics and outdoor activities, as well as a boardwalk that runs along the river, providing stunning views of the water. There are also several amenities, including a playground, a boat launch, and a fishing pier. The park is a great place to relax and enjoy the natural beauty of the area.

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Wilmington, North Carolina area median rent change by ZIP Code map

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How does Wilmington compare to other cities in North Carolina ?

citymedian price
Carrboro$1,500
Midland$1,905
Clemmons$1,725
Durham$1,765
Stallings$1,895
Leland$1,650
Matthews$1,895
Four Oaks$1,850

Average household income in Wilmington area graph - US Census

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The median household income in Wilmington in 2021 was $51,137. This represents a 28.6% change from 2011 when the median was $39,764.

#categorypercent
0Less than $10,0009.8%
1$10,000 to $14,9995.6%
2$15,000 to $19,9994.3%
3$20,000 to $24,9996.7%
4$25,000 to $29,9994.7%
5$30,000 to $34,9995.2%
6$35,000 to $39,9994.2%
7$40,000 to $44,9994.3%
8$45,000 to $49,9994.1%
9$50,000 to $59,9998.4%
10$60,000 to $74,9999.8%
11$75,000 to $99,99910.0%
12$100,000 to $124,9997.2%
13$125,000 to $149,9994.3%
14$150,000 to $199,9994.4%
15$200,000 or more6.9%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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