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Apartments for Rent in Wilmington, NC 28403

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What to Know About

Living in 28403

Wilmington is known for its historic downtown area, which features many 19th-century buildings and homes, as well as its beautiful beaches and waterways. The city is home to several major universities, including the University of North Carolina at Wilmington and Cape Fear Community College. In addition, take in the city's cultural landmarks, such as the Bellamy Mansion Museum, Wilmington Railroad Museum, the Cape Fear Museum of History and Science, and the USS North Carolina Battleship Memorial, which pays tribute to the World War II battleship.

Get closer to nature by exploring the beauty of Wilmington's parks and waterways, such as the Wilmington Riverwalk, Airlie Gardens, the Carolina Beach State Park, and Wrightsville Beach, thus relishing yourself with surfing, paddleboarding, and kayaking. In addition, Wilmington is home to stunning beach vistas, a thriving craft beer scene, and lively life, hosting the Cucalorus Film Festival, the fantastic Carolina Beach Music Festival, and the Riverfest festival.

Wilmington is a great place to live where you can enjoy a picturesque waterfront, stroll through a charming downtown filled with film history, discover coastal treasures, and indulge in fresh seafood, all while surrounded by friendly locals who value a strong sense of community.

Rental Market Trends

Wilmington, NC

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As of October 2026, Wilmington's rental market is balanced, with rentals spending about 46 days on the market, slower than in North Carolina (35), and rents up 3.4% over the past year. Wilmington's average rent is 9.1% ($159) higher than the North Carolina average of $1,745 and 8.5% ($178) lower than the U.S. average of $2,082.

Average Rent
$1,904
Monthly ChangeMonth Over Month Change
Increased0.53% ($10)
Yearly ChangeYear Over Year Change
Increased3.4% ($62)
Days on Market
46
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,474 Increased0.78% ($11) Increased6.1% ($85)
2 Beds $1,763 Increased0.52% ($9) Increased2.2% ($37)
3 Beds $2,171 Increased0.27% ($6) Increased2.3% ($49)
Nearby Cities Average Rent Avg. Rent vs. WilmingtonAverage Rent vs. Wilmington Days on Market
Wrightsville Beach $3,230 Increased69.6% ($1,326) 41 days
Castle Hayne $1,756 Decreased7.8% ($148) 41 days
Leland $1,905 Increased0.1% ($1) 38 days
Winnabow $1,998 Increased4.9% ($94) 42 days
Carolina Beach $2,563 Increased34.6% ($659) 40 days
Based on rentals advertised on RentalSource in and around Wilmington.
Frequently Asked Questions
Wilmington Rental Market FAQs

Explore rental prices, market conditions, and affordability in Wilmington, NC.

The average rent in Wilmington, NC is $1,904 per month.
In Wilmington, the average rent is $1,474 per month for a 1-bedroom apartment, $1,763 for a 2-bedroom apartment and $2,171 for a 3-bedroom apartment.
The average rent in Wilmington is 8.5% ($178) lower than the national average of $2,082 per month.
The rental market in Wilmington, NC is currently balanced, with rentals spending about 46 days on the market, slower than in North Carolina (35), and rents up 3.4% over the past year.
Based on the current averages, a household would need an annual income of $70,500 to comfortably afford a 2-bedroom apartment in Wilmington.
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