86 Apartments for rent in Wilmington, NC

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Last updated December 13 at 3:16am UTC
310 BUCKHURST DRIVE
West Bay Estates
Wilmington, NC
Updated December 1 at 12:00pm UTC
3 Bedrooms
$1,450
1 N. Front Street
Downtown Wilmington
Wilmington, NC
Updated December 6 at 11:02am UTC
1 Bedroom
$1,350
727 Montclair Drive
Devon Park
Wilmington, NC
Updated November 30 at 12:22pm UTC
2 Bedrooms
$825
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City Guide
Wilmington
The Who, What, Where, and How Much of Wilmington Neighborhoods:

Ogden: A nautical neighborhood, Ogden has plenty of rental homes, apartments, and townhomes (one bedrooms run for around $700 - $900). Ogden is adored because of its proximity to the beach, as well as shopping and entertainment. There is also always something happening in Ogden, including community-wide festivals.

Silver Lake: This area is comprised of single family homes (often large three and four bedroom) and apartment buildings. The appeal of this area is that it is close enough to the water for quick access, but also inland enough to be considered suburbia. Many of the apartments around here offer short term lease options and great amenities (pool, deck, 24-hour gym, indoor pools, Wi-Fi, etc.). The area is also close enough to major highways (421, 117) to make your commute a bit easier. A two bedroom apartment in this area is typically priced around $700 - $800 a month.

Masonboro: This coastal neighborhood is made up of dwelling styles. Part nautical lifestyle, part urban lifestyle, Masonboro is an area coveted by many. Rental homes here tend to be larger, with multiple bedrooms and big, beautiful yards. One bedroom apartments are available for about $650, 2 bedroom apartments for $900.

Greenville Loop: In case you haven't noticed, Wilmington is much more than just a coastal city.There are many different apartment communities to choose from (in addition to single family homes). Its proximity to Empie Park, Highway I-40, and Wrightsville Beach is enough to make this neighborhood coveted, but it doesn’t hurt that the apartment living around here is chock full of amenities. Private patios, upgraded/gourmet kitchens, volleyball courts, washer and dryer units — you name it, the apartments for rent here provide it.

Downtown: This historic area is one of the largest in the country. Devoting a mile to the Riverwalk, Downtown Wimington has gone through a true resurgence. Old warehouses and buildings have been knocked down to make room for art museums, dining, and shopping. Living down here puts residents in the heart of the city’s cultural area. It also gives you prime access to the riverfront, holiday and art/music festivals, and proximity to downtown businesses. Residences here consist mainly of older homes, condos, and newer apartments. Living in the heart of downtown, you can expect to pay a bit more (about $1,000 a month for a one bedroom or studio apartment) but farther from the water prices tend to go down ($700 - $800 a month for a one bedroom).

Transportation:

Wilmington residents with their own set of wheels depend on a few local, state, and major highways to get around. US-17 runs from Wilmington, NC to Jacksonville, FL and is great for long road trips. Locally, folks tend to rely on US 74 & 76, which will connect you to the area beaches (Wrightsville, Carolina, Kure), as well as state highways 132/133. The major highway used to get in and around the city of Wilmington is I-40.

Wilmington is the type of town that beckons you to settle down and create your own Home Sweet Home. It may be a movie star, but there is no ego. It may be coastal, but it’s no seasonal beach town. It is home to five local theaters. It is riverfront property that makes for a fantastic morning view. You see, Wilmington is not one thing. It is everything. Wilmington welcomes you! Best of luck finding your new apartment to call home.

-By Katy Comal

Rent Report
Wilmington

December 2017 Wilmington Rent Report

Welcome to the December 2017 Wilmington Rent Report. Wilmington rents declined over the past month. In this report, we'll evaluate trends in the Wilmington rental market, including comparisons to cities throughout the state and nation.

Wilmington rents declined over the past month

Wilmington rents have declined 1.2% over the past month, but are up moderately by 3.6% in comparison to the same time last year. Currently, median rents in Wilmington stand at $710 for a one-bedroom apartment and $900 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in September. Wilmington's year-over-year rent growth leads the state average of 3.3%, as well as the national average of 2.7%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Wilmington, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, all of them have seen prices rise. The state as a whole logged rent growth of 3.3% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,210; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Fayetteville experiencing the fastest growth (+5.2%).
  • Winston-Salem, Asheville, and Wilmington have all experienced year-over-year growth above the state average (4.5%, 3.7%, and 3.6%, respectively).

Wilmington rents more affordable than many large cities nationwide

As rents have increased moderately in Wilmington, large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Wilmington is still more affordable than most large cities across the country.

  • Wilmington's median two-bedroom rent of $900 is below the national average of $1,160. Nationwide, rents have grown by 2.7% over the past year compared to the 3.6% rise in Wilmington.
  • While Wilmington's rents rose moderately over the past year, some cities nationwide saw decreases, including Miami (-0.4%) and New York (-0.1%).
  • Renters will find more reasonable prices in Wilmington than most large cities. For example, San Francisco has a median 2BR rent of $3,050, which is nearly three-and-a-half times the price in Wilmington.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.