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22 1 Bedroom Apartments for rent in Wilmington, NC

Last updated December 13 at 8:31am UTC
Hawthorne Centre North
5208 Ringo Dr
Wilmington, NC
Updated December 13 at 4:16am UTC
1 Bedroom
$795
The Preserve at Pine Valley
3314 Wickslow Rd
Wilmington, NC
Updated December 13 at 4:16am UTC
1 Bedroom
$795
715 4th Street
Downtown Wilmington
Wilmington, NC
Updated December 13 at 1:46am UTC
1 Bedroom
$1,550
7225 Wrightsville Ave unit 305
Wilmington
Wilmington, NC
Updated December 1 at 11:40am UTC
1 Bedroom
$1,610
215 Princess Street
Downtown Wilmington
Wilmington, NC
Updated November 21 at 11:21am UTC
1 Bedroom
$1,595
Results within 5 miles of Wilmington, NC
Brunswick Point
1001 Hunterstone Dr
Leland, NC
Updated December 13 at 4:17am UTC
1 Bedroom
$895
1136 Marilla Drive NE
Leland
Leland, NC
Updated December 3 at 12:38pm UTC
1 Bedroom
$700
Results within 10 miles of Wilmington, NC
213 South 2nd St
Downtown Wilmington
Wilmington, NC
Updated December 12 at 7:39pm UTC
1 Bedroom
$1,500

December 2018 Wilmington Rent Report

Welcome to the December 2018 Wilmington Rent Report. Wilmington rents increased 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.

View full Wilmington Rent Report
Rent Report
Wilmington

December 2018 Wilmington Rent Report

Welcome to the December 2018 Wilmington Rent Report. Wilmington rents increased 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 increased significantly over the past month

Wilmington rents have increased 0.4% over the past month, and are up significantly by 5.2% in comparison to the same time last year. Currently, median rents in Wilmington stand at $750 for a one-bedroom apartment and $940 for a two-bedroom. This is the twelfth straight month that the city has seen rent increases after a decline in November of last year. Wilmington's year-over-year rent growth leads the state average of 1.6%, as well as the national average of 1.3%.

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 1.6% 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 $1,250; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Wilmington experiencing the fastest growth (+5.2%).
  • High Point, Asheville, and Cary have all experienced year-over-year growth above the state average (4.0%, 3.0%, and 2.9%, respectively).

Wilmington rents more affordable than many large cities nationwide

As rents have increased significantly in Wilmington, a few 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 $940 is below the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 5.2% rise in Wilmington.
  • While Wilmington's rents rose significantly over the past year, the city of Seattle saw a decrease of 0.4%.
  • Renters will find more reasonable prices in Wilmington than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than three 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.