The Pines of Wilmington
1002 Mayflower Dr,
Wilmington, NC 28412
1-3 Beds | $1,125 - $1,400
Rental Market Trends in Wilmington, NC
What is the average rent in Wilmington, NC?
$1,307/month
Average Rent
726 Sq Ft
Average Apartment Size
-1.4%
Decrease in the Last Year
As of December 2024, the average rent in Wilmington, NC is $1,307 per month. This is 16% lower than the national average rent of $1,560/month, making renting in Wilmington more affordable than most cities in the US. When you rent an apartment in Wilmington, you can expect to pay about $1,130 per month for a studio, $1,307 for a one-bedroom apartment, and around $1,569 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,902 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Wilmington, NC?
In the past year, rent has decreased by 1.4%, which averages out to $17 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Wilmington, NC
Last Updated December 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
1%
Below $700/month
5%
$700 - $1,000/month
51%
$1,001 - $1,500/month
36%
$1,501 - $2,000/month
6%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Wilmington?
Based on current rent prices, Windemere, College Acres and Kirkland are the most affordable neighborhoods in Wilmington.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Wilmington?
Based on current rent prices, Covil Estates, Downtown Wilmington and Landfall are the most expensive neighborhoods in Wilmington.
Neighborhood
Average Rent
Average Sq Ft
Which Wilmington neighborhoods have the most rentals available?
The neighborhoods in Wilmington with the most apartments available are Echo Farms, Silver Lake and Murraysville .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Wilmington, NC?
Because the average rent in Wilmington is $1,307, you’ll want to make about $4,356 per month or $52,272 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Wilmington, NC compare to other nearby cities and neighborhoods?
Use the tool below to compare Wilmington, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
-
$1,495/month
Two Bedroom
-
$1,897/month
Three Bedroom
-
$2,839/month
Apartment communities in Wilmington we think you'll love
Property Management Companies in Wilmington, NC
Tribute Properties, Inc.
-
27
Communities
-
6,301
Units
-
8
Cities
16 Communities in Wilmington
Hawthorne Residential Partners
-
255
Communities
-
61,944
Units
-
116
Cities
13 Communities in Wilmington
Drucker + Falk
-
148
Communities
-
35,253
Units
-
56
Cities
9 Communities in Wilmington
Greystar
-
3,191
Communities
-
884,840
Units
-
829
Cities
8 Communities in Wilmington
Bell Partners
-
257
Communities
-
81,820
Units
-
136
Cities
8 Communities in Wilmington
Willow Bridge
-
679
Communities
-
185,890
Units
-
310
Cities
3 Communities in Wilmington
Highmark Residential
-
225
Communities
-
64,209
Units
-
121
Cities
3 Communities in Wilmington
Southwood Realty Company
-
102
Communities
-
24,627
Units
-
58
Cities
3 Communities in Wilmington
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.