Average Rent in Wilmington, NC (2026)

Typical asking rent in Wilmington is $1,720. Across the 6 ZIP codes with data it runs from $1,555 to $2,428, so which side of town you buy on matters as much as the city average. Data as of June 2026.

Median rent
$1,720
Average rent
$1,812
Lowest ZIP
$1,555
Highest ZIP
$2,428

Rent by ZIP code in Wilmington

ZIP codeCountyTypical rentvs city median
28409New Hanover County$2,428+41%
28411New Hanover County$1,799+5%
28403New Hanover County$1,754+2%
28405New Hanover County$1,685-2%
28401New Hanover County$1,648-4%
28412New Hanover County$1,555-10%

How to use these numbers

These are Zillow Observed Rent Index values, a smoothed measure of typical asking rent for single family homes, condos, and apartments in each ZIP code. They describe what units are listed for, not what any specific unit will get. Condition, bedroom count, and the exact block all move the number.

If you are underwriting a purchase, use the ZIP figure rather than the city median, and then verify against live listings for the same bedroom count before you commit. Wilmington sits in the Wilmington, NC metro area.

Other North Carolina cities

Would a rental in Wilmington cash flow?

Start the analyzer with the Wilmington median rent of $1,720 and add a real purchase price to see cash flow, cap rate, and cash-on-cash return.