Cheap Apartments for Rent in 28401
150 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYINCOME RESTRICTED$943 - $1,307/mo
1-3 Beds
1 BathLakeside Villas Apartments | 1519 Lake Branch Dr,
Wilmington, NC 28401
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SPECIAL OFFERPET FRIENDLY$1,289 - $3,198/moStudio-2 Beds1-2 BathsMetropolitan at the Riverwalk | 19 Harnett St,
Wilmington, NC 28401
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$1,300 - $1,500/mo2-3 Beds1-3 BathsNew Hanover Village Apartments | 2402 Flint Dr,
Wilmington, NC 28401
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PET FRIENDLYTotal price$1,379 - $1,569/mo2-3 Beds2 BathsGlenmeade Village | 1518 Village Dr,
Wilmington, NC 28401
PET FRIENDLYTotal price$1,385 - $1,635/mo2-3 Beds2 BathsCanterbury Woods | 2320 Canterwood Dr,
Wilmington, NC 28401
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Average Rent Trends in 28401
Rent in 28401 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,700 |
| Dec 2025 | $1,725 |
| Jan 2026 | $1,750 |
| Feb 2026 | $1,750 |
| Mar 2026 | $1,700 |
| Apr 2026 | $1,734 |
| May 2026 | $1,800 |
| Jun 2026 | $1,700 |
| Jul 2026 | $1,700 |
| Aug 2026 | $1,750 |
| Sep 2026 | $1,750 |
| Oct 2026 | $1,850 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,450 | $1,600 | $1,950 | $2,400 | $1,700 |
| Townhomes | $2,350 | $2,450 | $2,100 | $2,500 | $2,350 |
| Apartments and Condos | $1,475 | $1,600 | $1,667 | — | $1,600 |
| Houses | $1,800 | $1,600 | $2,100 | $2,400 | $2,000 |
Frequently Asked Questions about Rentals in 28401
- What is the average rent of an apartment in 28401?The average rent of an apartment in 28401 is $1,794 per month. This is about 7% lower than the national average.
- What are the cheapest months to find an apartment to rent in 28401?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,695 per month.
- How many cheap apartments are available in 28401?There are 80 apartments to rent that are cheaper than the city’s average rent of $1,700.
- When is the average rent most expensive in 28401?In the last year, the average rent in 28401 was highest in Feb 2025 when it was $1,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 28401?The average rent of a 1 bedroom apartment in 28401 is $1,450 per month. That is about $325 more than the cost of a studio apartment.
- What are some cities near 28401?Some nearby cities include: Navassa, Belville, Castle Hayne, Wilmington, Leland, Northwest. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 28401 - 294 Rentas | Trulia