Cheap Apartments for Rent in 28403
162 rentals
- ROOM FOR RENT
- PET FRIENDLY$1,040 - $1,175/mo1-2 Beds1-2 BathsColonial Parke Apartments | 5034-6 Hunt Club Rd,
Wilmington, NC 28403 - SPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLYTotal price$1,051 - $1,401/moStudio-2 Beds1-2 BathsChateau Terrace | 1201A Columbus Cir,
Wilmington, NC 28403 - PET FRIENDLY
- PET FRIENDLY
- $1,128 - $1,564/mo1-2 Beds1-2 BathsCypress Pointe Apartment Homes | 4861 College Acres Dr,
Wilmington, NC 28403 - $1,199 - $1,844/mo1-3 Beds1-3 BathsThe Reserve at Forest Hills | 361 Darlington Ave,
Wilmington, NC 28403 - $1,343 - $2,136/mo1-3 Beds1-2 BathsOne Midtown Apartment Homes | 2945 Midtown Way,
Wilmington, NC 28403 - $1,345 - $1,775/mo1-2 Beds1 BathVillage Green Apartment Homes | 820 N Macmillan Ave,
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Average Rent Trends in 28403
Rent in 28403 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Sep 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,862 |
| Nov 2025 | $1,817 |
| Dec 2025 | $1,800 |
| Jan 2026 | $1,813 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,795 |
| Apr 2026 | $1,795 |
| May 2026 | $1,900 |
| Jun 2026 | $1,895 |
| Jul 2026 | $1,950 |
| Aug 2026 | $1,875 |
| Sep 2026 | $1,900 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,292 | $1,558 | $1,995 | $2,800 | $1,847 |
| Townhomes | — | $1,825 | $1,995 | — | $1,995 |
| Apartments and Condos | $1,200 | $1,475 | $2,105 | $2,000 | $1,500 |
| Houses | $1,295 | $1,582 | $2,089 | $2,800 | $2,150 |
Frequently Asked Questions about Rentals in 28403
- What is the average rent of an apartment in 28403?The average rent of an apartment in 28403 is $1,437 per month. This is about 26% lower than the national average.
- What are the cheapest months to find an apartment to rent in 28403?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $1,800 per month.
- How many cheap apartments are available in 28403?There are 84 apartments to rent that are cheaper than the city’s average rent of $1,847.
- When is the average rent most expensive in 28403?In the last year, the average rent in 28403 was highest in Jun 2025 when it was $1,950 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 28403?The average rent of a 1 bedroom apartment in 28403 is $1,292 per month. That is about $49 less than the cost of a studio apartment.
- What are some cities near 28403?Some nearby cities include: Wilmington, Wrightsville Beach, Belville, Castle Hayne, Navassa, Winnabow. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 28403 - 513 Rentas | Trulia