Cheap Apartments for Rent in 28405
112 rentals
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Use arrow keys to navigateINCOME RESTRICTED$1,055 - $1,279/mo
1-3 Beds
1-2 BathsCypress Cove Apartments | 331 S Turners Run #8f3f16858,
Wilmington, NC 28405
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SPECIAL OFFERPET FRIENDLY$1,125 - $1,475/mo1-2 Beds1-2 BathsLofts of Wilmington | 5208 Ringo Dr #354-02,
Wilmington, NC 28405
PET FRIENDLY$1,209 - $1,488/mo1-2 Beds1-2 BathsDeerbrook Apartments | 703 Grathwol Dr #808-5,
Wilmington, NC 28405
SPECIAL OFFERPET FRIENDLY$1,216 - $1,737/mo1-3 Beds1-3 BathsNew Providence Park | 4413 Cohan Cir #4607-301,
Wilmington, NC 28405
SPECIAL OFFERPET FRIENDLY$1,217 - $1,664/mo2-3 Beds2 BathsMeridian Village | 2620 SE Northchase Pkwy #D-103,
Wilmington, NC 28405
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SPECIAL OFFERPET FRIENDLY$1,284 - $2,055/mo1-2 Beds1-2 BathsHawthorne at Murrayville | 5418 Sirius Dr #6-303,
Wilmington, NC 28405
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PET FRIENDLY$1,428 - $2,435/moStudio-2 Beds1-2 BathsMayfaire Flats | 1813 Sir Tyler Dr #1-212,
Wilmington, NC 28405
SPECIAL OFFERPET FRIENDLY$1,474 - $2,134/mo1-2 Beds1-2 BathsHawthorne at the Station | 531 Old Maccumber Station Rd #535-219,
Wilmington, NC 28405
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NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY$1,590 - $2,755/mo1-3 Beds1-2 BathsThe Reserve at Mayfaire | 1411 Parkview Cir #1217-204,
Wilmington, NC 28405
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Average Rent Trends in 28405
Rent in 28405 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,000 |
| Jul 2025 | $1,850 |
| Aug 2025 | $1,995 |
| Sep 2025 | $1,850 |
| Oct 2025 | $1,800 |
| Nov 2025 | $1,750 |
| Dec 2025 | $1,750 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,804 |
| Mar 2026 | $1,875 |
| Apr 2026 | $1,850 |
| May 2026 | $1,924 |
Average Rent By Bedroom and Home Type
In May 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 | $1,245 | $1,600 | $1,995 | $2,800 | $1,900 |
| Townhomes | — | $2,425 | $2,150 | $2,200 | $2,200 |
| Apartments and Condos | $1,000 | $1,575 | $1,700 | — | $1,600 |
| Houses | — | $1,700 | $2,200 | $2,900 | $2,300 |
Frequently Asked Questions about Rentals in 28405
- What is the average rent of an apartment in 28405?The average rent of an apartment in 28405 is $1,336 per month. This is about 31% lower than the national average.
- What is the average rent of a house in 28405?The average rent of a house in 28405 is $2,300 per month. This is about 19% higher than the national average.
- What is the average rent of a townhome in 28405?The average rent of a townhome in 28405 is $2,200 per month. This is about 14% higher than the national average.
- When is the average rent cheapest in 28405?In the last year, the average rent in 28405 was lowest in Nov 2025 when it was $1,750 per month.
- When is the average rent most expensive in 28405?In the last year, the average rent in 28405 was highest in Jan 2025 when it was $2,100 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 28405?The average rent of a 1 bedroom apartment in 28405 is $1,245 per month. That is about $220 more than the cost of a studio apartment.
- How many available rental listings are in 28405?There are 114 available rental listings in 28405.
- What are some cities near 28405?Some nearby cities include: Wilmington, Wrightsville Beach, Castle Hayne, Belville, Navassa, Rocky Point. These cities may have more rental options to explore.