Cheap Apartments for Rent in 28405
90 rentals
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- INCOME RESTRICTED$1,055 - $1,279/mo1-3 Beds1-2 BathsCypress Cove Apartments | 331 S Turners Run,
Wilmington, NC 28405 - NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
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- NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY
- $1,752 - $2,780/mo1-2 Beds1-2 BathsThe Reserve at Mayfaire | 1411 Parkview Cir,
Wilmington, NC 28405 Save Search in 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 stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,750 |
| Dec 2025 | $1,750 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,803 |
| Mar 2026 | $1,875 |
| Apr 2026 | $1,850 |
| May 2026 | $1,923 |
| Jun 2026 | $1,887 |
| Jul 2026 | $2,000 |
| Aug 2026 | $1,900 |
| Sep 2026 | $1,900 |
| Oct 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 Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,519 | $1,459 | $1,995 | $2,400 | $1,900 |
| Townhomes | — | $1,400 | $2,500 | $2,400 | $2,495 |
| Apartments and Condos | — | $1,400 | $1,695 | — | $1,600 |
| Houses | $1,600 | $1,450 | $2,200 | $2,400 | $2,200 |
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 $1,541 per month. This is about 21% lower than the national average.
- What are the cheapest months to find an apartment to rent in 28405?Last year, the cheapest month to find an apartment to rent was Nov 2025 when it was $1,750 per month.
- How many cheap apartments are available in 28405?There are 50 apartments to rent that are cheaper than the city’s average rent of $1,900.
- 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 $1,519 per month. That is about $54 less than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en 28405 - 189 Rentas | Trulia