Cheap Apartments for Rent in 28516
27 rentals
- APPLY INSTANTLY
- PET FRIENDLY
- NEW - 1 DAY AGOAPPLY INSTANTLY
- PET FRIENDLY
- APPLY INSTANTLYPET FRIENDLY
Save Search in 28516
28516Get emails when new homes match this search
Apartments For Rent Near 28516
We found 30 more apartments matching your filters just outside 28516
- SENIOR HOUSINGINCOME RESTRICTED
- PET FRIENDLY
- $1,533 - $2,049/mo1-3 Beds1-3 BathsThe Preserve at Carteret Place | 4005 Galantis Dr #304F,
Morehead City, NC 28557 - $1,675 - $2,175/mo1-2 Beds1-2 BathsArbors at Morehead City | 4000 Galantis Dr #D310,
Morehead City, NC 28557 - Total price$1,700 - $2,015/mo1-2 Beds1-2 BathsThe Dunes at Coastal Point | 211 Coastal Point Dr #219-102,
Atlantic Beach, NC 28512
Average Rent Trends in 28516
Rent in 28516 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 May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,500 |
| Jul 2025 | $2,200 |
| Aug 2025 | $2,100 |
| Sep 2025 | $2,500 |
| Oct 2025 | $2,300 |
| Nov 2025 | $1,950 |
| Dec 2025 | $1,950 |
| Jan 2026 | $2,000 |
| Feb 2026 | $2,000 |
| Mar 2026 | $2,400 |
| Apr 2026 | $2,250 |
| May 2026 | $2,400 |
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 | $1,100 | $2,200 | $2,400 | $3,250 | $2,400 |
| Townhomes | — | — | $2,400 | — | $2,400 |
| Apartments and Condos | $1,100 | $1,925 | $1,900 | — | $1,900 |
| Houses | $1,500 | $2,200 | $2,400 | $3,250 | $2,400 |
Frequently Asked Questions about Rentals in 28516
- What is the average rent of an apartment in 28516?The average rent of an apartment in 28516 is $1,900 per month. This is about 2% lower than the national average.
- What is the average rent of a house in 28516?The average rent of a house in 28516 is $2,400 per month. This is about 24% higher than the national average.
- What is the average rent of a townhome in 28516?The average rent of a townhome in 28516 is $2,400 per month. This is about 24% higher than the national average.
- When is the average rent cheapest in 28516?In the last year, the average rent in 28516 was lowest in Nov 2025 when it was $1,950 per month.
- When is the average rent most expensive in 28516?In the last year, the average rent in 28516 was highest in May 2025 when it was $2,500 per month.
- How many available rental listings are in 28516?There are 31 available rental listings in 28516.
- What are some cities near 28516?