Rental prices in Downtown Wilmington, Wilmington, NC have decreased by 5.63% over the past year. The average rent moved from $1,785 to $1,684.
The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Wilmington, Wilmington, NC is $1,684.
The average monthly rent for an apartment in Downtown Wilmington, Wilmington, NC is around $1,684.
A share of 29% of apartments in Downtown Wilmington, Wilmington, NC have the cheapest rents between $1,001-$1,500. Around 1% of rentals are $2,501-$3,000. Around 61% of Downtown Wilmington's apartments have monthly rents between $1,501-$2,000. There are 8% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Downtown Wilmington, Wilmington, NC (61%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Downtown Wilmington, Wilmington, NC is $1,663.
In Downtown Wilmington 60% of the housing is rented out compared to 40% of homes are owned, according to the most recent Census Bureau estimates. 16% of Downtown Wilmington's apartments are found in large buildings of 50 units or more, 48% are located in smaller apartment complexes with less than 50 units, and 33% are single-family rentals.
In total, Downtown Wilmington, Wilmington, NC has 1,565 residents, 839 women and 726 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Wilmington’s population is 41.
There is a total of 773 households in Downtown Wilmington, Wilmington, NC. Of these, 110 have children and 663 are without children. Per Census Bureau’s most current estimates, 318 family households and 455 non-family households live in this area. The size of a household in Downtown Wilmington is 1 people, on average. The median household annual income in Downtown Wilmington equals $52,159, and the monthly housing costs equal $1,191.
According to data from the U.S. Census Bureau, 3% of the population in Downtown Wilmington, Wilmington, NC have no high school education, 34% went to high-school, and 20% have partially completed college. Moreover, 10% of the population hold an Associate Degree, 20% hold a Bachelor Degree, and 12% hold a Graduate Degree.
