Rental numbers for the Wilmington, NC metro
The typical home here runs -$1,659 a month at 7.78% with 25% down. 0 of 9 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.2%.
- Gross yield
- 4.7%
- typical home, Zillow
- Median ZIP yield
- 5.2%
- 9 ZIPs with full data
- Cash flow
- -$1,659/mo
- at 7.78%, 25% down
- Typical price
- $445,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,734/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
18 with published figures
| 28447Ivanhoe | $178,000 | $980* | 6.6% | 2.9% | -$523 | n/a |
| 28401Wilmington | $331,000 | $1,670 | 6.1% | 3.0% | -$940 | +5.7% |
| 28429Castle Hayne | $369,000 | $1,824 | 5.9% | 3.0% | -$1,051 | n/a |
| 28405Wilmington | $375,000 | $1,738 | 5.6% | 2.7% | -$1,165 | +4.6% |
| 28466Wallace | $218,000 | $980* | 5.4% | 1.9% | -$824 | n/a |
| 28421Atkinson | $223,000 | $980* | 5.3% | 1.6% | -$912 | n/a |
| 28403Wilmington | $398,000 | $1,733 | 5.2% | 2.4% | -$1,361 | +4.8% |
| 28478Willard | $225,000 | $980* | 5.2% | 1.9% | -$861 | n/a |
| 28409Wilmington | $514,000 | $2,222 | 5.2% | 2.5% | -$1,692 | +1.8% |
| 28435Currie | $251,000 | $1,080* | 5.2% | 1.8% | -$966 | n/a |
| 28412Wilmington | $393,000 | $1,567 | 4.8% | 2.1% | -$1,436 | +1.4% |
| 28443Hampstead | $493,000 | $1,949 | 4.7% | 2.1% | -$1,814 | +8.8% |
| 28411Wilmington | $468,000 | $1,842 | 4.7% | 2.2% | -$1,674 | +4.9% |
| 28428Carolina Beach | $601,000 | $2,261 | 4.5% | 2.1% | -$2,203 | n/a |
| 28425Burgaw | $289,000 | $1,010* | 4.2% | 1.3% | -$1,249 | n/a |
| 28457Rocky Point | $374,000 | $990* | 3.2% | 0.5% | -$1,855 | n/a |
| 28449Kure Beach | $755,000 | $1,760* | 2.8% | 0.6% | -$3,674 | n/a |
| 28480Wrightsville Beach | $1,754,000 | $2,470* | 1.7% | -0.2% | -$9,694 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.4%
- Rent, 12 months
- +4.5%
- Rent minus price growth
- +4.1 pts
- Property tax
- 0.59%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $343,465 | $1,375 |
| Aug 2022 | $408,077 | $1,642 |
| Aug 2023 | $429,813 | $1,642 |
| Aug 2024 | $444,851 | $1,647 |
| Aug 2025 | $443,661 | $1,660 |
| Aug 2026 | $445,278 | $1,734 |
Counties
- New Hanover County, NC5.2% median yield
- Pender County, NC4.7% median yield
- Bladen County, NCn/a median yield
- Duplin County, NCn/a median yield
Tools
Test a listing in the Wilmington, NC area against today's rate.
Open the calculatorQuestions
- Is the Wilmington, NC metro good for rental property?
- The typical home here runs -$1,659 a month at 7.78% with 25% down. 0 of 9 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.2%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Wilmington, NC metro have the highest rental yield?
- 28401 (Wilmington) at 6.1%, 28429 (Castle Hayne) at 5.9%, 28405 (Wilmington) at 5.6%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.