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ZIP Code · NC

ZIP 28409

Pop. 36,163·New Hanover County·5th most expensive ZIP in North Carolina
Median rent (all units)
$2,428/mo
Year-over-Year
+15.7%
Month-over-Month
+3.0%
vs US Median
+$463
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 28409 · $2,428
More expensive than 77% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,350
1 BR
$1,790
2 BR
$1,960
3 BR
$2,570
4 BR+
$2,740
Research median
$1,960/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$29,136/yr
At $2,428/mo median
Location
StateNC
CountyNew Hanover County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 15.7% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+15.7% YoY, +3.0% MoM), not inventory.
Demographics

Who lives here

ZIP 28409 (Wilmington, NC) is majority owner-occupied, has a median income above the national average, 50.9% of residents hold a bachelor's degree or higher.

Population
36,163
Median income
$111,048
Median age
43.2
Renters
15.6%
Age distribution
22.9%
14.2%
29.3%
13.7%
19.9%
Under 1822.9%
18–3414.2%
35–5429.3%
55–6413.7%
65+19.9%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
85.8%
White85.8%
Black3.7%
Hispanic6.3%
Asian1.1%
Other3.1%
Education (25+)
14.6%
30.6%
50.9%
No HS diploma3.9%
HS diploma14.6%
Some college30.6%
Bachelor's+50.9%
Housing tenure
84.4%
15.6%
Owner84.4%
Renter15.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 28409 in Wilmington, NC has changed in 5 years

Income
$95,772 → $111,048
up 16.0%
Population
34,273 → 36,163
up 5.5%
Renter share
17.7% → 15.6%
-2.1 pts
Bachelor's+
50.3% → 50.9%
+0.6 pts
Median age
42.4 → 43.2
+0.8 yrs

Census figures show median household income at $111,048 today, compared with $95,772 five years earlier. The population has grown by 5.5% since 2021, moving from about 34,273 residents to roughly 36,163. Renters now make up 15.6% of households, compared with 17.7% five years ago.

Community

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Local insights

Tips for renters in ZIP 28409

About renting in ZIP 28409

Last updated: July 20, 2026

ZIP code 28409 covers Wilmington, NC. The median rent here is $2,428/mo as of July 2026. A 1-bedroom rents for a median of $1,790/mo. A 2-bedroom rents for a median of $1,960/mo.

At 26% of local median household income ($111,048/yr), ZIP 28409 ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 28409?

As of July 20, 2026, the median monthly rent in ZIP 28409 (Wilmington, NC) is $2,428. This is based on aggregated data from public sources and community submissions.

How does ZIP 28409 rent compare to the US average?

ZIP 28409's median rent of $2,428/mo is $463 (24%) above the US national median of $1,965/mo.

How does ZIP 28409 compare to other ZIPs in North Carolina?

ZIP 28409 is one of the pricier ZIP codes in North Carolina, ranking #5 out of 227 ZIPs tracked at $2,428/mo.

How much income do you need to rent in ZIP 28409?

To keep rent at or below 30% of gross income, you would need to earn at least $97,000/year (~$47/hour full-time) to afford the median rent of $2,428/mo in ZIP 28409. The local median household income is $111,048/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 28409?

Rent in ZIP 28409 has increased 15.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 28409 an affordable place to rent?

ZIP 28409 is considered affordable for renters. At $2,428/mo, rent takes approximately 26% of the local median household income ($111,048/yr). The standard benchmark is 30%. ZIP 28409 falls comfortably within that range.

What percentage of ZIP 28409 residents rent vs. own?

According to Census data, approximately 15.6% of ZIP 28409 households are renters, while 84.4% are owner-occupied. ZIP 28409 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 28409 compare to the rest of Wilmington?

ZIP 28409 is pricier than Wilmington as a whole. At $2,428/mo, it's $734 above the Wilmington citywide median of $1,694/mo.

When was rent data for ZIP 28409 last updated?

Rent data for ZIP 28409 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $2,428/mo, rent takes ~26% of ZIP 28409's median household income ($111,048/yr). The standard benchmark is 30%.

ZIP 28409 26%Benchmark 30%
State income tax4.5%
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Schools nearby

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