BRRRR ★ MARKETS
40STAR SCORE

Wilmington, NC rental market data (2026)

As of September 2026, the typical home in the Wilmington metro costs $443,118 and typical rent is $1,744/month — a price-to-rent ratio of 21 and a gross rental yield of 4.7%. Wilmington scores 40/100 on the Star Score index, ranking #174 of 174 tracked US rental markets.

The Wilmington metro posts a price-to-rent ratio of 21 on a typical home value of $443,118 and typical rent of $1,744/month — a gross rental yield of 4.7% before expenses. Factor scores below show how it stacks up on landlord law, taxes, growth and risk.

New to this? The price-to-rent ratio is the home price divided by a year of rent — lower means rents are big relative to prices, which favors landlords. Gross yield is a year of rent as a % of the price, before expenses. BRRRR = Buy, Rehab, Rent, Refinance, Repeat: buy below market, fix it, rent it, then refinance to pull your cash back out and buy the next one. Full walkthrough in the beginner's guide.

Key numbers

MetricValue
Typical home value (ZHVI)$443,118
Typical rent (ZORI)$1,744/mo
Price-to-rent ratio21
Gross rental yield4.7%
Star Score40/100 ★★☆☆☆
Rank among tracked markets#174 of 174
Your buying power in Wilmington

Why Wilmington scores 40

FactorScoreWeight
Gross yield635%
Entry price (vs $100K reference budget)015%
Landlord-friendliness8515%
Equity growth7015%
Property-tax drag (inverted)7810%
Climate & insurance risk (inverted)6510%

More context: Living in Wilmington — economy, industries & affordability

See how it stacks up in the full rankings — head-to-head pages cover the top 15 markets.

Star Opportunities in Wilmington flagged 2026-10-05

Active listings our scanner flagged for under-market signals — price cuts, long days on market, below-comp pricing. Leads to underwrite, not appraisals; verify everything locally.

3909 Botsford Ct, Unit 103, Wilmington, NC 28412 ★ 100
$230,000 · 2bd 2ba · 1,475 sqft
est. 30.0% under market · modeled rent $1,830/mo (9.5% yield)
Motivation 61 · Condition discount (hypothesis)138 days on marketfind listing →
1408 Kornegay Ave, Wilmington, NC 28405 ★ 100
$205,000 · 3bd 2ba · 1,400 sqft
est. 30.0% under market · modeled rent $1,730/mo (10.1% yield)
Motivation 50 · Condition discount (hypothesis)85 days on marketfind listing →
901 Litchfield Way, Apt D, Wilmington, NC 28405 ★ 100
$209,900 · 3bd 2ba · 1,352 sqft
est. 30.0% under market · modeled rent $1,670/mo (9.5% yield)
Motivation 46 · Condition discount (hypothesis)64 days on marketfind listing →
5012 Hunters Trl, Unit 13, Wilmington, NC 28405 ★ 100
$214,900 · 3bd 2ba · 2,964 sqft
est. 30.0% under market · modeled rent $2,600/mo (14.5% yield)
Motivation 80 · Condition discount (hypothesis)64 days on marketfind listing →
222 Evans St, Wilmington, NC 28405 ★ 100
$179,000 · 3bd 1ba · 1,183 sqft
est. 30.0% under market · modeled rent $1,470/mo (9.9% yield)
Motivation 100 · Chasing the market−77.6% price cutfind listing →

Run one through the BRRRR calculator. Rent figures are modeled from metro data, not appraisals.

Investor-friendly agent working Wilmington? Become this market's Featured Agent →

Assumable-mortgage pocket: 21.4% of NC's 2019-21 mortgage originations were government-backed (FHA/VA/USDA) — assumable by law, mostly at ~3% rates. VA loans can be assumed by non-veterans, including for investment purchases. The Assumability Index →

What would a rehab cost here?

National rule-of-thumb renovation costs (2026, per square foot) applied to a typical ~1,400 sq ft single-family in this market — every house differs, so treat these as planning ranges, not bids:

Scope$/sq ftTypical house
Paint & refresh (cosmetic light)$15–25$21K–35K
Cosmetic full (floors, kitchen refresh, baths)$25–45$35K–63K
Full renovation (systems + finishes)$45–75$63K–105K
Gut / structural$75–120$105K–168K

Run your own numbers for Wilmington in the BRRRR & rehab calculator. Run a rehab crew in Wilmington? Founding crews list free →

Frequently asked questions

Is Wilmington a good market for rental property in 2026?

Wilmington scores 40/100 on the Star Score index (#174 of 174 tracked markets), with a gross rental yield of 4.7% at September 2026 prices. At current prices it works better as a place to live than a place to snowball rental equity.

What is the price-to-rent ratio in Wilmington?

21 — the typical home value ($443,118) divided by a year of typical rent ($1,744/month × 12). Ratios under about 15 generally favor buying and landlording.

Is Wilmington a good BRRRR market in 2026?

With a typical home at $443,118 and rent of $1,744/month (4.7% gross yield), Wilmington can work for BRRRR in select submarkets, but higher prices or thinner yields mean deals need bigger discounts to snowball.

How much rent does the typical Wilmington home earn?

Typical asking rent in the Wilmington metro is $1,744 per month as of September 2026, per Zillow's Observed Rent Index.

Home values and rents: Zillow ZHVI / ZORI, September 2026 metro figures. Factor scores are editorial estimates on public data. Last reviewed October 2026. Not investment advice — verify locally before acting. Methodology & sources.