Wilmington is the 110th largest multifamily market with 23,064 completed units and 16,740 units in development, 2,077 of which have already broken ground, as of February 2022.
Wilmington Multifamily Market Summary – February 2022
New lease asking rents are at $1,471, up 19.1%▲
from the previous year placing Wilmington at
21st overall in year-over-year rent growth.
Wilmington Multifamily Market Summary – January 2022
New lease asking rents are at $1,442, up 17.6%▲
from the previous year placing Wilmington at
24th overall in year-over-year rent growth.
Wilmington Multifamily Market Summary – December 2021
New lease asking rents are at $1,415, up 17.8%▲
from the previous year placing Wilmington at
19th overall in year-over-year rent growth.
