Wilmington Island, Georgia Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Wilmington Island, Georgia rental market.

Wilmington Island, Georgia

Average Apartment Rent

$1,681

Y-o-Y Change in Average
Apartment Rent

-4.7%

As of May 2026

Compared to a year ago, Wilmington Island, Georgia apartments have recorded a -4.7% rent decrease.

Wilmington Island, Georgia Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Wilmington Island $1,730 $1,821 $1,732 $1,708 $1,703 $1,705 $1,740 $1,692 $1,700
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Wilmington Island
National
Jul 2023
$1,730
$1,741
Nov 2023
$1,821
$1,732
Mar 2024
$1,732
$1,736
Jul 2024
$1,708
$1,756
Nov 2024
$1,703
$1,749
Mar 2025
$1,705
$1,755
Jul 2025
$1,740
$1,767
Nov 2025
$1,692
$1,753
Mar 2026
$1,700
$1,750

Wilmington Island, Georgia Average Apartment Rent

Wilmington Island, Georgia Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 78.34%, apartments priced $1,500 - $2,000 represent the bulk of Wilmington Island, Georgia rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 3.02%.

Wilmington Island, Georgia Housing tenure**

Renter occupied housing units 1,365
Owner occupied housing units 4,885

Renters take up 22% of Wilmington Island, Georgia real estate, occupying a total of 1,365 units, while homeowners live in 4,885 properties.

Median number of rooms of renter-occupied housing units**

4.9

Renter median household income**

$68,623

Average household size of renter-occupied housing units**

2.06

Rental vacancy rate**

10%

Wilmington Island, Georgia Renter-occupied housing units by no. of bedrooms**

No bedrooms 70
1 bed 336
2 beds 365
3 beds 549
4 beds 45

There are 549 rentals in Wilmington Island, Georgia with 3 beds making up the highest share of the market, at 40%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 45 units. Overall, the median number of rooms in Wilmington Island, Georgia homes for rent is 4.9.

Wilmington Island, Georgia Renter-occupied units by age of householder**

15 - 24 years 32
25 - 34 years 298
35 - 44 years 436
45 - 54 years 163
55 - 59 years 151
60 - 64 years 86
65 - 74 years 70
75 - 84 years 81
85 years and over 48

Most condos for rent in Wilmington Island, Georgia are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.

Wilmington Island, Georgia Renter-occupied housing units by family type**

Family households 520
Non-Family Households 845

Wilmington Island, Georgia Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 250
No related children of the householder under 18 1,115

A total of 520 apartments for rent in Wilmington Island, Georgia, or 38% of all rentals are family households. Additionally, 18% of rental homes include children under the age of 18 – that’s 250 units. All in all, the median size of a renter-occupied household in Wilmington Island, Georgia is 2.06.

Wilmington Island, Georgia Renter-occupied housing units by educational attainment**

High school graduate (including equivalency) 377
Some college or associate's degree 473
Bachelor's degree or higher 515

In terms of education, renters holding bachelor degrees or higher make up 38% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Wilmington Island, Georgia.

Wilmington Island, Georgia Renter-occupied units by year structure built**

Built 2010 - 2019 108
Built 2000 - 2009 110
Built 1990 - 1999 174
Built 1980 - 1989 318
Built 1970 - 1979 391
Built 1960 - 1969 44
Built 1950 - 1959 79
Built 1940 - 1949 24
Built 1939 or earlier 117

The highest share of Wilmington Island, Georgia apartment rentals, namely 29% or 391 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (23%, 318 units), and the ones Built 1990 - 1999 (13%, 174 units).

Wilmington Island, Georgia Renter-occupied units by year householder moved in**

Moved in 2021 or later 95
Moved in 2018 to 2020 649
Moved in 2010 to 2017 586
Moved in 2000 to 2009 24
Moved in 1990 to 1999 11

Median year renter moved into unit 2018

Most Wilmington Island, Georgia renters (48%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Wilmington Island, Georgia condos for rent is 2018.

Wilmington Island, Georgia Renter-occupied housing units by vehicles available**

No vehicle available 119
1 vehicle available 685
2 vehicles available 431
3 vehicles available 95
4 or more vehicles available 35

When it comes to transportation options, 50% of Wilmington Island, Georgia renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 9% have No vehicle available.

Wilmington Island, Georgia Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,420
Car, truck, or van - carpooled 120
Public transportation (excluding taxicab) 55
Walked 126
Worked at home 72

Wilmington Island, Georgia Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 1,815
Moved within same county 498
Moved from different county within same state 208
Moved from different state 237

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Wilmington Island, Georgia apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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