Wilmington, Massachusetts 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, Massachusetts rental market.

Wilmington, Massachusetts

Average Apartment Rent

$3,092

Y-o-Y Change in Average
Apartment Rent

-0.4%

As of May 2026

Compared to a year ago, Wilmington, Massachusetts apartments have recorded a -0.4% rent decrease.

Wilmington, Massachusetts 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 $2,762 $2,818 $2,934 $3,078 $2,953 $3,061 $3,056 $2,916 $3,034
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Wilmington
National
Jul 2023
$2,762
$1,741
Nov 2023
$2,818
$1,732
Mar 2024
$2,934
$1,736
Jul 2024
$3,078
$1,756
Nov 2024
$2,953
$1,749
Mar 2025
$3,061
$1,755
Jul 2025
$3,056
$1,767
Nov 2025
$2,916
$1,753
Mar 2026
$3,034
$1,750

Wilmington, Massachusetts Average Apartment Rent

Wilmington, Massachusetts 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 66.87%, apartments priced Over $3,000 represent the bulk of Wilmington, Massachusetts rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 8.78%.

Wilmington, Massachusetts Housing tenure**

Renter occupied housing units 1,125
Owner occupied housing units 6,800

Renters take up 14% of Wilmington, Massachusetts real estate, occupying a total of 1,125 units, while homeowners live in 6,800 properties.

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

3.6

Renter median household income**

$78,625

Average household size of renter-occupied housing units**

1.79

Rental vacancy rate**

6.9%

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

No bedrooms 70
1 bed 384
2 beds 408
3 beds 212
4 beds 34
5 or more beds 17

There are 408 rentals in Wilmington, Massachusetts with 2 beds making up the highest share of the market, at 36%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 17 units. Overall, the median number of rooms in Wilmington, Massachusetts homes for rent is 3.6.

Wilmington, Massachusetts Renter-occupied units by age of householder**

15 - 24 years 53
25 - 34 years 245
35 - 44 years 179
45 - 54 years 211
55 - 59 years 70
60 - 64 years 72
65 - 74 years 183
75 - 84 years 42
85 years and over 70

Most condos for rent in Wilmington, Massachusetts are occupied by residents in the 25 - 34 years age group (22%), followed by those in the 45 - 54 years age group (19%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 4%.

Wilmington, Massachusetts Renter-occupied housing units by family type**

Family households 387
Non-Family Households 738

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

With related children of the householder under 18 181
No related children of the householder under 18 944

A total of 387 apartments for rent in Wilmington, Massachusetts, or 34% of all rentals are family households. Additionally, 16% of rental homes include children under the age of 18 – that’s 181 units. All in all, the median size of a renter-occupied household in Wilmington, Massachusetts is 1.79.

Wilmington, Massachusetts Renter-occupied housing units by educational attainment**

Less than high school graduate 40
High school graduate (including equivalency) 291
Some college or associate's degree 310
Bachelor's degree or higher 484

In terms of education, renters holding bachelor degrees or higher make up 43% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Wilmington, Massachusetts.

Wilmington, Massachusetts Renter-occupied units by year structure built**

Built 2010 - 2019 128
Built 2000 - 2009 183
Built 1990 - 1999 217
Built 1980 - 1989 82
Built 1970 - 1979 41
Built 1960 - 1969 83
Built 1950 - 1959 277
Built 1940 - 1949 24
Built 1939 or earlier 90

The highest share of Wilmington, Massachusetts apartment rentals, namely 25% or 277 units, were Built 1950 - 1959, followed by those Built 1990 - 1999 (19%, 217 units), and the ones Built 2000 - 2009 (16%, 183 units).

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

Moved in 2021 or later 21
Moved in 2018 to 2020 445
Moved in 2010 to 2017 405
Moved in 2000 to 2009 59
Moved in 1990 to 1999 84
Moved in 1989 or earlier 111

Median year renter moved into unit 2016

Most Wilmington, Massachusetts renters (40%) moved in 2018 to 2020, while only 2% of them moved in 2021 or later. Overall, the median year renters have occupied their Wilmington, Massachusetts condos for rent is 2016.

Wilmington, Massachusetts Renter-occupied housing units by vehicles available**

No vehicle available 252
1 vehicle available 516
2 vehicles available 251
3 or more vehicles available 106

When it comes to transportation options, 46% of Wilmington, Massachusetts renters have 1 vehicle available per household, 22% of them have No vehicle available, and 22% have 2 vehicles available.

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

Car, truck, or van - drove alone 936
Car, truck, or van - carpooled 12
Public transportation (excluding taxicab) 44
Walked 10
Taxicab, motorcycle, bicycle, or other means 33
Worked at home 108

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

Same house as 1 year ago 1,547
Moved within same county 247
Moved from different county within same state 48
Moved from different state 121
Moved from abroad 43

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, Massachusetts 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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