New Hanover County apartments for rent saw price increases in February

Renters in New Hanover County saw apartment listing prices increase from January’s average of $1,239, an analysis of new data from Apartment List shows.

The average apartment listed for rent at $1,247 in February. Average listing prices in New Hanover County are trending 0.6457% upwards from January’s $1,239 price, down 0.8% from this time last year.

The data is inclusive of all bedroom sizes, from studios to three-bedroom units, so while it is a good indicator of how rents are moving in the area, it does not include single family homes for rent, said Chris Salviati, senior housing economist for Apartment List…

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