5+ Days Ago
Location
240 N Water St, Wilmington, NC 28401, USA|Downtown Wilmington
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Property Overview
Located in a vibrant area, this property features 90 photos, showcasing its appeal to potential renters. It excels in value per square foot, ranking in the 100th percentile, and promotes a pet-friendly environment with ample outdoor spaces and no breed restrictions. Additionally, the community fosters an active social life and wellness opportunities, highlighted by proximity to restaurants, on-site amenities like fitness centers, and accessible public spaces.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elevator
- Images Available
Great for
Wellness
Social life
Pet owners
Amenities for 240 N Water St, Downtown Wilmington
Appliances
| Dishwasher | Front Load Washer and Dryer |
| Garbage Disposal | In-Unit Laundry |
| Microwave | Stainless Refrigerator |
Building
| Dogs OK | Elevator |
| Fitness Center | Roof Deck |
Grounds
| Assigned Parking | Dog Wash Station |
| Outdoor Gas Grill | Swimming Pool |
Services
| Water, Sewer & Trash |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Dog policy
| Allowed | |
|---|---|
| Limit | 1 |
Cat policy
| Not Allowed |
|---|
1 pet maximum.
Parking
| Assigned Parking | Contact for Price |
|---|
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About 240 N Water St
Two bedroom end unit condo on the 12th floor with stunning views overlooking the Cape Fear river and Memorial Bridge. As you enter the open kitchen which features large center island with seating, quartz counter tops, Stainless ceramic top convection oven with warming drawer, built-in microwave drawer and pantry. The view will draw you into the living room which features auto shades. Master bedroom suite features auto shades, glamour master bathroom with walk-in tile shower and large walk-in closet with organizer. The second bedroom is located across the living room, it also features auto shades, en-suite bathroom with deep soaker tub and walk-in close with organizert. Full views of the Memorial Bridge and river from both bedrooms. Private balcony offers the best sunset views. Two assigned covered parking spots and secured keyed elevators. River Place amenities include ground floor lobby with concierge service, dog wash, roof top deck and entertainment area located on the pool terrace, swimming pool, hot tub, fire pit, outdoor gas grills, outdoor shower and fully equipped fitness center. You are walkable to everything downtown has to offer in restaurants, entertainment, Live Oak pavilion, Wilson center and shopping. Two reserved parking spcae in the parking deck. Dogs welcome (up to 2 with a combined weight not over 100 pounds) with Petscreening approval and pet fee. Water/sewer included in rent
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 240 N Water St compares to other nearby properties.
Positives
- More space
- The 2-bedroom is 638 sqft larger than other listings nearby
- Elevator
- Improved accessibility features
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | Downtown Wilmington |
|---|---|
| Zip code | 28401 |
| Type | Condo for rent |
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Rent trends in Downtown Wilmington
2-bedroom apartments at 240 N Water St cost about 86% more than the average rent price for 2-bedroom apartments in Wilmington.
Median rents as of Sep 27 2025.
Downtown Wilmington
Wilmington
| Month | Median Rent |
|---|---|
| October 2023 | $1,592 |
| November 2023 | $1,606 |
| December 2023 | $1,571 |
| January 2024 | $1,568 |
| February 2024 | $1,540 |
| March 2024 | $1,564 |
| April 2024 | $1,566 |
| May 2024 | $1,549 |
| June 2024 | $1,584 |
| July 2024 | $1,611 |
| August 2024 | $1,664 |
| September 2024 | $1,585 |
| October 2024 | $1,586 |
| November 2024 | $1,547 |
| December 2024 | $1,510 |
| January 2025 | $1,529 |
| February 2025 | $1,517 |
| March 2025 | $1,545 |
| April 2025 | $1,530 |
| May 2025 | $1,536 |
| June 2025 | $1,554 |
| July 2025 | $1,545 |
| August 2025 | $1,588 |
| September 2025 | $1,518 |
| Month | Median Rent |
|---|---|
| October 2023 | $2,296 |
| November 2023 | $2,133 |
| December 2023 | $2,169 |
| January 2024 | $2,240 |
| February 2024 | $2,250 |
| March 2024 | $2,267 |
| April 2024 | $2,218 |
| May 2024 | $2,265 |
| June 2024 | $2,294 |
| July 2024 | $2,381 |
| August 2024 | $2,231 |
| September 2024 | $2,002 |
| October 2024 | $2,025 |
| November 2024 | $2,029 |
| December 2024 | $2,007 |
| January 2025 | $2,151 |
| February 2025 | $2,150 |
| March 2025 | $2,155 |
| April 2025 | $2,150 |
| May 2025 | $2,208 |
| June 2025 | $2,230 |
| July 2025 | $2,155 |
| August 2025 | $2,112 |
| September 2025 | $2,083 |
Affordability calculator
Can I afford to live at 240 N Water St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$154,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $154,000 annually to afford this 2-bedrooms monthly rent price of $3,850.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $3,900 |
Schools near 240 N Water St
The International School at Gregory
1106 ann st
wilmington, NC, 28401
K-8Public
B
Snipes Academy of Arts & Design
2150 chestnut st
wilmington, NC, 28405
K-5Public
C+
Lake Forest Academy
1802 s 15th st
wilmington, NC, 28401
K-8Public
C+
Career Readiness Academy at Mosley Plc
3702 princess place dr
wilmington, NC, 28405
PK, 6-12Public
B-
Eaton Elementary School
6701 gordon rd
wilmington, NC, 28405
K-5Public
A
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Internet available near 240 N Water St
Neighborhood
Downtown Wilmington | Wilmington, NC
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Wilmington near 240 N Water St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 240 N Water St, Wilmington
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
3/10
No high schools within a 30-minute walk
Nightlife
8/10
Variety of bars within a few minutes' walk
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