5+ Days Ago
Highlights
- Clubhouse
- Gated community
- Spacious sunroom
- Shopping and dining options
Location
340 Palmer Way, Wilmington, NC 28412, USA|The Cape
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Property Overview
Located in a gated community with a clubhouse and a spacious sunroom, the home combines comfort with appealing shared amenities. Extremely close access to a grocery store and nearby shopping and dining options enhances everyday convenience. Strong value per square foot compared to other area properties, along with a robust set of listing photos, makes it easy to quickly understand and evaluate the offering.
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- Fireplace
- Images Available
Great for
Social life
Pet owners
Amenities for 340 Palmer Way, The Cape
Features
| Carpet | Ceiling Fan |
| Central Air | Fireplace |
Appliances
| Dishwasher |
Grounds
| 2 Parking Spaces | Garage Parking |
| Outdoor Space | Swimming Pool |
Services
| On-Site Management |
Other
| Heat Pump Heating | Seven Rooms |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 340 Palmer Way
Property Status: Active NEW PHOTOS! Gated Community! Community Pool! South Wilmington! Welcome to 340 Palmer Way! This home is a 3-bedroom, 2-bathroom home located in The Cape Community. This community offers a gated community with access to a clubhouse and pool. The property boasts a spacious 2-car garage and a pet-friendly policy, making it a perfect fit for those with furry friends. Enjoy the light entering the spacious sunroom. The home is renting with an annual lease; the rental rate includes monthly HVAC filter delivery to home along with lawn maintenance. The location is unbeatable, with shopping and dining options close by. Plus, the beautiful Carolina and Kure Beach are just a short drive away, as is the vibrant Downtown Wilmington. Occupied until Mid-May 2026. Reach out to us for more information! Smoking is not permitted in the home or garage. Fireplaces are not included with the rental, and use of gas or wood-burning fireplaces is prohibited. This property is professionally managed by a licensed North Carolina firm engaged by the property owner for annual rental management. A non-refundable $75 application charge applies to all applicants age 18 and older who will occupy the home. A refundable security deposit, equal to at least one month's rent, is required. Some homes may require a higher deposit based on credit and background screening results. Listing Company is not responsible for errors, omissions, or inaccuracies in information provided on third-party websites. For additional details about the leasing process or to schedule a showing, please notify our office directly. Office Phone: (910) 256-3764 Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 340 Palmer Way compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 363 sqft larger than other listings nearby
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 2 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | The Cape |
|---|---|
| Zip code | 28412 |
| Type | House for rent |
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Rent trends in The Cape
3-bedroom apartments at 340 Palmer Way cost about 2% more than the average rent price for 3-bedroom apartments in Sea Breeze.
Median rents as of Mar 21 2026.
The Cape
Sea Breeze
| Month | Median Rent |
|---|---|
| October 2025 | $2,645 |
| November 2025 | $2,687 |
| December 2025 | $2,863 |
| January 2026 | $2,995 |
| February 2026 | $2,995 |
| March 2026 | $2,995 |
| Month | Median Rent |
|---|---|
| November 2025 | $2,698 |
Affordability calculator
Can I afford to live at 340 Palmer Way?
Bedrooms
3 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
$110,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $110,000 annually to afford this 3-bedrooms monthly rent price of $2,750.
For more information on rent affordability, visit our rent calculator.
Schools near 340 Palmer Way
Carolina Beach Elementary School
400 south 4th st
carolina beach, NC, 28428
K-5Public
A-
Codington Elementary School
4321 carolina beach rd
wilmington, NC, 28412
K-5Public
A-
Lake Forest Academy
1802 s 15th st
wilmington, NC, 28401
K-8Public
C+
The International School at Gregory
1106 ann st
wilmington, NC, 28401
K-8Public
B
Career Readiness Academy at Mosley Plc
3702 princess place dr
wilmington, NC, 28405
PK, 6-12Public
B-
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Internet available near 340 Palmer Way
Neighborhood
The Cape | Sea Breeze, NC
Getting around Wilmington near 340 Palmer Way
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 340 Palmer Way, Wilmington
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
0/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
2/10
Few or no restaurants within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
Explore the area around 340 Palmer Way
Food Lion
1401 Lake Park Blvd N
Publix
1018 Lake Park Blvd N
Food Lion
6400 Carolina Beach Rd
Sea Merchant
214 Cape Fear Blvd
Harris Teeter
5920 Carolina Beach Rd
Salty Chic Boutique
1018 Lake Park Blvd N
Jeanne's Jewels & Fashions Etc
1009 Lake Park Blvd N
No Problem Islandware
8 Pavilion Ave S
Unique Boutique
207 Lake Park Blvd S
Junc Boutique
5935 Carolina Beach Rd
Wake N Bake Donuts-Carolina Beach
1401 Lake Park Blvd N
Island Roast Coffee LLC
712 Saint Joseph St
Britt's Donut Shop
13 Boardwalk
Planet Smoothie
6400 Carolina Beach Rd
Crush & Grind
7 Harper Ave
Flounder's
1810 Canal Dr
K38 Baja Grill
1000 Lake Park Blvd N
Hoplite
720 Lake Park Blvd N
Salt Fish Restaurant
718 Lake Park Blvd N
Shagri-La LLC
604 Lake Park Blvd N
Blackburn Brothers Inc
440 Lake Park Blvd N
The Southerly Biscuit & Pie
1206 Lake Park Blvd N
Seaview Crab Co
6458 Carolina Beach Rd
Seafood USA Enterprises Inc
300 Lake Park Blvd N
Nikki's Gourmet & Sushi
6 Lake Park Blvd S
Recreation Ground
Snow's Cut Park
Wrc North Pelican Island #1 & 2 39-29 & 39-30
Wrc Ferry Slip Island 39-32 (Nha)
Carolina Beach State Park
Pelican's SnoBalls
7617 Carolina Beach Rd
Top Wok Chinese Restaurant
1401 Lake Park Blvd N
Wake N Bake Donuts-Carolina Beach
1401 Lake Park Blvd N
Wing Street
1401 Lake Park Blvd N
Mr Bagel Meister
1328 Lake Park Blvd N
Carolina Beach Rd NB at College Rd
College Rd, Carolina Beach Rd, South 17th St
Carolina Beach Rd SB at Austin Commons
Carolina Beach Rd
Monkey Junction
College Rd, Carolina Beach Rd, South 17th St
Carolina Beach Rd NB at Willoughby Park Ct
Carolina Beach Rd, South 17th St
College Rd NB at Greenbriar Rd
College Rd
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