Average Rent in Wilmington, NC
The Fair Market Rent for a 2-bedroom in Wilmington, NC is $1,659 per month, based on HUD data. With a median household income of $73,687, a household would spend 27% of income on housing at Fair Market Rent. Rent has increased 9.5% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,144 |
| 1 Bedroom | $1,513 |
| 2 Bedroom | $1,659 |
| 3 Bedroom | $2,178 |
| 4 Bedroom | $2,319 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $73,687 |
| Rent Burden (2BR FMR / Income) | 27% |
| Income Needed for 2BR (30% rule) | $66,360/yr |