Asheville vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 8% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,106/mo in Asheville — saving $984/year.
Rent by Unit Size
| Unit Size | Asheville | Wilmington | Difference |
|---|---|---|---|
| Studio | $689 | $656 | $33 |
| 1 Bedroom | $875 | $838 | $37 |
| 2 Bedrooms | $1,106 | $1,024 | $82 |
| 3 Bedrooms | $1,316 | $1,314 | $2 |
| 4 Bedrooms | $1,577 | $1,459 | $118 |
| Median Income | $64,400 | $52,995 | $11,405 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/yr
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Asheville or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,106/mo in Asheville. That's $82/mo or $984/year more expensive in Asheville (8% higher).
What is the 2-bedroom rent in Asheville vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Asheville and Wilmington?
The median household income in Asheville is $64,400/year. In Wilmington it is $52,995/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Wilmington?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Wilmington it is $656/mo.