Charlottesville vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 5% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,075/mo in Charlottesville — saving $612/year.
Rent by Unit Size
| Unit Size | Charlottesville | Wilmington | Difference |
|---|---|---|---|
| Studio | $700 | $656 | $44 |
| 1 Bedroom | $878 | $838 | $40 |
| 2 Bedrooms | $1,075 | $1,024 | $51 |
| 3 Bedrooms | $1,404 | $1,314 | $90 |
| 4 Bedrooms | $1,498 | $1,459 | $39 |
| Median Income | $70,871 | $52,995 | $17,876 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/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 Charlottesville or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,075/mo in Charlottesville. That's $51/mo or $612/year more expensive in Charlottesville (5% higher).
What is the 2-bedroom rent in Charlottesville vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Charlottesville and Wilmington?
The median household income in Charlottesville is $70,871/year. In Wilmington it is $52,995/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Wilmington?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Wilmington it is $656/mo.