Concord vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 6% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,088/mo in Concord — saving $768/year.
Rent by Unit Size
| Unit Size | Concord | Wilmington | Difference |
|---|---|---|---|
| Studio | $755 | $656 | $99 |
| 1 Bedroom | $912 | $838 | $74 |
| 2 Bedrooms | $1,088 | $1,024 | $64 |
| 3 Bedrooms | $1,418 | $1,314 | $104 |
| 4 Bedrooms | $1,586 | $1,459 | $127 |
| Median Income | $53,649 | $52,995 | $654 |
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/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 Concord or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,088/mo in Concord. That's $64/mo or $768/year more expensive in Concord (6% higher).
What is the 2-bedroom rent in Concord vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Concord is $1,088/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Concord and Wilmington?
The median household income in Concord is $53,649/year. In Wilmington it is $52,995/year. Concord has the higher median income.
What is the studio rent in Concord vs Wilmington?
A studio apartment Fair Market Rent in Concord is $755/mo. In Wilmington it is $656/mo.