Fargo vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 12% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,024/mo in Wilmington — saving $1,332/year.
Rent by Unit Size
| Unit Size | Fargo | Wilmington | Difference |
|---|---|---|---|
| Studio | $577 | $656 | $79 |
| 1 Bedroom | $717 | $838 | $121 |
| 2 Bedrooms | $913 | $1,024 | $111 |
| 3 Bedrooms | $1,145 | $1,314 | $169 |
| 4 Bedrooms | $1,249 | $1,459 | $210 |
| Median Income | $45,978 | $52,995 | $7,017 |
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/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 Fargo or Wilmington cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,024/mo in Wilmington. That's $111/mo or $1,332/year more expensive in Wilmington (12% higher).
What is the 2-bedroom rent in Fargo vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Fargo and Wilmington?
The median household income in Fargo is $45,978/year. In Wilmington it is $52,995/year. Wilmington has the higher median income.
What is the studio rent in Fargo vs Wilmington?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Wilmington it is $656/mo.