Lake Charles vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 39% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,024/mo in Wilmington — saving $3,468/year.
Rent by Unit Size
| Unit Size | Lake Charles | Wilmington | Difference |
|---|---|---|---|
| Studio | $490 | $656 | $166 |
| 1 Bedroom | $592 | $838 | $246 |
| 2 Bedrooms | $735 | $1,024 | $289 |
| 3 Bedrooms | $930 | $1,314 | $384 |
| 4 Bedrooms | $984 | $1,459 | $475 |
| Median Income | $45,479 | $52,995 | $7,516 |
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/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 Lake Charles or Wilmington cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,024/mo in Wilmington. That's $289/mo or $3,468/year more expensive in Wilmington (39% higher).
What is the 2-bedroom rent in Lake Charles vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Lake Charles is $735/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Lake Charles and Wilmington?
The median household income in Lake Charles is $45,479/year. In Wilmington it is $52,995/year. Wilmington has the higher median income.
What is the studio rent in Lake Charles vs Wilmington?
A studio apartment Fair Market Rent in Lake Charles is $490/mo. In Wilmington it is $656/mo.