Lexington-Fayette vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette 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 | Lexington-Fayette | Wilmington | Difference |
|---|---|---|---|
| Studio | $595 | $656 | $61 |
| 1 Bedroom | $719 | $838 | $119 |
| 2 Bedrooms | $913 | $1,024 | $111 |
| 3 Bedrooms | $1,047 | $1,314 | $267 |
| 4 Bedrooms | $1,300 | $1,459 | $159 |
| Median Income | $47,838 | $52,995 | $5,157 |
Lexington-Fayette
- Studio
- $595/mo
- 1 BR
- $719/mo
- 2 BR
- $913/mo
- 3 BR
- $1,047/mo
- 4 BR
- $1,300/mo
- Median Income
- $47,838/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 Lexington-Fayette or Wilmington cheaper to rent in?
Lexington-Fayette 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 Lexington-Fayette vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Lexington-Fayette and Wilmington?
The median household income in Lexington-Fayette is $47,838/year. In Wilmington it is $52,995/year. Wilmington has the higher median income.
What is the studio rent in Lexington-Fayette vs Wilmington?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Wilmington it is $656/mo.