Merced vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 3% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,055/mo in Merced — saving $372/year.
Rent by Unit Size
| Unit Size | Merced | Wilmington | Difference |
|---|---|---|---|
| Studio | $696 | $656 | $40 |
| 1 Bedroom | $865 | $838 | $27 |
| 2 Bedrooms | $1,055 | $1,024 | $31 |
| 3 Bedrooms | $1,328 | $1,314 | $14 |
| 4 Bedrooms | $1,460 | $1,459 | $1 |
| Median Income | $60,958 | $52,995 | $7,963 |
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/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 Merced or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,055/mo in Merced. That's $31/mo or $372/year more expensive in Merced (3% higher).
What is the 2-bedroom rent in Merced vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Merced and Wilmington?
The median household income in Merced is $60,958/year. In Wilmington it is $52,995/year. Merced has the higher median income.
What is the studio rent in Merced vs Wilmington?
A studio apartment Fair Market Rent in Merced is $696/mo. In Wilmington it is $656/mo.