Raleigh-Cary vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 7% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,097/mo in Raleigh-Cary — saving $876/year.
Rent by Unit Size
| Unit Size | Raleigh-Cary | Wilmington | Difference |
|---|---|---|---|
| Studio | $760 | $656 | $104 |
| 1 Bedroom | $928 | $838 | $90 |
| 2 Bedrooms | $1,097 | $1,024 | $73 |
| 3 Bedrooms | $1,435 | $1,314 | $121 |
| 4 Bedrooms | $1,556 | $1,459 | $97 |
| Median Income | $70,678 | $52,995 | $17,683 |
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/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 Raleigh-Cary or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,097/mo in Raleigh-Cary. That's $73/mo or $876/year more expensive in Raleigh-Cary (7% higher).
What is the 2-bedroom rent in Raleigh-Cary vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Raleigh-Cary is $1,097/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Raleigh-Cary and Wilmington?
The median household income in Raleigh-Cary is $70,678/year. In Wilmington it is $52,995/year. Raleigh-Cary has the higher median income.
What is the studio rent in Raleigh-Cary vs Wilmington?
A studio apartment Fair Market Rent in Raleigh-Cary is $760/mo. In Wilmington it is $656/mo.