Reno vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 18% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,208/mo in Reno — saving $2,208/year.
Rent by Unit Size
| Unit Size | Reno | Wilmington | Difference |
|---|---|---|---|
| Studio | $773 | $656 | $117 |
| 1 Bedroom | $946 | $838 | $108 |
| 2 Bedrooms | $1,208 | $1,024 | $184 |
| 3 Bedrooms | $1,422 | $1,314 | $108 |
| 4 Bedrooms | $1,636 | $1,459 | $177 |
| Median Income | $59,858 | $52,995 | $6,863 |
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/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 Reno or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,208/mo in Reno. That's $184/mo or $2,208/year more expensive in Reno (18% higher).
What is the 2-bedroom rent in Reno vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Reno is $1,208/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Reno and Wilmington?
The median household income in Reno is $59,858/year. In Wilmington it is $52,995/year. Reno has the higher median income.
What is the studio rent in Reno vs Wilmington?
A studio apartment Fair Market Rent in Reno is $773/mo. In Wilmington it is $656/mo.