San Luis Obispo vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 58% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,623/mo in San Luis Obispo — saving $7,188/year.
Rent by Unit Size
| Unit Size | San Luis Obispo | Wilmington | Difference |
|---|---|---|---|
| Studio | $1,065 | $656 | $409 |
| 1 Bedroom | $1,360 | $838 | $522 |
| 2 Bedrooms | $1,623 | $1,024 | $599 |
| 3 Bedrooms | $2,039 | $1,314 | $725 |
| 4 Bedrooms | $2,372 | $1,459 | $913 |
| Median Income | $94,761 | $52,995 | $41,766 |
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/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 San Luis Obispo or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,623/mo in San Luis Obispo. That's $599/mo or $7,188/year more expensive in San Luis Obispo (58% higher).
What is the 2-bedroom rent in San Luis Obispo vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in San Luis Obispo is $1,623/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between San Luis Obispo and Wilmington?
The median household income in San Luis Obispo is $94,761/year. In Wilmington it is $52,995/year. San Luis Obispo has the higher median income.
What is the studio rent in San Luis Obispo vs Wilmington?
A studio apartment Fair Market Rent in San Luis Obispo is $1,065/mo. In Wilmington it is $656/mo.