Santa Cruz-Watsonville vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 72% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,760/mo in Santa Cruz-Watsonville — saving $8,832/year.
Rent by Unit Size
| Unit Size | Santa Cruz-Watsonville | Wilmington | Difference |
|---|---|---|---|
| Studio | $1,172 | $656 | $516 |
| 1 Bedroom | $1,475 | $838 | $637 |
| 2 Bedrooms | $1,760 | $1,024 | $736 |
| 3 Bedrooms | $2,195 | $1,314 | $881 |
| 4 Bedrooms | $2,530 | $1,459 | $1,071 |
| Median Income | $89,493 | $52,995 | $36,498 |
Santa Cruz-Watsonville
- Studio
- $1,172/mo
- 1 BR
- $1,475/mo
- 2 BR
- $1,760/mo
- 3 BR
- $2,195/mo
- 4 BR
- $2,530/mo
- Median Income
- $89,493/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 Santa Cruz-Watsonville or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,760/mo in Santa Cruz-Watsonville. That's $736/mo or $8,832/year more expensive in Santa Cruz-Watsonville (72% higher).
What is the 2-bedroom rent in Santa Cruz-Watsonville vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Santa Cruz-Watsonville is $1,760/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Santa Cruz-Watsonville and Wilmington?
The median household income in Santa Cruz-Watsonville is $89,493/year. In Wilmington it is $52,995/year. Santa Cruz-Watsonville has the higher median income.
What is the studio rent in Santa Cruz-Watsonville vs Wilmington?
A studio apartment Fair Market Rent in Santa Cruz-Watsonville is $1,172/mo. In Wilmington it is $656/mo.