Santa Fe vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wilmington is 11% cheaper for renters. A 2-bedroom rents for $1,024/mo vs $1,135/mo in Santa Fe — saving $1,332/year.
Rent by Unit Size
| Unit Size | Santa Fe | Wilmington | Difference |
|---|---|---|---|
| Studio | $754 | $656 | $98 |
| 1 Bedroom | $923 | $838 | $85 |
| 2 Bedrooms | $1,135 | $1,024 | $111 |
| 3 Bedrooms | $1,361 | $1,314 | $47 |
| 4 Bedrooms | $1,696 | $1,459 | $237 |
| Median Income | $59,153 | $52,995 | $6,158 |
Santa Fe
- Studio
- $754/mo
- 1 BR
- $923/mo
- 2 BR
- $1,135/mo
- 3 BR
- $1,361/mo
- 4 BR
- $1,696/mo
- Median Income
- $59,153/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 Fe or Wilmington cheaper to rent in?
Wilmington is cheaper — a 2-bedroom Fair Market Rent is $1,024/mo vs $1,135/mo in Santa Fe. That's $111/mo or $1,332/year more expensive in Santa Fe (11% higher).
What is the 2-bedroom rent in Santa Fe vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Santa Fe is $1,135/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Santa Fe and Wilmington?
The median household income in Santa Fe is $59,153/year. In Wilmington it is $52,995/year. Santa Fe has the higher median income.
What is the studio rent in Santa Fe vs Wilmington?
A studio apartment Fair Market Rent in Santa Fe is $754/mo. In Wilmington it is $656/mo.