Toledo vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 33% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,024/mo in Wilmington — saving $3,060/year.
Rent by Unit Size
| Unit Size | Toledo | Wilmington | Difference |
|---|---|---|---|
| Studio | $521 | $656 | $135 |
| 1 Bedroom | $622 | $838 | $216 |
| 2 Bedrooms | $769 | $1,024 | $255 |
| 3 Bedrooms | $990 | $1,314 | $324 |
| 4 Bedrooms | $1,150 | $1,459 | $309 |
| Median Income | $44,170 | $52,995 | $8,825 |
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/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 Toledo or Wilmington cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,024/mo in Wilmington. That's $255/mo or $3,060/year more expensive in Wilmington (33% higher).
What is the 2-bedroom rent in Toledo vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Toledo is $769/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Toledo and Wilmington?
The median household income in Toledo is $44,170/year. In Wilmington it is $52,995/year. Wilmington has the higher median income.
What is the studio rent in Toledo vs Wilmington?
A studio apartment Fair Market Rent in Toledo is $521/mo. In Wilmington it is $656/mo.