Wilmington vs Winston-Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Winston-Salem is 27% cheaper for renters. A 2-bedroom rents for $807/mo vs $1,024/mo in Wilmington — saving $2,604/year.
Rent by Unit Size
| Unit Size | Wilmington | Winston-Salem | Difference |
|---|---|---|---|
| Studio | $656 | $531 | $125 |
| 1 Bedroom | $838 | $652 | $186 |
| 2 Bedrooms | $1,024 | $807 | $217 |
| 3 Bedrooms | $1,314 | $1,030 | $284 |
| 4 Bedrooms | $1,459 | $1,189 | $270 |
| Median Income | $52,995 | $47,140 | $5,855 |
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
Winston-Salem
- Studio
- $531/mo
- 1 BR
- $652/mo
- 2 BR
- $807/mo
- 3 BR
- $1,030/mo
- 4 BR
- $1,189/mo
- Median Income
- $47,140/yr
Frequently Asked Questions
Is Wilmington or Winston-Salem cheaper to rent in?
Winston-Salem is cheaper — a 2-bedroom Fair Market Rent is $807/mo vs $1,024/mo in Wilmington. That's $217/mo or $2,604/year more expensive in Wilmington (27% higher).
What is the 2-bedroom rent in Wilmington vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Wilmington is $1,024/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Wilmington and Winston-Salem?
The median household income in Wilmington is $52,995/year. In Winston-Salem it is $47,140/year. Wilmington has the higher median income.
What is the studio rent in Wilmington vs Winston-Salem?
A studio apartment Fair Market Rent in Wilmington is $656/mo. In Winston-Salem it is $531/mo.