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RentData.org Logo Wilmington Fair Market Rent FY 2008 Wilmington, NC HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Wilmington, NC :
$575 $635 $767 $1,075 $1,105
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Wilmington are very high compared to the national average. This FMR area is more expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Wilmington is $767 per month.

The previous year, rent for a two-bedroom home was $711 per month. This is a 7.88% increase year-over-year.

This FMR rate applies to Longwood, NC, Delco, NC, Ash, NC, Sunset Beach, NC, Winnabow, NC, Bolivia, NC, Ocean Isle Beach, NC, Oak Island, NC, Calabash, NC, Supply, NC and other cities within the region. The Metro Code or CBSA code for this region is METRO48900M48900.

Additionally, This Fair Market Rent (FMR) area Wilmington, NC HUD Metro FMR Area spans one county or city in North Carolina which is listed in the table below. Estimated population of Wilmington, NC HUD Metro FMR Area FMR area is 73,143 people based on latest Census data.

Compared to the rest of North Carolina, the Wilmington FMR area is more expensive than 96% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Wilmington. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Wilmington

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 611
1-BR 1-Bedroom $ 680
2-BR 2-Bedroom $ 821
3-BR 3-Bedroom $ 1152
4-BR 4-Bedroom $ 1186
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Wilmington, NC HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Wilmington.

County / Region Est. Population
Wilmington, NC Metro 73,143
Zip Codes in Wilmington, NC HUD Metro FMR Area

There are 15 unique zip codes in this Fair Market Rent (FMR) area:

28401, 28420, 28422, 28436, 28451, 28452, 28459, 28461, 28462, 28465, 28467, 28468, 28469, 28470 and 28479

Lookup Fair Market Rent by Zip Code

What's Next?

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