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Rent by ZIP · New Hanover County

Rent in Wilmington, NC 28401

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,500 (+4.9% vs FY2026). Renters in this ZIP code pay a median $1,274 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,040$980+6.1%$936–1,144–
1 bedroom$1,380$1,300+6.2%$1,242–1,518$1,215 ±$147
2 bedrooms$1,500$1,430+4.9%$1,350–1,650$1,303 ±$114
3 bedrooms$1,970$1,880+4.8%$1,773–2,167$1,408 ±$143
4 bedrooms$2,090$2,240-6.7%$1,881–2,299–

Small Area FMRs for the Wilmington, NC HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Wilmington, NC HUD Metro FMR Area, 2 bedrooms: $1,705.

What renters pay in 28401

Median gross rent$1,274±$86 · all sizes
Renter households6,52459% of occupied homes
No cash rent295households

How rents are spread

Under $1,00033%
$1,000–1,49930%
$1,500–1,99923%
$2,000–2,49910%
$2,500–2,9991%
$3,000–3,4991%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
28403Wilmington$1,690$1,423
28405Wilmington$1,740$1,341
28409Wilmington$1,940$1,226
28411Wilmington$2,100$1,788
28412Wilmington$1,780$1,438
28420Ash$1,300$1,279

Fair Market Rents across New Hanover County, NC · All NC counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.