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Rent by ZIP · New Hanover County

Rent in Wilmington, NC 28405

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,740 (+1.8% vs FY2026). Renters in this ZIP code pay a median $1,440 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,210$1,180+2.5%$1,089–1,331–
1 bedroom$1,600$1,560+2.6%$1,440–1,760$1,643 ±$111
2 bedrooms$1,740$1,710+1.8%$1,566–1,914$1,341 ±$67
3 bedrooms$2,280$2,240+1.8%$2,052–2,508$1,676 ±$115
4 bedrooms$2,290$2,390-4.2%$2,061–2,519$2,155 ±$1,012

Small Area FMRs for the Wilmington, NC HUD Metro FMR Area. 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 28405

Median gross rent$1,440±$81 · all sizes
Renter households6,74242% of occupied homes
No cash rent103households

How rents are spread

Under $1,00013%
$1,000–1,49943%
$1,500–1,99927%
$2,000–2,49912%
$2,500–2,9993%
$3,000–3,4992%
$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
28401Wilmington$1,500$1,303
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.