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Section 8 rent in Wilmington, NC

FY2025 HUD Small Area Fair Market Rents for the Wilmington, NC HUD Metro FMR Area, covering 15 ZIP codes.

$1,661Avg 2BR FMR / mo
$1,827Avg 2BR at 110% Standard
15ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$930$1,137$1,630$1,250
1 Bedroom$1,220$1,498$2,140$1,648
2 Bedrooms$1,370$1,661$2,370$1,827
3 Bedrooms$1,810$2,195$3,130$2,414
4 Bedrooms$2,310$2,639$3,730$2,903

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$3,322$39,864
Triplex3 × 2BR$4,983$59,796
Fourplex4 × 2BR$6,644$79,728
Fourplex4 × 3BR$8,780$105,360

Gross scheduled rent before vacancy, maintenance and management. Run any North Carolina multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 15 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
28480 $2,140 $2,370 $3,130 $3,730
28411 $1,720 $1,910 $2,520 $3,010
28409 $1,660 $1,840 $2,430 $2,890
28449 $1,570 $1,740 $2,300 $2,790
28428 $1,510 $1,670 $2,210 $2,630
28405 $1,480 $1,640 $2,170 $2,580
28412 $1,450 $1,600 $2,110 $2,520
28402 $1,430 $1,580 $2,090 $2,490
28404 $1,430 $1,580 $2,090 $2,490
28406 $1,430 $1,580 $2,090 $2,490
28408 $1,430 $1,580 $2,090 $2,490
28410 $1,430 $1,580 $2,090 $2,490
28403 $1,350 $1,500 $1,980 $2,360
28401 $1,220 $1,370 $1,810 $2,310
28429 $1,220 $1,370 $1,810 $2,310

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Wilmington, NC?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Wilmington, NC HUD Metro FMR Area is $1,661 per month, ranging from $1,370 to $2,370 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,827.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Wilmington, NC, 2-bedroom SAFMRs run from $1,370 to $2,370 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in North Carolina?
RealG searches live listings across North Carolina, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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Every North Carolina listing analyzed against real HUD rates and graded A–D. The AI agent calls the sellers.

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