Ann Arbor vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Raleigh-Cary is 7% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,170/mo in Ann Arbor — saving $876/year.
Rent by Unit Size
| Unit Size | Ann Arbor | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $781 | $760 | $21 |
| 1 Bedroom | $945 | $928 | $17 |
| 2 Bedrooms | $1,170 | $1,097 | $73 |
| 3 Bedrooms | $1,486 | $1,435 | $51 |
| 4 Bedrooms | $1,736 | $1,556 | $180 |
| Median Income | $58,245 | $70,678 | $12,433 |
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/yr
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Ann Arbor or Raleigh-Cary cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,170/mo in Ann Arbor. That's $73/mo or $876/year more expensive in Ann Arbor (7% higher).
What is the 2-bedroom rent in Ann Arbor vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Ann Arbor and Raleigh-Cary?
The median household income in Ann Arbor is $58,245/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Ann Arbor vs Raleigh-Cary?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Raleigh-Cary it is $760/mo.