Asheville vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Asheville is 107% cheaper for renters. A 2-bedroom rents for $1,106/mo vs $2,293/mo in New York-Newark-Jersey City — saving $14,244/year.
Rent by Unit Size
| Unit Size | Asheville | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $689 | $1,531 | $842 |
| 1 Bedroom | $875 | $1,813 | $938 |
| 2 Bedrooms | $1,106 | $2,293 | $1,187 |
| 3 Bedrooms | $1,316 | $2,674 | $1,358 |
| 4 Bedrooms | $1,577 | $3,167 | $1,590 |
| Median Income | $64,400 | $124,777 | $60,377 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/yr
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Asheville or New York-Newark-Jersey City cheaper to rent in?
Asheville is cheaper — a 2-bedroom Fair Market Rent is $1,106/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,187/mo or $14,244/year more expensive in New York-Newark-Jersey City (107% higher).
What is the 2-bedroom rent in Asheville vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Asheville and New York-Newark-Jersey City?
The median household income in Asheville is $64,400/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Asheville vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Asheville is $689/mo. In New York-Newark-Jersey City it is $1,531/mo.