Bangor vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bangor is 42% cheaper for renters. A 2-bedroom rents for $774/mo vs $1,097/mo in Raleigh-Cary — saving $3,876/year.
Rent by Unit Size
| Unit Size | Bangor | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $510 | $760 | $250 |
| 1 Bedroom | $653 | $928 | $275 |
| 2 Bedrooms | $774 | $1,097 | $323 |
| 3 Bedrooms | $996 | $1,435 | $439 |
| 4 Bedrooms | $1,108 | $1,556 | $448 |
| Median Income | $53,743 | $70,678 | $16,935 |
Bangor
- Studio
- $510/mo
- 1 BR
- $653/mo
- 2 BR
- $774/mo
- 3 BR
- $996/mo
- 4 BR
- $1,108/mo
- Median Income
- $53,743/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 Bangor or Raleigh-Cary cheaper to rent in?
Bangor is cheaper — a 2-bedroom Fair Market Rent is $774/mo vs $1,097/mo in Raleigh-Cary. That's $323/mo or $3,876/year more expensive in Raleigh-Cary (42% higher).
What is the 2-bedroom rent in Bangor vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Bangor is $774/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Bangor and Raleigh-Cary?
The median household income in Bangor is $53,743/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Bangor vs Raleigh-Cary?
A studio apartment Fair Market Rent in Bangor is $510/mo. In Raleigh-Cary it is $760/mo.