FairRentWize

Boston-Cambridge-Newton vs New York-Newark-Jersey City

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Boston-Cambridge-Newton is 31% cheaper for renters. A 2-bedroom rents for $1,754/mo vs $2,293/mo in New York-Newark-Jersey City — saving $6,468/year.

Rent by Unit Size

Unit SizeBoston-Cambridge-NewtonNew York-Newark-Jersey CityDifference
Studio$1,196$1,531$335
1 Bedroom$1,409$1,813$404
2 Bedrooms$1,754$2,293$539
3 Bedrooms$2,044$2,674$630
4 Bedrooms$2,555$3,167$612
Median Income$100,795$124,777$23,982

Boston-Cambridge-Newton

Studio
$1,196/mo
1 BR
$1,409/mo
2 BR
$1,754/mo
3 BR
$2,044/mo
4 BR
$2,555/mo
Median Income
$100,795/yr
Full Boston-Cambridge-Newton profile →

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
Full New York-Newark-Jersey City profile →

Frequently Asked Questions

Is Boston-Cambridge-Newton or New York-Newark-Jersey City cheaper to rent in?
Boston-Cambridge-Newton is cheaper — a 2-bedroom Fair Market Rent is $1,754/mo vs $2,293/mo in New York-Newark-Jersey City. That's $539/mo or $6,468/year more expensive in New York-Newark-Jersey City (31% higher).
What is the 2-bedroom rent in Boston-Cambridge-Newton vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Boston-Cambridge-Newton is $1,754/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Boston-Cambridge-Newton and New York-Newark-Jersey City?
The median household income in Boston-Cambridge-Newton is $100,795/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 Boston-Cambridge-Newton vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Boston-Cambridge-Newton is $1,196/mo. In New York-Newark-Jersey City it is $1,531/mo.