Champaign-Urbana vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Champaign-Urbana is 200% cheaper for renters. A 2-bedroom rents for $764/mo vs $2,293/mo in New York-Newark-Jersey City — saving $18,348/year.
Rent by Unit Size
| Unit Size | Champaign-Urbana | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $503 | $1,531 | $1,028 |
| 1 Bedroom | $642 | $1,813 | $1,171 |
| 2 Bedrooms | $764 | $2,293 | $1,529 |
| 3 Bedrooms | $1,017 | $2,674 | $1,657 |
| 4 Bedrooms | $1,103 | $3,167 | $2,064 |
| Median Income | $49,808 | $124,777 | $74,969 |
Champaign-Urbana
- Studio
- $503/mo
- 1 BR
- $642/mo
- 2 BR
- $764/mo
- 3 BR
- $1,017/mo
- 4 BR
- $1,103/mo
- Median Income
- $49,808/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 Champaign-Urbana or New York-Newark-Jersey City cheaper to rent in?
Champaign-Urbana is cheaper — a 2-bedroom Fair Market Rent is $764/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,529/mo or $18,348/year more expensive in New York-Newark-Jersey City (200% higher).
What is the 2-bedroom rent in Champaign-Urbana vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Champaign-Urbana is $764/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Champaign-Urbana and New York-Newark-Jersey City?
The median household income in Champaign-Urbana is $49,808/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 Champaign-Urbana vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Champaign-Urbana is $503/mo. In New York-Newark-Jersey City it is $1,531/mo.