Charlottesville vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Charlottesville is 2% cheaper for renters. A 2-bedroom rents for $1,075/mo vs $1,097/mo in Raleigh-Cary — saving $264/year.
Rent by Unit Size
| Unit Size | Charlottesville | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $700 | $760 | $60 |
| 1 Bedroom | $878 | $928 | $50 |
| 2 Bedrooms | $1,075 | $1,097 | $22 |
| 3 Bedrooms | $1,404 | $1,435 | $31 |
| 4 Bedrooms | $1,498 | $1,556 | $58 |
| Median Income | $70,871 | $70,678 | $193 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/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 Charlottesville or Raleigh-Cary cheaper to rent in?
Charlottesville is cheaper — a 2-bedroom Fair Market Rent is $1,075/mo vs $1,097/mo in Raleigh-Cary. That's $22/mo or $264/year more expensive in Raleigh-Cary (2% higher).
What is the 2-bedroom rent in Charlottesville vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Charlottesville and Raleigh-Cary?
The median household income in Charlottesville is $70,871/year. In Raleigh-Cary it is $70,678/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Raleigh-Cary?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Raleigh-Cary it is $760/mo.