Durham-Chapel Hill vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Durham-Chapel Hill is 109% cheaper for renters. A 2-bedroom rents for $1,098/mo vs $2,293/mo in New York-Newark-Jersey City — saving $14,340/year.
Rent by Unit Size
| Unit Size | Durham-Chapel Hill | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $730 | $1,531 | $801 |
| 1 Bedroom | $882 | $1,813 | $931 |
| 2 Bedrooms | $1,098 | $2,293 | $1,195 |
| 3 Bedrooms | $1,391 | $2,674 | $1,283 |
| 4 Bedrooms | $1,605 | $3,167 | $1,562 |
| Median Income | $69,791 | $124,777 | $54,986 |
Durham-Chapel Hill
- Studio
- $730/mo
- 1 BR
- $882/mo
- 2 BR
- $1,098/mo
- 3 BR
- $1,391/mo
- 4 BR
- $1,605/mo
- Median Income
- $69,791/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 Durham-Chapel Hill or New York-Newark-Jersey City cheaper to rent in?
Durham-Chapel Hill is cheaper — a 2-bedroom Fair Market Rent is $1,098/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,195/mo or $14,340/year more expensive in New York-Newark-Jersey City (109% higher).
What is the 2-bedroom rent in Durham-Chapel Hill vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Durham-Chapel Hill is $1,098/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Durham-Chapel Hill and New York-Newark-Jersey City?
The median household income in Durham-Chapel Hill is $69,791/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 Durham-Chapel Hill vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Durham-Chapel Hill is $730/mo. In New York-Newark-Jersey City it is $1,531/mo.