El Paso vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 164% cheaper for renters. A 2-bedroom rents for $868/mo vs $2,293/mo in New York-Newark-Jersey City — saving $17,100/year.
Rent by Unit Size
| Unit Size | El Paso | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $557 | $1,531 | $974 |
| 1 Bedroom | $685 | $1,813 | $1,128 |
| 2 Bedrooms | $868 | $2,293 | $1,425 |
| 3 Bedrooms | $1,052 | $2,674 | $1,622 |
| 4 Bedrooms | $1,194 | $3,167 | $1,973 |
| Median Income | $45,964 | $124,777 | $78,813 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or New York-Newark-Jersey City cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,425/mo or $17,100/year more expensive in New York-Newark-Jersey City (164% higher).
What is the 2-bedroom rent in El Paso vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between El Paso and New York-Newark-Jersey City?
The median household income in El Paso is $45,964/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 El Paso vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in El Paso is $557/mo. In New York-Newark-Jersey City it is $1,531/mo.