Erie vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Erie is 64% cheaper for renters. A 2-bedroom rents for $668/mo vs $1,097/mo in Raleigh-Cary — saving $5,148/year.
Rent by Unit Size
| Unit Size | Erie | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $457 | $760 | $303 |
| 1 Bedroom | $553 | $928 | $375 |
| 2 Bedrooms | $668 | $1,097 | $429 |
| 3 Bedrooms | $861 | $1,435 | $574 |
| 4 Bedrooms | $985 | $1,556 | $571 |
| Median Income | $45,773 | $70,678 | $24,905 |
Erie
- Studio
- $457/mo
- 1 BR
- $553/mo
- 2 BR
- $668/mo
- 3 BR
- $861/mo
- 4 BR
- $985/mo
- Median Income
- $45,773/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 Erie or Raleigh-Cary cheaper to rent in?
Erie is cheaper — a 2-bedroom Fair Market Rent is $668/mo vs $1,097/mo in Raleigh-Cary. That's $429/mo or $5,148/year more expensive in Raleigh-Cary (64% higher).
What is the 2-bedroom rent in Erie vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Erie is $668/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Erie and Raleigh-Cary?
The median household income in Erie is $45,773/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Erie vs Raleigh-Cary?
A studio apartment Fair Market Rent in Erie is $457/mo. In Raleigh-Cary it is $760/mo.