FairRentWize

Lake Charles vs New York-Newark-Jersey City

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 212% cheaper for renters. A 2-bedroom rents for $735/mo vs $2,293/mo in New York-Newark-Jersey City — saving $18,696/year.

Rent by Unit Size

Unit SizeLake CharlesNew York-Newark-Jersey CityDifference
Studio$490$1,531$1,041
1 Bedroom$592$1,813$1,221
2 Bedrooms$735$2,293$1,558
3 Bedrooms$930$2,674$1,744
4 Bedrooms$984$3,167$2,183
Median Income$45,479$124,777$79,298

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

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
Full New York-Newark-Jersey City profile →

Frequently Asked Questions

Is Lake Charles or New York-Newark-Jersey City cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,558/mo or $18,696/year more expensive in New York-Newark-Jersey City (212% higher).
What is the 2-bedroom rent in Lake Charles vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Lake Charles is $735/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Lake Charles and New York-Newark-Jersey City?
The median household income in Lake Charles is $45,479/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 Lake Charles vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Lake Charles is $490/mo. In New York-Newark-Jersey City it is $1,531/mo.