Lynchburg vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lynchburg is 218% cheaper for renters. A 2-bedroom rents for $721/mo vs $2,293/mo in New York-Newark-Jersey City — saving $18,864/year.
Rent by Unit Size
| Unit Size | Lynchburg | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $494 | $1,531 | $1,037 |
| 1 Bedroom | $589 | $1,813 | $1,224 |
| 2 Bedrooms | $721 | $2,293 | $1,572 |
| 3 Bedrooms | $933 | $2,674 | $1,741 |
| 4 Bedrooms | $1,024 | $3,167 | $2,143 |
| Median Income | $37,857 | $124,777 | $86,920 |
Lynchburg
- Studio
- $494/mo
- 1 BR
- $589/mo
- 2 BR
- $721/mo
- 3 BR
- $933/mo
- 4 BR
- $1,024/mo
- Median Income
- $37,857/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 Lynchburg or New York-Newark-Jersey City cheaper to rent in?
Lynchburg is cheaper — a 2-bedroom Fair Market Rent is $721/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,572/mo or $18,864/year more expensive in New York-Newark-Jersey City (218% higher).
What is the 2-bedroom rent in Lynchburg vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Lynchburg is $721/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Lynchburg and New York-Newark-Jersey City?
The median household income in Lynchburg is $37,857/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 Lynchburg vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Lynchburg is $494/mo. In New York-Newark-Jersey City it is $1,531/mo.