Medford vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Medford is 115% cheaper for renters. A 2-bedroom rents for $1,065/mo vs $2,293/mo in New York-Newark-Jersey City — saving $14,736/year.
Rent by Unit Size
| Unit Size | Medford | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $704 | $1,531 | $827 |
| 1 Bedroom | $865 | $1,813 | $948 |
| 2 Bedrooms | $1,065 | $2,293 | $1,228 |
| 3 Bedrooms | $1,318 | $2,674 | $1,356 |
| 4 Bedrooms | $1,480 | $3,167 | $1,687 |
| Median Income | $51,417 | $124,777 | $73,360 |
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/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 Medford or New York-Newark-Jersey City cheaper to rent in?
Medford is cheaper — a 2-bedroom Fair Market Rent is $1,065/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,228/mo or $14,736/year more expensive in New York-Newark-Jersey City (115% higher).
What is the 2-bedroom rent in Medford vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Medford is $1,065/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Medford and New York-Newark-Jersey City?
The median household income in Medford is $51,417/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 Medford vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Medford is $704/mo. In New York-Newark-Jersey City it is $1,531/mo.