Miami-Fort Lauderdale-Pompano Beach vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Miami-Fort Lauderdale-Pompano Beach is 49% cheaper for renters. A 2-bedroom rents for $1,543/mo vs $2,293/mo in New York-Newark-Jersey City — saving $9,000/year.
Rent by Unit Size
| Unit Size | Miami-Fort Lauderdale-Pompano Beach | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $979 | $1,531 | $552 |
| 1 Bedroom | $1,206 | $1,813 | $607 |
| 2 Bedrooms | $1,543 | $2,293 | $750 |
| 3 Bedrooms | $1,928 | $2,674 | $746 |
| 4 Bedrooms | $2,007 | $3,167 | $1,160 |
| Median Income | $86,139 | $124,777 | $38,638 |
Miami-Fort Lauderdale-Pompano Beach
- Studio
- $979/mo
- 1 BR
- $1,206/mo
- 2 BR
- $1,543/mo
- 3 BR
- $1,928/mo
- 4 BR
- $2,007/mo
- Median Income
- $86,139/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 Miami-Fort Lauderdale-Pompano Beach or New York-Newark-Jersey City cheaper to rent in?
Miami-Fort Lauderdale-Pompano Beach is cheaper — a 2-bedroom Fair Market Rent is $1,543/mo vs $2,293/mo in New York-Newark-Jersey City. That's $750/mo or $9,000/year more expensive in New York-Newark-Jersey City (49% higher).
What is the 2-bedroom rent in Miami-Fort Lauderdale-Pompano Beach vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Miami-Fort Lauderdale-Pompano Beach is $1,543/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Miami-Fort Lauderdale-Pompano Beach and New York-Newark-Jersey City?
The median household income in Miami-Fort Lauderdale-Pompano Beach is $86,139/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 Miami-Fort Lauderdale-Pompano Beach vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Miami-Fort Lauderdale-Pompano Beach is $979/mo. In New York-Newark-Jersey City it is $1,531/mo.