FairRentWize

New York-Newark-Jersey City vs Olympia-Lacey-Tumwater

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Olympia-Lacey-Tumwater is 95% cheaper for renters. A 2-bedroom rents for $1,178/mo vs $2,293/mo in New York-Newark-Jersey City — saving $13,380/year.

Rent by Unit Size

Unit SizeNew York-Newark-Jersey CityOlympia-Lacey-TumwaterDifference
Studio$1,531$769$762
1 Bedroom$1,813$945$868
2 Bedrooms$2,293$1,178$1,115
3 Bedrooms$2,674$1,376$1,298
4 Bedrooms$3,167$1,633$1,534
Median Income$124,777$67,966$56,811

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 →

Olympia-Lacey-Tumwater

Studio
$769/mo
1 BR
$945/mo
2 BR
$1,178/mo
3 BR
$1,376/mo
4 BR
$1,633/mo
Median Income
$67,966/yr
Full Olympia-Lacey-Tumwater profile →

Frequently Asked Questions

Is New York-Newark-Jersey City or Olympia-Lacey-Tumwater cheaper to rent in?
Olympia-Lacey-Tumwater is cheaper — a 2-bedroom Fair Market Rent is $1,178/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,115/mo or $13,380/year more expensive in New York-Newark-Jersey City (95% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs Olympia-Lacey-Tumwater?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In Olympia-Lacey-Tumwater, a 2-bedroom FMR is $1,178/month.
How do incomes compare between New York-Newark-Jersey City and Olympia-Lacey-Tumwater?
The median household income in New York-Newark-Jersey City is $124,777/year. In Olympia-Lacey-Tumwater it is $67,966/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs Olympia-Lacey-Tumwater?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In Olympia-Lacey-Tumwater it is $769/mo.