New York-Newark-Jersey City vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Palm Bay-Melbourne-Titusville is 117% cheaper for renters. A 2-bedroom rents for $1,057/mo vs $2,293/mo in New York-Newark-Jersey City — saving $14,832/year.
Rent by Unit Size
| Unit Size | New York-Newark-Jersey City | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $1,531 | $712 | $819 |
| 1 Bedroom | $1,813 | $871 | $942 |
| 2 Bedrooms | $2,293 | $1,057 | $1,236 |
| 3 Bedrooms | $2,674 | $1,335 | $1,339 |
| 4 Bedrooms | $3,167 | $1,531 | $1,636 |
| Median Income | $124,777 | $62,156 | $62,621 |
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
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is New York-Newark-Jersey City or Palm Bay-Melbourne-Titusville cheaper to rent in?
Palm Bay-Melbourne-Titusville is cheaper — a 2-bedroom Fair Market Rent is $1,057/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,236/mo or $14,832/year more expensive in New York-Newark-Jersey City (117% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between New York-Newark-Jersey City and Palm Bay-Melbourne-Titusville?
The median household income in New York-Newark-Jersey City is $124,777/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.