New York-Newark-Jersey City vs Phoenix-Mesa-Chandler
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Phoenix-Mesa-Chandler is 98% cheaper for renters. A 2-bedroom rents for $1,158/mo vs $2,293/mo in New York-Newark-Jersey City — saving $13,620/year.
Rent by Unit Size
| Unit Size | New York-Newark-Jersey City | Phoenix-Mesa-Chandler | Difference |
|---|---|---|---|
| Studio | $1,531 | $752 | $779 |
| 1 Bedroom | $1,813 | $943 | $870 |
| 2 Bedrooms | $2,293 | $1,158 | $1,135 |
| 3 Bedrooms | $2,674 | $1,495 | $1,179 |
| 4 Bedrooms | $3,167 | $1,715 | $1,452 |
| Median Income | $124,777 | $62,754 | $62,023 |
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
Phoenix-Mesa-Chandler
- Studio
- $752/mo
- 1 BR
- $943/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,495/mo
- 4 BR
- $1,715/mo
- Median Income
- $62,754/yr
Frequently Asked Questions
Is New York-Newark-Jersey City or Phoenix-Mesa-Chandler cheaper to rent in?
Phoenix-Mesa-Chandler is cheaper — a 2-bedroom Fair Market Rent is $1,158/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,135/mo or $13,620/year more expensive in New York-Newark-Jersey City (98% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs Phoenix-Mesa-Chandler?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In Phoenix-Mesa-Chandler, a 2-bedroom FMR is $1,158/month.
How do incomes compare between New York-Newark-Jersey City and Phoenix-Mesa-Chandler?
The median household income in New York-Newark-Jersey City is $124,777/year. In Phoenix-Mesa-Chandler it is $62,754/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs Phoenix-Mesa-Chandler?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In Phoenix-Mesa-Chandler it is $752/mo.