New York-Newark-Jersey City vs Roanoke
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Roanoke is 186% cheaper for renters. A 2-bedroom rents for $803/mo vs $2,293/mo in New York-Newark-Jersey City — saving $17,880/year.
Rent by Unit Size
| Unit Size | New York-Newark-Jersey City | Roanoke | Difference |
|---|---|---|---|
| Studio | $1,531 | $518 | $1,013 |
| 1 Bedroom | $1,813 | $643 | $1,170 |
| 2 Bedrooms | $2,293 | $803 | $1,490 |
| 3 Bedrooms | $2,674 | $980 | $1,694 |
| 4 Bedrooms | $3,167 | $1,168 | $1,999 |
| Median Income | $124,777 | $51,099 | $73,678 |
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
Roanoke
- Studio
- $518/mo
- 1 BR
- $643/mo
- 2 BR
- $803/mo
- 3 BR
- $980/mo
- 4 BR
- $1,168/mo
- Median Income
- $51,099/yr
Frequently Asked Questions
Is New York-Newark-Jersey City or Roanoke cheaper to rent in?
Roanoke is cheaper — a 2-bedroom Fair Market Rent is $803/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,490/mo or $17,880/year more expensive in New York-Newark-Jersey City (186% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs Roanoke?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In Roanoke, a 2-bedroom FMR is $803/month.
How do incomes compare between New York-Newark-Jersey City and Roanoke?
The median household income in New York-Newark-Jersey City is $124,777/year. In Roanoke it is $51,099/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs Roanoke?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In Roanoke it is $518/mo.