New York-Newark-Jersey City vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
San Luis Obispo is 41% cheaper for renters. A 2-bedroom rents for $1,623/mo vs $2,293/mo in New York-Newark-Jersey City — saving $8,040/year.
Rent by Unit Size
| Unit Size | New York-Newark-Jersey City | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $1,531 | $1,065 | $466 |
| 1 Bedroom | $1,813 | $1,360 | $453 |
| 2 Bedrooms | $2,293 | $1,623 | $670 |
| 3 Bedrooms | $2,674 | $2,039 | $635 |
| 4 Bedrooms | $3,167 | $2,372 | $795 |
| Median Income | $124,777 | $94,761 | $30,016 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is New York-Newark-Jersey City or San Luis Obispo cheaper to rent in?
San Luis Obispo is cheaper — a 2-bedroom Fair Market Rent is $1,623/mo vs $2,293/mo in New York-Newark-Jersey City. That's $670/mo or $8,040/year more expensive in New York-Newark-Jersey City (41% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between New York-Newark-Jersey City and San Luis Obispo?
The median household income in New York-Newark-Jersey City is $124,777/year. In San Luis Obispo it is $94,761/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs San Luis Obispo?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In San Luis Obispo it is $1,065/mo.