New York-Newark-Jersey City vs Santa Cruz-Watsonville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Santa Cruz-Watsonville is 30% cheaper for renters. A 2-bedroom rents for $1,760/mo vs $2,293/mo in New York-Newark-Jersey City — saving $6,396/year.
Rent by Unit Size
| Unit Size | New York-Newark-Jersey City | Santa Cruz-Watsonville | Difference |
|---|---|---|---|
| Studio | $1,531 | $1,172 | $359 |
| 1 Bedroom | $1,813 | $1,475 | $338 |
| 2 Bedrooms | $2,293 | $1,760 | $533 |
| 3 Bedrooms | $2,674 | $2,195 | $479 |
| 4 Bedrooms | $3,167 | $2,530 | $637 |
| Median Income | $124,777 | $89,493 | $35,284 |
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
Santa Cruz-Watsonville
- Studio
- $1,172/mo
- 1 BR
- $1,475/mo
- 2 BR
- $1,760/mo
- 3 BR
- $2,195/mo
- 4 BR
- $2,530/mo
- Median Income
- $89,493/yr
Frequently Asked Questions
Is New York-Newark-Jersey City or Santa Cruz-Watsonville cheaper to rent in?
Santa Cruz-Watsonville is cheaper — a 2-bedroom Fair Market Rent is $1,760/mo vs $2,293/mo in New York-Newark-Jersey City. That's $533/mo or $6,396/year more expensive in New York-Newark-Jersey City (30% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs Santa Cruz-Watsonville?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In Santa Cruz-Watsonville, a 2-bedroom FMR is $1,760/month.
How do incomes compare between New York-Newark-Jersey City and Santa Cruz-Watsonville?
The median household income in New York-Newark-Jersey City is $124,777/year. In Santa Cruz-Watsonville it is $89,493/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs Santa Cruz-Watsonville?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In Santa Cruz-Watsonville it is $1,172/mo.