FairRentWize

New York-Newark-Jersey City vs Santa Fe

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Santa Fe is 102% cheaper for renters. A 2-bedroom rents for $1,135/mo vs $2,293/mo in New York-Newark-Jersey City — saving $13,896/year.

Rent by Unit Size

Unit SizeNew York-Newark-Jersey CitySanta FeDifference
Studio$1,531$754$777
1 Bedroom$1,813$923$890
2 Bedrooms$2,293$1,135$1,158
3 Bedrooms$2,674$1,361$1,313
4 Bedrooms$3,167$1,696$1,471
Median Income$124,777$59,153$65,624

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
Full New York-Newark-Jersey City profile →

Santa Fe

Studio
$754/mo
1 BR
$923/mo
2 BR
$1,135/mo
3 BR
$1,361/mo
4 BR
$1,696/mo
Median Income
$59,153/yr
Full Santa Fe profile →

Frequently Asked Questions

Is New York-Newark-Jersey City or Santa Fe cheaper to rent in?
Santa Fe is cheaper — a 2-bedroom Fair Market Rent is $1,135/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,158/mo or $13,896/year more expensive in New York-Newark-Jersey City (102% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs Santa Fe?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In Santa Fe, a 2-bedroom FMR is $1,135/month.
How do incomes compare between New York-Newark-Jersey City and Santa Fe?
The median household income in New York-Newark-Jersey City is $124,777/year. In Santa Fe it is $59,153/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs Santa Fe?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In Santa Fe it is $754/mo.