New York-Newark-Jersey City vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Virginia Beach-Norfolk-Newport News is 131% cheaper for renters. A 2-bedroom rents for $994/mo vs $2,293/mo in New York-Newark-Jersey City — saving $15,588/year.
Rent by Unit Size
| Unit Size | New York-Newark-Jersey City | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $1,531 | $659 | $872 |
| 1 Bedroom | $1,813 | $824 | $989 |
| 2 Bedrooms | $2,293 | $994 | $1,299 |
| 3 Bedrooms | $2,674 | $1,234 | $1,440 |
| 4 Bedrooms | $3,167 | $1,448 | $1,719 |
| Median Income | $124,777 | $57,948 | $66,829 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is New York-Newark-Jersey City or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,299/mo or $15,588/year more expensive in New York-Newark-Jersey City (131% higher).
What is the 2-bedroom rent in New York-Newark-Jersey City vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in New York-Newark-Jersey City is $2,293/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between New York-Newark-Jersey City and Virginia Beach-Norfolk-Newport News?
The median household income in New York-Newark-Jersey City is $124,777/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in New York-Newark-Jersey City vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in New York-Newark-Jersey City is $1,531/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.