FairRentWize

Philadelphia-Camden-Wilmington vs Raleigh-Cary

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Raleigh-Cary is 10% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,207/mo in Philadelphia-Camden-Wilmington — saving $1,320/year.

Rent by Unit Size

Unit SizePhiladelphia-Camden-WilmingtonRaleigh-CaryDifference
Studio$788$760$28
1 Bedroom$990$928$62
2 Bedrooms$1,207$1,097$110
3 Bedrooms$1,535$1,435$100
4 Bedrooms$1,692$1,556$136
Median Income$70,627$70,678$51

Philadelphia-Camden-Wilmington

Studio
$788/mo
1 BR
$990/mo
2 BR
$1,207/mo
3 BR
$1,535/mo
4 BR
$1,692/mo
Median Income
$70,627/yr
Full Philadelphia-Camden-Wilmington profile →

Raleigh-Cary

Studio
$760/mo
1 BR
$928/mo
2 BR
$1,097/mo
3 BR
$1,435/mo
4 BR
$1,556/mo
Median Income
$70,678/yr
Full Raleigh-Cary profile →

Frequently Asked Questions

Is Philadelphia-Camden-Wilmington or Raleigh-Cary cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,207/mo in Philadelphia-Camden-Wilmington. That's $110/mo or $1,320/year more expensive in Philadelphia-Camden-Wilmington (10% higher).
What is the 2-bedroom rent in Philadelphia-Camden-Wilmington vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Philadelphia-Camden-Wilmington is $1,207/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Philadelphia-Camden-Wilmington and Raleigh-Cary?
The median household income in Philadelphia-Camden-Wilmington is $70,627/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Philadelphia-Camden-Wilmington vs Raleigh-Cary?
A studio apartment Fair Market Rent in Philadelphia-Camden-Wilmington is $788/mo. In Raleigh-Cary it is $760/mo.