Phoenix-Mesa-Chandler vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Raleigh-Cary is 6% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,158/mo in Phoenix-Mesa-Chandler — saving $732/year.
Rent by Unit Size
| Unit Size | Phoenix-Mesa-Chandler | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $752 | $760 | $8 |
| 1 Bedroom | $943 | $928 | $15 |
| 2 Bedrooms | $1,158 | $1,097 | $61 |
| 3 Bedrooms | $1,495 | $1,435 | $60 |
| 4 Bedrooms | $1,715 | $1,556 | $159 |
| Median Income | $62,754 | $70,678 | $7,924 |
Phoenix-Mesa-Chandler
- Studio
- $752/mo
- 1 BR
- $943/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,495/mo
- 4 BR
- $1,715/mo
- Median Income
- $62,754/yr
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
Frequently Asked Questions
Is Phoenix-Mesa-Chandler or Raleigh-Cary cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,158/mo in Phoenix-Mesa-Chandler. That's $61/mo or $732/year more expensive in Phoenix-Mesa-Chandler (6% higher).
What is the 2-bedroom rent in Phoenix-Mesa-Chandler vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Phoenix-Mesa-Chandler is $1,158/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Phoenix-Mesa-Chandler and Raleigh-Cary?
The median household income in Phoenix-Mesa-Chandler is $62,754/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Phoenix-Mesa-Chandler vs Raleigh-Cary?
A studio apartment Fair Market Rent in Phoenix-Mesa-Chandler is $752/mo. In Raleigh-Cary it is $760/mo.