Providence-Warwick vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Raleigh-Cary is 2% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,122/mo in Providence-Warwick — saving $300/year.
Rent by Unit Size
| Unit Size | Providence-Warwick | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $784 | $760 | $24 |
| 1 Bedroom | $946 | $928 | $18 |
| 2 Bedrooms | $1,122 | $1,097 | $25 |
| 3 Bedrooms | $1,429 | $1,435 | $6 |
| 4 Bedrooms | $1,663 | $1,556 | $107 |
| Median Income | $69,693 | $70,678 | $985 |
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/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 Providence-Warwick or Raleigh-Cary cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,122/mo in Providence-Warwick. That's $25/mo or $300/year more expensive in Providence-Warwick (2% higher).
What is the 2-bedroom rent in Providence-Warwick vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Providence-Warwick is $1,122/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Providence-Warwick and Raleigh-Cary?
The median household income in Providence-Warwick is $69,693/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Providence-Warwick vs Raleigh-Cary?
A studio apartment Fair Market Rent in Providence-Warwick is $784/mo. In Raleigh-Cary it is $760/mo.