Raleigh-Cary vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Raleigh-Cary is 48% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,623/mo in San Luis Obispo — saving $6,312/year.
Rent by Unit Size
| Unit Size | Raleigh-Cary | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $760 | $1,065 | $305 |
| 1 Bedroom | $928 | $1,360 | $432 |
| 2 Bedrooms | $1,097 | $1,623 | $526 |
| 3 Bedrooms | $1,435 | $2,039 | $604 |
| 4 Bedrooms | $1,556 | $2,372 | $816 |
| Median Income | $70,678 | $94,761 | $24,083 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is Raleigh-Cary or San Luis Obispo cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,623/mo in San Luis Obispo. That's $526/mo or $6,312/year more expensive in San Luis Obispo (48% higher).
What is the 2-bedroom rent in Raleigh-Cary vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Raleigh-Cary is $1,097/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Raleigh-Cary and San Luis Obispo?
The median household income in Raleigh-Cary is $70,678/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Raleigh-Cary vs San Luis Obispo?
A studio apartment Fair Market Rent in Raleigh-Cary is $760/mo. In San Luis Obispo it is $1,065/mo.