Raleigh-Cary vs South Bend-Mishawaka
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
South Bend-Mishawaka is 52% cheaper for renters. A 2-bedroom rents for $724/mo vs $1,097/mo in Raleigh-Cary — saving $4,476/year.
Rent by Unit Size
| Unit Size | Raleigh-Cary | South Bend-Mishawaka | Difference |
|---|---|---|---|
| Studio | $760 | $500 | $260 |
| 1 Bedroom | $928 | $609 | $319 |
| 2 Bedrooms | $1,097 | $724 | $373 |
| 3 Bedrooms | $1,435 | $947 | $488 |
| 4 Bedrooms | $1,556 | $1,108 | $448 |
| Median Income | $70,678 | $45,155 | $25,523 |
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
South Bend-Mishawaka
- Studio
- $500/mo
- 1 BR
- $609/mo
- 2 BR
- $724/mo
- 3 BR
- $947/mo
- 4 BR
- $1,108/mo
- Median Income
- $45,155/yr
Frequently Asked Questions
Is Raleigh-Cary or South Bend-Mishawaka cheaper to rent in?
South Bend-Mishawaka is cheaper — a 2-bedroom Fair Market Rent is $724/mo vs $1,097/mo in Raleigh-Cary. That's $373/mo or $4,476/year more expensive in Raleigh-Cary (52% higher).
What is the 2-bedroom rent in Raleigh-Cary vs South Bend-Mishawaka?
The HUD Fair Market Rent for a 2-bedroom in Raleigh-Cary is $1,097/month. In South Bend-Mishawaka, a 2-bedroom FMR is $724/month.
How do incomes compare between Raleigh-Cary and South Bend-Mishawaka?
The median household income in Raleigh-Cary is $70,678/year. In South Bend-Mishawaka it is $45,155/year. Raleigh-Cary has the higher median income.
What is the studio rent in Raleigh-Cary vs South Bend-Mishawaka?
A studio apartment Fair Market Rent in Raleigh-Cary is $760/mo. In South Bend-Mishawaka it is $500/mo.