Raleigh-Cary vs Syracuse
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Syracuse is 34% cheaper for renters. A 2-bedroom rents for $820/mo vs $1,097/mo in Raleigh-Cary — saving $3,324/year.
Rent by Unit Size
| Unit Size | Raleigh-Cary | Syracuse | Difference |
|---|---|---|---|
| Studio | $760 | $546 | $214 |
| 1 Bedroom | $928 | $686 | $242 |
| 2 Bedrooms | $1,097 | $820 | $277 |
| 3 Bedrooms | $1,435 | $1,051 | $384 |
| 4 Bedrooms | $1,556 | $1,207 | $349 |
| Median Income | $70,678 | $42,142 | $28,536 |
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
Syracuse
- Studio
- $546/mo
- 1 BR
- $686/mo
- 2 BR
- $820/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,207/mo
- Median Income
- $42,142/yr
Frequently Asked Questions
Is Raleigh-Cary or Syracuse cheaper to rent in?
Syracuse is cheaper — a 2-bedroom Fair Market Rent is $820/mo vs $1,097/mo in Raleigh-Cary. That's $277/mo or $3,324/year more expensive in Raleigh-Cary (34% higher).
What is the 2-bedroom rent in Raleigh-Cary vs Syracuse?
The HUD Fair Market Rent for a 2-bedroom in Raleigh-Cary is $1,097/month. In Syracuse, a 2-bedroom FMR is $820/month.
How do incomes compare between Raleigh-Cary and Syracuse?
The median household income in Raleigh-Cary is $70,678/year. In Syracuse it is $42,142/year. Raleigh-Cary has the higher median income.
What is the studio rent in Raleigh-Cary vs Syracuse?
A studio apartment Fair Market Rent in Raleigh-Cary is $760/mo. In Syracuse it is $546/mo.