FairRentWize

Raleigh-Cary vs Tampa-St. Petersburg-Clearwater

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Raleigh-Cary is 11% cheaper for renters. A 2-bedroom rents for $1,097/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater — saving $1,452/year.

Rent by Unit Size

Unit SizeRaleigh-CaryTampa-St. Petersburg-ClearwaterDifference
Studio$760$817$57
1 Bedroom$928$967$39
2 Bedrooms$1,097$1,218$121
3 Bedrooms$1,435$1,527$92
4 Bedrooms$1,556$1,752$196
Median Income$70,678$69,520$1,158

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
Full Raleigh-Cary profile →

Tampa-St. Petersburg-Clearwater

Studio
$817/mo
1 BR
$967/mo
2 BR
$1,218/mo
3 BR
$1,527/mo
4 BR
$1,752/mo
Median Income
$69,520/yr
Full Tampa-St. Petersburg-Clearwater profile →

Frequently Asked Questions

Is Raleigh-Cary or Tampa-St. Petersburg-Clearwater cheaper to rent in?
Raleigh-Cary is cheaper — a 2-bedroom Fair Market Rent is $1,097/mo vs $1,218/mo in Tampa-St. Petersburg-Clearwater. That's $121/mo or $1,452/year more expensive in Tampa-St. Petersburg-Clearwater (11% higher).
What is the 2-bedroom rent in Raleigh-Cary vs Tampa-St. Petersburg-Clearwater?
The HUD Fair Market Rent for a 2-bedroom in Raleigh-Cary is $1,097/month. In Tampa-St. Petersburg-Clearwater, a 2-bedroom FMR is $1,218/month.
How do incomes compare between Raleigh-Cary and Tampa-St. Petersburg-Clearwater?
The median household income in Raleigh-Cary is $70,678/year. In Tampa-St. Petersburg-Clearwater it is $69,520/year. Raleigh-Cary has the higher median income.
What is the studio rent in Raleigh-Cary vs Tampa-St. Petersburg-Clearwater?
A studio apartment Fair Market Rent in Raleigh-Cary is $760/mo. In Tampa-St. Petersburg-Clearwater it is $817/mo.