Raleigh-Cary vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Virginia Beach-Norfolk-Newport News is 10% cheaper for renters. A 2-bedroom rents for $994/mo vs $1,097/mo in Raleigh-Cary — saving $1,236/year.
Rent by Unit Size
| Unit Size | Raleigh-Cary | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $760 | $659 | $101 |
| 1 Bedroom | $928 | $824 | $104 |
| 2 Bedrooms | $1,097 | $994 | $103 |
| 3 Bedrooms | $1,435 | $1,234 | $201 |
| 4 Bedrooms | $1,556 | $1,448 | $108 |
| Median Income | $70,678 | $57,948 | $12,730 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is Raleigh-Cary or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Virginia Beach-Norfolk-Newport News is cheaper — a 2-bedroom Fair Market Rent is $994/mo vs $1,097/mo in Raleigh-Cary. That's $103/mo or $1,236/year more expensive in Raleigh-Cary (10% higher).
What is the 2-bedroom rent in Raleigh-Cary vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Raleigh-Cary is $1,097/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Raleigh-Cary and Virginia Beach-Norfolk-Newport News?
The median household income in Raleigh-Cary is $70,678/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Raleigh-Cary has the higher median income.
What is the studio rent in Raleigh-Cary vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Raleigh-Cary is $760/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.