Akron vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Akron is 29% cheaper for renters. A 2-bedroom rents for $822/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $2,820/year.
Rent by Unit Size
| Unit Size | Akron | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $552 | $712 | $160 |
| 1 Bedroom | $662 | $871 | $209 |
| 2 Bedrooms | $822 | $1,057 | $235 |
| 3 Bedrooms | $1,025 | $1,335 | $310 |
| 4 Bedrooms | $1,215 | $1,531 | $316 |
| Median Income | $43,989 | $62,156 | $18,167 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Akron or Palm Bay-Melbourne-Titusville cheaper to rent in?
Akron is cheaper — a 2-bedroom Fair Market Rent is $822/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $235/mo or $2,820/year more expensive in Palm Bay-Melbourne-Titusville (29% higher).
What is the 2-bedroom rent in Akron vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Akron and Palm Bay-Melbourne-Titusville?
The median household income in Akron is $43,989/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Akron vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Akron is $552/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.