FairRentWize

Ann Arbor vs Toledo

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Toledo is 52% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,170/mo in Ann Arbor — saving $4,812/year.

Rent by Unit Size

Unit SizeAnn ArborToledoDifference
Studio$781$521$260
1 Bedroom$945$622$323
2 Bedrooms$1,170$769$401
3 Bedrooms$1,486$990$496
4 Bedrooms$1,736$1,150$586
Median Income$58,245$44,170$14,075

Ann Arbor

Studio
$781/mo
1 BR
$945/mo
2 BR
$1,170/mo
3 BR
$1,486/mo
4 BR
$1,736/mo
Median Income
$58,245/yr
Full Ann Arbor profile →

Toledo

Studio
$521/mo
1 BR
$622/mo
2 BR
$769/mo
3 BR
$990/mo
4 BR
$1,150/mo
Median Income
$44,170/yr
Full Toledo profile →

Frequently Asked Questions

Is Ann Arbor or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,170/mo in Ann Arbor. That's $401/mo or $4,812/year more expensive in Ann Arbor (52% higher).
What is the 2-bedroom rent in Ann Arbor vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Ann Arbor and Toledo?
The median household income in Ann Arbor is $58,245/year. In Toledo it is $44,170/year. Ann Arbor has the higher median income.
What is the studio rent in Ann Arbor vs Toledo?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Toledo it is $521/mo.