Asheville vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 44% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,106/mo in Asheville — saving $4,044/year.
Rent by Unit Size
| Unit Size | Asheville | Toledo | Difference |
|---|---|---|---|
| Studio | $689 | $521 | $168 |
| 1 Bedroom | $875 | $622 | $253 |
| 2 Bedrooms | $1,106 | $769 | $337 |
| 3 Bedrooms | $1,316 | $990 | $326 |
| 4 Bedrooms | $1,577 | $1,150 | $427 |
| Median Income | $64,400 | $44,170 | $20,230 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/yr
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
Frequently Asked Questions
Is Asheville or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,106/mo in Asheville. That's $337/mo or $4,044/year more expensive in Asheville (44% higher).
What is the 2-bedroom rent in Asheville vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Asheville and Toledo?
The median household income in Asheville is $64,400/year. In Toledo it is $44,170/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Toledo?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Toledo it is $521/mo.