Bismarck vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 17% cheaper for renters. A 2-bedroom rents for $698/mo vs $817/mo in Bismarck — saving $1,428/year.
Rent by Unit Size
| Unit Size | Bismarck | Laredo | Difference |
|---|---|---|---|
| Studio | $555 | $463 | $92 |
| 1 Bedroom | $667 | $552 | $115 |
| 2 Bedrooms | $817 | $698 | $119 |
| 3 Bedrooms | $1,020 | $851 | $169 |
| 4 Bedrooms | $1,141 | $966 | $175 |
| Median Income | $52,444 | $40,343 | $12,101 |
Bismarck
- Studio
- $555/mo
- 1 BR
- $667/mo
- 2 BR
- $817/mo
- 3 BR
- $1,020/mo
- 4 BR
- $1,141/mo
- Median Income
- $52,444/yr
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Bismarck or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $817/mo in Bismarck. That's $119/mo or $1,428/year more expensive in Bismarck (17% higher).
What is the 2-bedroom rent in Bismarck vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Bismarck and Laredo?
The median household income in Bismarck is $52,444/year. In Laredo it is $40,343/year. Bismarck has the higher median income.
What is the studio rent in Bismarck vs Laredo?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Laredo it is $463/mo.