Bismarck vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 6% cheaper for renters. A 2-bedroom rents for $769/mo vs $817/mo in Bismarck — saving $576/year.
Rent by Unit Size
| Unit Size | Bismarck | Toledo | Difference |
|---|---|---|---|
| Studio | $555 | $521 | $34 |
| 1 Bedroom | $667 | $622 | $45 |
| 2 Bedrooms | $817 | $769 | $48 |
| 3 Bedrooms | $1,020 | $990 | $30 |
| 4 Bedrooms | $1,141 | $1,150 | $9 |
| Median Income | $52,444 | $44,170 | $8,274 |
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
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 Bismarck or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $817/mo in Bismarck. That's $48/mo or $576/year more expensive in Bismarck (6% higher).
What is the 2-bedroom rent in Bismarck vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Bismarck and Toledo?
The median household income in Bismarck is $52,444/year. In Toledo it is $44,170/year. Bismarck has the higher median income.
What is the studio rent in Bismarck vs Toledo?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Toledo it is $521/mo.