Champaign-Urbana vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Champaign-Urbana is 38% cheaper for renters. A 2-bedroom rents for $764/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $3,516/year.
Rent by Unit Size
| Unit Size | Champaign-Urbana | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $503 | $712 | $209 |
| 1 Bedroom | $642 | $871 | $229 |
| 2 Bedrooms | $764 | $1,057 | $293 |
| 3 Bedrooms | $1,017 | $1,335 | $318 |
| 4 Bedrooms | $1,103 | $1,531 | $428 |
| Median Income | $49,808 | $62,156 | $12,348 |
Champaign-Urbana
- Studio
- $503/mo
- 1 BR
- $642/mo
- 2 BR
- $764/mo
- 3 BR
- $1,017/mo
- 4 BR
- $1,103/mo
- Median Income
- $49,808/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 Champaign-Urbana or Palm Bay-Melbourne-Titusville cheaper to rent in?
Champaign-Urbana is cheaper — a 2-bedroom Fair Market Rent is $764/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $293/mo or $3,516/year more expensive in Palm Bay-Melbourne-Titusville (38% higher).
What is the 2-bedroom rent in Champaign-Urbana vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Champaign-Urbana is $764/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Champaign-Urbana and Palm Bay-Melbourne-Titusville?
The median household income in Champaign-Urbana is $49,808/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 Champaign-Urbana vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Champaign-Urbana is $503/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.