Charlottesville vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 40% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,075/mo in Charlottesville — saving $3,672/year.
Rent by Unit Size
| Unit Size | Charlottesville | Toledo | Difference |
|---|---|---|---|
| Studio | $700 | $521 | $179 |
| 1 Bedroom | $878 | $622 | $256 |
| 2 Bedrooms | $1,075 | $769 | $306 |
| 3 Bedrooms | $1,404 | $990 | $414 |
| 4 Bedrooms | $1,498 | $1,150 | $348 |
| Median Income | $70,871 | $44,170 | $26,701 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/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 Charlottesville or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,075/mo in Charlottesville. That's $306/mo or $3,672/year more expensive in Charlottesville (40% higher).
What is the 2-bedroom rent in Charlottesville vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Charlottesville and Toledo?
The median household income in Charlottesville is $70,871/year. In Toledo it is $44,170/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Toledo?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Toledo it is $521/mo.