Chattanooga vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 7% cheaper for renters. A 2-bedroom rents for $769/mo vs $820/mo in Chattanooga — saving $612/year.
Rent by Unit Size
| Unit Size | Chattanooga | Toledo | Difference |
|---|---|---|---|
| Studio | $557 | $521 | $36 |
| 1 Bedroom | $669 | $622 | $47 |
| 2 Bedrooms | $820 | $769 | $51 |
| 3 Bedrooms | $1,035 | $990 | $45 |
| 4 Bedrooms | $1,226 | $1,150 | $76 |
| Median Income | $44,498 | $44,170 | $328 |
Chattanooga
- Studio
- $557/mo
- 1 BR
- $669/mo
- 2 BR
- $820/mo
- 3 BR
- $1,035/mo
- 4 BR
- $1,226/mo
- Median Income
- $44,498/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 Chattanooga or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $820/mo in Chattanooga. That's $51/mo or $612/year more expensive in Chattanooga (7% higher).
What is the 2-bedroom rent in Chattanooga vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Chattanooga is $820/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Chattanooga and Toledo?
The median household income in Chattanooga is $44,498/year. In Toledo it is $44,170/year. Chattanooga has the higher median income.
What is the studio rent in Chattanooga vs Toledo?
A studio apartment Fair Market Rent in Chattanooga is $557/mo. In Toledo it is $521/mo.