FairRentWize

Chico vs Laredo

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Laredo is 52% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,059/mo in Chico — saving $4,332/year.

Rent by Unit Size

Unit SizeChicoLaredoDifference
Studio$698$463$235
1 Bedroom$859$552$307
2 Bedrooms$1,059$698$361
3 Bedrooms$1,354$851$503
4 Bedrooms$1,491$966$525
Median Income$66,884$40,343$26,541

Chico

Studio
$698/mo
1 BR
$859/mo
2 BR
$1,059/mo
3 BR
$1,354/mo
4 BR
$1,491/mo
Median Income
$66,884/yr
Full Chico profile →

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
Full Laredo profile →

Frequently Asked Questions

Is Chico or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,059/mo in Chico. That's $361/mo or $4,332/year more expensive in Chico (52% higher).
What is the 2-bedroom rent in Chico vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Chico and Laredo?
The median household income in Chico is $66,884/year. In Laredo it is $40,343/year. Chico has the higher median income.
What is the studio rent in Chico vs Laredo?
A studio apartment Fair Market Rent in Chico is $698/mo. In Laredo it is $463/mo.