Chico vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 38% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,059/mo in Chico — saving $3,480/year.
Rent by Unit Size
| Unit Size | Chico | Toledo | Difference |
|---|---|---|---|
| Studio | $698 | $521 | $177 |
| 1 Bedroom | $859 | $622 | $237 |
| 2 Bedrooms | $1,059 | $769 | $290 |
| 3 Bedrooms | $1,354 | $990 | $364 |
| 4 Bedrooms | $1,491 | $1,150 | $341 |
| Median Income | $66,884 | $44,170 | $22,714 |
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
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 Chico or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,059/mo in Chico. That's $290/mo or $3,480/year more expensive in Chico (38% higher).
What is the 2-bedroom rent in Chico vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Chico and Toledo?
The median household income in Chico is $66,884/year. In Toledo it is $44,170/year. Chico has the higher median income.
What is the studio rent in Chico vs Toledo?
A studio apartment Fair Market Rent in Chico is $698/mo. In Toledo it is $521/mo.