FairRentWize

Cleveland-Elyria vs Merced

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Cleveland-Elyria is 25% cheaper for renters. A 2-bedroom rents for $844/mo vs $1,055/mo in Merced — saving $2,532/year.

Rent by Unit Size

Unit SizeCleveland-ElyriaMercedDifference
Studio$566$696$130
1 Bedroom$677$865$188
2 Bedrooms$844$1,055$211
3 Bedrooms$1,081$1,328$247
4 Bedrooms$1,197$1,460$263
Median Income$59,020$60,958$1,938

Cleveland-Elyria

Studio
$566/mo
1 BR
$677/mo
2 BR
$844/mo
3 BR
$1,081/mo
4 BR
$1,197/mo
Median Income
$59,020/yr
Full Cleveland-Elyria profile →

Merced

Studio
$696/mo
1 BR
$865/mo
2 BR
$1,055/mo
3 BR
$1,328/mo
4 BR
$1,460/mo
Median Income
$60,958/yr
Full Merced profile →

Frequently Asked Questions

Is Cleveland-Elyria or Merced cheaper to rent in?
Cleveland-Elyria is cheaper — a 2-bedroom Fair Market Rent is $844/mo vs $1,055/mo in Merced. That's $211/mo or $2,532/year more expensive in Merced (25% higher).
What is the 2-bedroom rent in Cleveland-Elyria vs Merced?
The HUD Fair Market Rent for a 2-bedroom in Cleveland-Elyria is $844/month. In Merced, a 2-bedroom FMR is $1,055/month.
How do incomes compare between Cleveland-Elyria and Merced?
The median household income in Cleveland-Elyria is $59,020/year. In Merced it is $60,958/year. Merced has the higher median income.
What is the studio rent in Cleveland-Elyria vs Merced?
A studio apartment Fair Market Rent in Cleveland-Elyria is $566/mo. In Merced it is $696/mo.