Cleveland-Elyria vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 10% cheaper for renters. A 2-bedroom rents for $769/mo vs $844/mo in Cleveland-Elyria — saving $900/year.
Rent by Unit Size
| Unit Size | Cleveland-Elyria | Toledo | Difference |
|---|---|---|---|
| Studio | $566 | $521 | $45 |
| 1 Bedroom | $677 | $622 | $55 |
| 2 Bedrooms | $844 | $769 | $75 |
| 3 Bedrooms | $1,081 | $990 | $91 |
| 4 Bedrooms | $1,197 | $1,150 | $47 |
| Median Income | $59,020 | $44,170 | $14,850 |
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
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 Cleveland-Elyria or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $844/mo in Cleveland-Elyria. That's $75/mo or $900/year more expensive in Cleveland-Elyria (10% higher).
What is the 2-bedroom rent in Cleveland-Elyria vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Cleveland-Elyria is $844/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Cleveland-Elyria and Toledo?
The median household income in Cleveland-Elyria is $59,020/year. In Toledo it is $44,170/year. Cleveland-Elyria has the higher median income.
What is the studio rent in Cleveland-Elyria vs Toledo?
A studio apartment Fair Market Rent in Cleveland-Elyria is $566/mo. In Toledo it is $521/mo.