Detroit-Warren-Dearborn vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 22% cheaper for renters. A 2-bedroom rents for $698/mo vs $852/mo in Detroit-Warren-Dearborn — saving $1,848/year.
Rent by Unit Size
| Unit Size | Detroit-Warren-Dearborn | Laredo | Difference |
|---|---|---|---|
| Studio | $560 | $463 | $97 |
| 1 Bedroom | $718 | $552 | $166 |
| 2 Bedrooms | $852 | $698 | $154 |
| 3 Bedrooms | $1,136 | $851 | $285 |
| 4 Bedrooms | $1,314 | $966 | $348 |
| Median Income | $56,005 | $40,343 | $15,662 |
Detroit-Warren-Dearborn
- Studio
- $560/mo
- 1 BR
- $718/mo
- 2 BR
- $852/mo
- 3 BR
- $1,136/mo
- 4 BR
- $1,314/mo
- Median Income
- $56,005/yr
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
Frequently Asked Questions
Is Detroit-Warren-Dearborn or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $852/mo in Detroit-Warren-Dearborn. That's $154/mo or $1,848/year more expensive in Detroit-Warren-Dearborn (22% higher).
What is the 2-bedroom rent in Detroit-Warren-Dearborn vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Detroit-Warren-Dearborn is $852/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Detroit-Warren-Dearborn and Laredo?
The median household income in Detroit-Warren-Dearborn is $56,005/year. In Laredo it is $40,343/year. Detroit-Warren-Dearborn has the higher median income.
What is the studio rent in Detroit-Warren-Dearborn vs Laredo?
A studio apartment Fair Market Rent in Detroit-Warren-Dearborn is $560/mo. In Laredo it is $463/mo.