Durham-Chapel Hill vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 57% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,098/mo in Durham-Chapel Hill — saving $4,800/year.
Rent by Unit Size
| Unit Size | Durham-Chapel Hill | Laredo | Difference |
|---|---|---|---|
| Studio | $730 | $463 | $267 |
| 1 Bedroom | $882 | $552 | $330 |
| 2 Bedrooms | $1,098 | $698 | $400 |
| 3 Bedrooms | $1,391 | $851 | $540 |
| 4 Bedrooms | $1,605 | $966 | $639 |
| Median Income | $69,791 | $40,343 | $29,448 |
Durham-Chapel Hill
- Studio
- $730/mo
- 1 BR
- $882/mo
- 2 BR
- $1,098/mo
- 3 BR
- $1,391/mo
- 4 BR
- $1,605/mo
- Median Income
- $69,791/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 Durham-Chapel Hill or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,098/mo in Durham-Chapel Hill. That's $400/mo or $4,800/year more expensive in Durham-Chapel Hill (57% higher).
What is the 2-bedroom rent in Durham-Chapel Hill vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Durham-Chapel Hill is $1,098/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Durham-Chapel Hill and Laredo?
The median household income in Durham-Chapel Hill is $69,791/year. In Laredo it is $40,343/year. Durham-Chapel Hill has the higher median income.
What is the studio rent in Durham-Chapel Hill vs Laredo?
A studio apartment Fair Market Rent in Durham-Chapel Hill is $730/mo. In Laredo it is $463/mo.