El Paso vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 24% cheaper for renters. A 2-bedroom rents for $698/mo vs $868/mo in El Paso — saving $2,040/year.
Rent by Unit Size
| Unit Size | El Paso | Laredo | Difference |
|---|---|---|---|
| Studio | $557 | $463 | $94 |
| 1 Bedroom | $685 | $552 | $133 |
| 2 Bedrooms | $868 | $698 | $170 |
| 3 Bedrooms | $1,052 | $851 | $201 |
| 4 Bedrooms | $1,194 | $966 | $228 |
| Median Income | $45,964 | $40,343 | $5,621 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $868/mo in El Paso. That's $170/mo or $2,040/year more expensive in El Paso (24% higher).
What is the 2-bedroom rent in El Paso vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between El Paso and Laredo?
The median household income in El Paso is $45,964/year. In Laredo it is $40,343/year. El Paso has the higher median income.
What is the studio rent in El Paso vs Laredo?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Laredo it is $463/mo.