Fort Wayne vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 11% cheaper for renters. A 2-bedroom rents for $698/mo vs $777/mo in Fort Wayne — saving $948/year.
Rent by Unit Size
| Unit Size | Fort Wayne | Laredo | Difference |
|---|---|---|---|
| Studio | $499 | $463 | $36 |
| 1 Bedroom | $639 | $552 | $87 |
| 2 Bedrooms | $777 | $698 | $79 |
| 3 Bedrooms | $969 | $851 | $118 |
| 4 Bedrooms | $1,175 | $966 | $209 |
| Median Income | $47,806 | $40,343 | $7,463 |
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/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 Fort Wayne or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $777/mo in Fort Wayne. That's $79/mo or $948/year more expensive in Fort Wayne (11% higher).
What is the 2-bedroom rent in Fort Wayne vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Fort Wayne is $777/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Fort Wayne and Laredo?
The median household income in Fort Wayne is $47,806/year. In Laredo it is $40,343/year. Fort Wayne has the higher median income.
What is the studio rent in Fort Wayne vs Laredo?
A studio apartment Fair Market Rent in Fort Wayne is $499/mo. In Laredo it is $463/mo.