Laredo vs Las Cruces
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 15% cheaper for renters. A 2-bedroom rents for $698/mo vs $806/mo in Las Cruces — saving $1,296/year.
Rent by Unit Size
| Unit Size | Laredo | Las Cruces | Difference |
|---|---|---|---|
| Studio | $463 | $537 | $74 |
| 1 Bedroom | $552 | $638 | $86 |
| 2 Bedrooms | $698 | $806 | $108 |
| 3 Bedrooms | $851 | $949 | $98 |
| 4 Bedrooms | $966 | $1,133 | $167 |
| Median Income | $40,343 | $43,858 | $3,515 |
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
Las Cruces
- Studio
- $537/mo
- 1 BR
- $638/mo
- 2 BR
- $806/mo
- 3 BR
- $949/mo
- 4 BR
- $1,133/mo
- Median Income
- $43,858/yr
Frequently Asked Questions
Is Laredo or Las Cruces cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $806/mo in Las Cruces. That's $108/mo or $1,296/year more expensive in Las Cruces (15% higher).
What is the 2-bedroom rent in Laredo vs Las Cruces?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Las Cruces, a 2-bedroom FMR is $806/month.
How do incomes compare between Laredo and Las Cruces?
The median household income in Laredo is $40,343/year. In Las Cruces it is $43,858/year. Las Cruces has the higher median income.
What is the studio rent in Laredo vs Las Cruces?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Las Cruces it is $537/mo.