Laredo vs Modesto
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 56% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,092/mo in Modesto — saving $4,728/year.
Rent by Unit Size
| Unit Size | Laredo | Modesto | Difference |
|---|---|---|---|
| Studio | $463 | $727 | $264 |
| 1 Bedroom | $552 | $912 | $360 |
| 2 Bedrooms | $698 | $1,092 | $394 |
| 3 Bedrooms | $851 | $1,412 | $561 |
| 4 Bedrooms | $966 | $1,509 | $543 |
| Median Income | $40,343 | $56,394 | $16,051 |
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
Modesto
- Studio
- $727/mo
- 1 BR
- $912/mo
- 2 BR
- $1,092/mo
- 3 BR
- $1,412/mo
- 4 BR
- $1,509/mo
- Median Income
- $56,394/yr
Frequently Asked Questions
Is Laredo or Modesto cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,092/mo in Modesto. That's $394/mo or $4,728/year more expensive in Modesto (56% higher).
What is the 2-bedroom rent in Laredo vs Modesto?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Modesto, a 2-bedroom FMR is $1,092/month.
How do incomes compare between Laredo and Modesto?
The median household income in Laredo is $40,343/year. In Modesto it is $56,394/year. Modesto has the higher median income.
What is the studio rent in Laredo vs Modesto?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Modesto it is $727/mo.