FairRentWize

Laredo vs New York-Newark-Jersey City

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Laredo is 229% cheaper for renters. A 2-bedroom rents for $698/mo vs $2,293/mo in New York-Newark-Jersey City — saving $19,140/year.

Rent by Unit Size

Unit SizeLaredoNew York-Newark-Jersey CityDifference
Studio$463$1,531$1,068
1 Bedroom$552$1,813$1,261
2 Bedrooms$698$2,293$1,595
3 Bedrooms$851$2,674$1,823
4 Bedrooms$966$3,167$2,201
Median Income$40,343$124,777$84,434

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
Full Laredo profile →

New York-Newark-Jersey City

Studio
$1,531/mo
1 BR
$1,813/mo
2 BR
$2,293/mo
3 BR
$2,674/mo
4 BR
$3,167/mo
Median Income
$124,777/yr
Full New York-Newark-Jersey City profile →

Frequently Asked Questions

Is Laredo or New York-Newark-Jersey City cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,595/mo or $19,140/year more expensive in New York-Newark-Jersey City (229% higher).
What is the 2-bedroom rent in Laredo vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Laredo and New York-Newark-Jersey City?
The median household income in Laredo is $40,343/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Laredo vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Laredo is $463/mo. In New York-Newark-Jersey City it is $1,531/mo.