Laredo vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 51% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $4,308/year.
Rent by Unit Size
| Unit Size | Laredo | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $463 | $712 | $249 |
| 1 Bedroom | $552 | $871 | $319 |
| 2 Bedrooms | $698 | $1,057 | $359 |
| 3 Bedrooms | $851 | $1,335 | $484 |
| 4 Bedrooms | $966 | $1,531 | $565 |
| Median Income | $40,343 | $62,156 | $21,813 |
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
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Laredo or Palm Bay-Melbourne-Titusville cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $359/mo or $4,308/year more expensive in Palm Bay-Melbourne-Titusville (51% higher).
What is the 2-bedroom rent in Laredo vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Laredo and Palm Bay-Melbourne-Titusville?
The median household income in Laredo is $40,343/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Laredo vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.