Laredo vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 26% cheaper for renters. A 2-bedroom rents for $698/mo vs $879/mo in Panama City — saving $2,172/year.
Rent by Unit Size
| Unit Size | Laredo | Panama City | Difference |
|---|---|---|---|
| Studio | $463 | $571 | $108 |
| 1 Bedroom | $552 | $706 | $154 |
| 2 Bedrooms | $698 | $879 | $181 |
| 3 Bedrooms | $851 | $1,032 | $181 |
| 4 Bedrooms | $966 | $1,302 | $336 |
| Median Income | $40,343 | $44,385 | $4,042 |
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
Panama City
- Studio
- $571/mo
- 1 BR
- $706/mo
- 2 BR
- $879/mo
- 3 BR
- $1,032/mo
- 4 BR
- $1,302/mo
- Median Income
- $44,385/yr
Frequently Asked Questions
Is Laredo or Panama City cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $879/mo in Panama City. That's $181/mo or $2,172/year more expensive in Panama City (26% higher).
What is the 2-bedroom rent in Laredo vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Laredo and Panama City?
The median household income in Laredo is $40,343/year. In Panama City it is $44,385/year. Panama City has the higher median income.
What is the studio rent in Laredo vs Panama City?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Panama City it is $571/mo.