Laredo vs Portland-South Portland
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 64% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,145/mo in Portland-South Portland — saving $5,364/year.
Rent by Unit Size
| Unit Size | Laredo | Portland-South Portland | Difference |
|---|---|---|---|
| Studio | $463 | $765 | $302 |
| 1 Bedroom | $552 | $906 | $354 |
| 2 Bedrooms | $698 | $1,145 | $447 |
| 3 Bedrooms | $851 | $1,402 | $551 |
| 4 Bedrooms | $966 | $1,638 | $672 |
| Median Income | $40,343 | $58,824 | $18,481 |
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
Portland-South Portland
- Studio
- $765/mo
- 1 BR
- $906/mo
- 2 BR
- $1,145/mo
- 3 BR
- $1,402/mo
- 4 BR
- $1,638/mo
- Median Income
- $58,824/yr
Frequently Asked Questions
Is Laredo or Portland-South Portland cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,145/mo in Portland-South Portland. That's $447/mo or $5,364/year more expensive in Portland-South Portland (64% higher).
What is the 2-bedroom rent in Laredo vs Portland-South Portland?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Portland-South Portland, a 2-bedroom FMR is $1,145/month.
How do incomes compare between Laredo and Portland-South Portland?
The median household income in Laredo is $40,343/year. In Portland-South Portland it is $58,824/year. Portland-South Portland has the higher median income.
What is the studio rent in Laredo vs Portland-South Portland?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Portland-South Portland it is $765/mo.