Laredo vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 61% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,122/mo in Providence-Warwick — saving $5,088/year.
Rent by Unit Size
| Unit Size | Laredo | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $463 | $784 | $321 |
| 1 Bedroom | $552 | $946 | $394 |
| 2 Bedrooms | $698 | $1,122 | $424 |
| 3 Bedrooms | $851 | $1,429 | $578 |
| 4 Bedrooms | $966 | $1,663 | $697 |
| Median Income | $40,343 | $69,693 | $29,350 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Laredo or Providence-Warwick cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,122/mo in Providence-Warwick. That's $424/mo or $5,088/year more expensive in Providence-Warwick (61% higher).
What is the 2-bedroom rent in Laredo vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Laredo and Providence-Warwick?
The median household income in Laredo is $40,343/year. In Providence-Warwick it is $69,693/year. Providence-Warwick has the higher median income.
What is the studio rent in Laredo vs Providence-Warwick?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Providence-Warwick it is $784/mo.