Laredo vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 61% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,125/mo in Provo-Orem — saving $5,124/year.
Rent by Unit Size
| Unit Size | Laredo | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $463 | $707 | $244 |
| 1 Bedroom | $552 | $881 | $329 |
| 2 Bedrooms | $698 | $1,125 | $427 |
| 3 Bedrooms | $851 | $1,330 | $479 |
| 4 Bedrooms | $966 | $1,544 | $578 |
| Median Income | $40,343 | $72,225 | $31,882 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Laredo or Provo-Orem cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,125/mo in Provo-Orem. That's $427/mo or $5,124/year more expensive in Provo-Orem (61% higher).
What is the 2-bedroom rent in Laredo vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Laredo and Provo-Orem?
The median household income in Laredo is $40,343/year. In Provo-Orem it is $72,225/year. Provo-Orem has the higher median income.
What is the studio rent in Laredo vs Provo-Orem?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Provo-Orem it is $707/mo.