Laredo vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 14% cheaper for renters. A 2-bedroom rents for $698/mo vs $794/mo in Racine — saving $1,152/year.
Rent by Unit Size
| Unit Size | Laredo | Racine | Difference |
|---|---|---|---|
| Studio | $463 | $508 | $45 |
| 1 Bedroom | $552 | $641 | $89 |
| 2 Bedrooms | $698 | $794 | $96 |
| 3 Bedrooms | $851 | $1,002 | $151 |
| 4 Bedrooms | $966 | $1,141 | $175 |
| Median Income | $40,343 | $42,267 | $1,924 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Laredo or Racine cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $794/mo in Racine. That's $96/mo or $1,152/year more expensive in Racine (14% higher).
What is the 2-bedroom rent in Laredo vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Laredo and Racine?
The median household income in Laredo is $40,343/year. In Racine it is $42,267/year. Racine has the higher median income.
What is the studio rent in Laredo vs Racine?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Racine it is $508/mo.