Laredo vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 57% cheaper for renters. A 2-bedroom rents for $698/mo vs $1,097/mo in Raleigh-Cary — saving $4,788/year.
Rent by Unit Size
| Unit Size | Laredo | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $463 | $760 | $297 |
| 1 Bedroom | $552 | $928 | $376 |
| 2 Bedrooms | $698 | $1,097 | $399 |
| 3 Bedrooms | $851 | $1,435 | $584 |
| 4 Bedrooms | $966 | $1,556 | $590 |
| Median Income | $40,343 | $70,678 | $30,335 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Laredo or Raleigh-Cary cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $1,097/mo in Raleigh-Cary. That's $399/mo or $4,788/year more expensive in Raleigh-Cary (57% higher).
What is the 2-bedroom rent in Laredo vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Laredo and Raleigh-Cary?
The median household income in Laredo is $40,343/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Laredo vs Raleigh-Cary?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Raleigh-Cary it is $760/mo.