Laredo vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 42% cheaper for renters. A 2-bedroom rents for $698/mo vs $994/mo in Virginia Beach-Norfolk-Newport News — saving $3,552/year.
Rent by Unit Size
| Unit Size | Laredo | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $463 | $659 | $196 |
| 1 Bedroom | $552 | $824 | $272 |
| 2 Bedrooms | $698 | $994 | $296 |
| 3 Bedrooms | $851 | $1,234 | $383 |
| 4 Bedrooms | $966 | $1,448 | $482 |
| Median Income | $40,343 | $57,948 | $17,605 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is Laredo or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $994/mo in Virginia Beach-Norfolk-Newport News. That's $296/mo or $3,552/year more expensive in Virginia Beach-Norfolk-Newport News (42% higher).
What is the 2-bedroom rent in Laredo vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Laredo and Virginia Beach-Norfolk-Newport News?
The median household income in Laredo is $40,343/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Virginia Beach-Norfolk-Newport News has the higher median income.
What is the studio rent in Laredo vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.