Las Cruces vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 5% cheaper for renters. A 2-bedroom rents for $769/mo vs $806/mo in Las Cruces — saving $444/year.
Rent by Unit Size
| Unit Size | Las Cruces | Toledo | Difference |
|---|---|---|---|
| Studio | $537 | $521 | $16 |
| 1 Bedroom | $638 | $622 | $16 |
| 2 Bedrooms | $806 | $769 | $37 |
| 3 Bedrooms | $949 | $990 | $41 |
| 4 Bedrooms | $1,133 | $1,150 | $17 |
| Median Income | $43,858 | $44,170 | $312 |
Las Cruces
- Studio
- $537/mo
- 1 BR
- $638/mo
- 2 BR
- $806/mo
- 3 BR
- $949/mo
- 4 BR
- $1,133/mo
- Median Income
- $43,858/yr
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Las Cruces or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $806/mo in Las Cruces. That's $37/mo or $444/year more expensive in Las Cruces (5% higher).
What is the 2-bedroom rent in Las Cruces vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Las Cruces is $806/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Las Cruces and Toledo?
The median household income in Las Cruces is $43,858/year. In Toledo it is $44,170/year. Toledo has the higher median income.
What is the studio rent in Las Cruces vs Toledo?
A studio apartment Fair Market Rent in Las Cruces is $537/mo. In Toledo it is $521/mo.