Merced vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Merced is 0% cheaper for renters. A 2-bedroom rents for $1,055/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $24/year.
Rent by Unit Size
| Unit Size | Merced | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $696 | $712 | $16 |
| 1 Bedroom | $865 | $871 | $6 |
| 2 Bedrooms | $1,055 | $1,057 | $2 |
| 3 Bedrooms | $1,328 | $1,335 | $7 |
| 4 Bedrooms | $1,460 | $1,531 | $71 |
| Median Income | $60,958 | $62,156 | $1,198 |
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/yr
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Merced or Palm Bay-Melbourne-Titusville cheaper to rent in?
Merced is cheaper — a 2-bedroom Fair Market Rent is $1,055/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $2/mo or $24/year more expensive in Palm Bay-Melbourne-Titusville (0% higher).
What is the 2-bedroom rent in Merced vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Merced and Palm Bay-Melbourne-Titusville?
The median household income in Merced is $60,958/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Merced vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Merced is $696/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.