Merced vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Merced is 6% cheaper for renters. A 2-bedroom rents for $1,055/mo vs $1,122/mo in Providence-Warwick — saving $804/year.
Rent by Unit Size
| Unit Size | Merced | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $696 | $784 | $88 |
| 1 Bedroom | $865 | $946 | $81 |
| 2 Bedrooms | $1,055 | $1,122 | $67 |
| 3 Bedrooms | $1,328 | $1,429 | $101 |
| 4 Bedrooms | $1,460 | $1,663 | $203 |
| Median Income | $60,958 | $69,693 | $8,735 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Merced or Providence-Warwick cheaper to rent in?
Merced is cheaper — a 2-bedroom Fair Market Rent is $1,055/mo vs $1,122/mo in Providence-Warwick. That's $67/mo or $804/year more expensive in Providence-Warwick (6% higher).
What is the 2-bedroom rent in Merced vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Merced and Providence-Warwick?
The median household income in Merced is $60,958/year. In Providence-Warwick it is $69,693/year. Providence-Warwick has the higher median income.
What is the studio rent in Merced vs Providence-Warwick?
A studio apartment Fair Market Rent in Merced is $696/mo. In Providence-Warwick it is $784/mo.