Merced vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Merced is 7% cheaper for renters. A 2-bedroom rents for $1,055/mo vs $1,125/mo in Provo-Orem — saving $840/year.
Rent by Unit Size
| Unit Size | Merced | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $696 | $707 | $11 |
| 1 Bedroom | $865 | $881 | $16 |
| 2 Bedrooms | $1,055 | $1,125 | $70 |
| 3 Bedrooms | $1,328 | $1,330 | $2 |
| 4 Bedrooms | $1,460 | $1,544 | $84 |
| Median Income | $60,958 | $72,225 | $11,267 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Merced or Provo-Orem cheaper to rent in?
Merced is cheaper — a 2-bedroom Fair Market Rent is $1,055/mo vs $1,125/mo in Provo-Orem. That's $70/mo or $840/year more expensive in Provo-Orem (7% higher).
What is the 2-bedroom rent in Merced vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Merced and Provo-Orem?
The median household income in Merced is $60,958/year. In Provo-Orem it is $72,225/year. Provo-Orem has the higher median income.
What is the studio rent in Merced vs Provo-Orem?
A studio apartment Fair Market Rent in Merced is $696/mo. In Provo-Orem it is $707/mo.