Merced vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 47% cheaper for renters. A 2-bedroom rents for $720/mo vs $1,055/mo in Merced — saving $4,020/year.
Rent by Unit Size
| Unit Size | Merced | Springfield | Difference |
|---|---|---|---|
| Studio | $696 | $490 | $206 |
| 1 Bedroom | $865 | $583 | $282 |
| 2 Bedrooms | $1,055 | $720 | $335 |
| 3 Bedrooms | $1,328 | $925 | $403 |
| 4 Bedrooms | $1,460 | $987 | $473 |
| Median Income | $60,958 | $37,539 | $23,419 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Merced or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $1,055/mo in Merced. That's $335/mo or $4,020/year more expensive in Merced (47% higher).
What is the 2-bedroom rent in Merced vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Merced and Springfield?
The median household income in Merced is $60,958/year. In Springfield it is $37,539/year. Merced has the higher median income.
What is the studio rent in Merced vs Springfield?
A studio apartment Fair Market Rent in Merced is $696/mo. In Springfield it is $490/mo.