Merced vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 40% cheaper for renters. A 2-bedroom rents for $756/mo vs $1,055/mo in Merced — saving $3,588/year.
Rent by Unit Size
| Unit Size | Merced | Springfield | Difference |
|---|---|---|---|
| Studio | $696 | $519 | $177 |
| 1 Bedroom | $865 | $612 | $253 |
| 2 Bedrooms | $1,055 | $756 | $299 |
| 3 Bedrooms | $1,328 | $923 | $405 |
| 4 Bedrooms | $1,460 | $1,067 | $393 |
| Median Income | $60,958 | $44,958 | $16,000 |
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
- $519/mo
- 1 BR
- $612/mo
- 2 BR
- $756/mo
- 3 BR
- $923/mo
- 4 BR
- $1,067/mo
- Median Income
- $44,958/yr
Frequently Asked Questions
Is Merced or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $756/mo vs $1,055/mo in Merced. That's $299/mo or $3,588/year more expensive in Merced (40% 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 $756/month.
How do incomes compare between Merced and Springfield?
The median household income in Merced is $60,958/year. In Springfield it is $44,958/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 $519/mo.