Merced vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 37% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,055/mo in Merced — saving $3,432/year.
Rent by Unit Size
| Unit Size | Merced | Toledo | Difference |
|---|---|---|---|
| Studio | $696 | $521 | $175 |
| 1 Bedroom | $865 | $622 | $243 |
| 2 Bedrooms | $1,055 | $769 | $286 |
| 3 Bedrooms | $1,328 | $990 | $338 |
| 4 Bedrooms | $1,460 | $1,150 | $310 |
| Median Income | $60,958 | $44,170 | $16,788 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Merced or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,055/mo in Merced. That's $286/mo or $3,432/year more expensive in Merced (37% higher).
What is the 2-bedroom rent in Merced vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Merced is $1,055/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Merced and Toledo?
The median household income in Merced is $60,958/year. In Toledo it is $44,170/year. Merced has the higher median income.
What is the studio rent in Merced vs Toledo?
A studio apartment Fair Market Rent in Merced is $696/mo. In Toledo it is $521/mo.