Olympia-Lacey-Tumwater vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Palm Bay-Melbourne-Titusville is 11% cheaper for renters. A 2-bedroom rents for $1,057/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $1,452/year.
Rent by Unit Size
| Unit Size | Olympia-Lacey-Tumwater | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $769 | $712 | $57 |
| 1 Bedroom | $945 | $871 | $74 |
| 2 Bedrooms | $1,178 | $1,057 | $121 |
| 3 Bedrooms | $1,376 | $1,335 | $41 |
| 4 Bedrooms | $1,633 | $1,531 | $102 |
| Median Income | $67,966 | $62,156 | $5,810 |
Olympia-Lacey-Tumwater
- Studio
- $769/mo
- 1 BR
- $945/mo
- 2 BR
- $1,178/mo
- 3 BR
- $1,376/mo
- 4 BR
- $1,633/mo
- Median Income
- $67,966/yr
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Olympia-Lacey-Tumwater or Palm Bay-Melbourne-Titusville cheaper to rent in?
Palm Bay-Melbourne-Titusville is cheaper — a 2-bedroom Fair Market Rent is $1,057/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $121/mo or $1,452/year more expensive in Olympia-Lacey-Tumwater (11% higher).
What is the 2-bedroom rent in Olympia-Lacey-Tumwater vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Olympia-Lacey-Tumwater is $1,178/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Olympia-Lacey-Tumwater and Palm Bay-Melbourne-Titusville?
The median household income in Olympia-Lacey-Tumwater is $67,966/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Olympia-Lacey-Tumwater has the higher median income.
What is the studio rent in Olympia-Lacey-Tumwater vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Olympia-Lacey-Tumwater is $769/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.