Palm Bay-Melbourne-Titusville vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 33% cheaper for renters. A 2-bedroom rents for $794/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $3,156/year.
Rent by Unit Size
| Unit Size | Palm Bay-Melbourne-Titusville | Racine | Difference |
|---|---|---|---|
| Studio | $712 | $508 | $204 |
| 1 Bedroom | $871 | $641 | $230 |
| 2 Bedrooms | $1,057 | $794 | $263 |
| 3 Bedrooms | $1,335 | $1,002 | $333 |
| 4 Bedrooms | $1,531 | $1,141 | $390 |
| Median Income | $62,156 | $42,267 | $19,889 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Palm Bay-Melbourne-Titusville or Racine cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $263/mo or $3,156/year more expensive in Palm Bay-Melbourne-Titusville (33% higher).
What is the 2-bedroom rent in Palm Bay-Melbourne-Titusville vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Palm Bay-Melbourne-Titusville is $1,057/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Palm Bay-Melbourne-Titusville and Racine?
The median household income in Palm Bay-Melbourne-Titusville is $62,156/year. In Racine it is $42,267/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Palm Bay-Melbourne-Titusville vs Racine?
A studio apartment Fair Market Rent in Palm Bay-Melbourne-Titusville is $712/mo. In Racine it is $508/mo.