Palm Bay-Melbourne-Titusville vs Redding
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Redding is 9% cheaper for renters. A 2-bedroom rents for $969/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $1,056/year.
Rent by Unit Size
| Unit Size | Palm Bay-Melbourne-Titusville | Redding | Difference |
|---|---|---|---|
| Studio | $712 | $684 | $28 |
| 1 Bedroom | $871 | $807 | $64 |
| 2 Bedrooms | $1,057 | $969 | $88 |
| 3 Bedrooms | $1,335 | $1,212 | $123 |
| 4 Bedrooms | $1,531 | $1,339 | $192 |
| Median Income | $62,156 | $56,912 | $5,244 |
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
Redding
- Studio
- $684/mo
- 1 BR
- $807/mo
- 2 BR
- $969/mo
- 3 BR
- $1,212/mo
- 4 BR
- $1,339/mo
- Median Income
- $56,912/yr
Frequently Asked Questions
Is Palm Bay-Melbourne-Titusville or Redding cheaper to rent in?
Redding is cheaper — a 2-bedroom Fair Market Rent is $969/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $88/mo or $1,056/year more expensive in Palm Bay-Melbourne-Titusville (9% higher).
What is the 2-bedroom rent in Palm Bay-Melbourne-Titusville vs Redding?
The HUD Fair Market Rent for a 2-bedroom in Palm Bay-Melbourne-Titusville is $1,057/month. In Redding, a 2-bedroom FMR is $969/month.
How do incomes compare between Palm Bay-Melbourne-Titusville and Redding?
The median household income in Palm Bay-Melbourne-Titusville is $62,156/year. In Redding it is $56,912/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Palm Bay-Melbourne-Titusville vs Redding?
A studio apartment Fair Market Rent in Palm Bay-Melbourne-Titusville is $712/mo. In Redding it is $684/mo.