Palm Bay-Melbourne-Titusville vs Santa Cruz-Watsonville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Palm Bay-Melbourne-Titusville is 67% cheaper for renters. A 2-bedroom rents for $1,057/mo vs $1,760/mo in Santa Cruz-Watsonville — saving $8,436/year.
Rent by Unit Size
| Unit Size | Palm Bay-Melbourne-Titusville | Santa Cruz-Watsonville | Difference |
|---|---|---|---|
| Studio | $712 | $1,172 | $460 |
| 1 Bedroom | $871 | $1,475 | $604 |
| 2 Bedrooms | $1,057 | $1,760 | $703 |
| 3 Bedrooms | $1,335 | $2,195 | $860 |
| 4 Bedrooms | $1,531 | $2,530 | $999 |
| Median Income | $62,156 | $89,493 | $27,337 |
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
Santa Cruz-Watsonville
- Studio
- $1,172/mo
- 1 BR
- $1,475/mo
- 2 BR
- $1,760/mo
- 3 BR
- $2,195/mo
- 4 BR
- $2,530/mo
- Median Income
- $89,493/yr
Frequently Asked Questions
Is Palm Bay-Melbourne-Titusville or Santa Cruz-Watsonville cheaper to rent in?
Palm Bay-Melbourne-Titusville is cheaper — a 2-bedroom Fair Market Rent is $1,057/mo vs $1,760/mo in Santa Cruz-Watsonville. That's $703/mo or $8,436/year more expensive in Santa Cruz-Watsonville (67% higher).
What is the 2-bedroom rent in Palm Bay-Melbourne-Titusville vs Santa Cruz-Watsonville?
The HUD Fair Market Rent for a 2-bedroom in Palm Bay-Melbourne-Titusville is $1,057/month. In Santa Cruz-Watsonville, a 2-bedroom FMR is $1,760/month.
How do incomes compare between Palm Bay-Melbourne-Titusville and Santa Cruz-Watsonville?
The median household income in Palm Bay-Melbourne-Titusville is $62,156/year. In Santa Cruz-Watsonville it is $89,493/year. Santa Cruz-Watsonville has the higher median income.
What is the studio rent in Palm Bay-Melbourne-Titusville vs Santa Cruz-Watsonville?
A studio apartment Fair Market Rent in Palm Bay-Melbourne-Titusville is $712/mo. In Santa Cruz-Watsonville it is $1,172/mo.