Palm Bay-Melbourne-Titusville 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 $1,057/mo in Palm Bay-Melbourne-Titusville — saving $3,456/year.
Rent by Unit Size
| Unit Size | Palm Bay-Melbourne-Titusville | Toledo | Difference |
|---|---|---|---|
| Studio | $712 | $521 | $191 |
| 1 Bedroom | $871 | $622 | $249 |
| 2 Bedrooms | $1,057 | $769 | $288 |
| 3 Bedrooms | $1,335 | $990 | $345 |
| 4 Bedrooms | $1,531 | $1,150 | $381 |
| Median Income | $62,156 | $44,170 | $17,986 |
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
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 Palm Bay-Melbourne-Titusville or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $288/mo or $3,456/year more expensive in Palm Bay-Melbourne-Titusville (37% higher).
What is the 2-bedroom rent in Palm Bay-Melbourne-Titusville vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Palm Bay-Melbourne-Titusville is $1,057/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Palm Bay-Melbourne-Titusville and Toledo?
The median household income in Palm Bay-Melbourne-Titusville is $62,156/year. In Toledo it is $44,170/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Palm Bay-Melbourne-Titusville vs Toledo?
A studio apartment Fair Market Rent in Palm Bay-Melbourne-Titusville is $712/mo. In Toledo it is $521/mo.