Raleigh-Cary vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 43% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,097/mo in Raleigh-Cary — saving $3,936/year.
Rent by Unit Size
| Unit Size | Raleigh-Cary | Toledo | Difference |
|---|---|---|---|
| Studio | $760 | $521 | $239 |
| 1 Bedroom | $928 | $622 | $306 |
| 2 Bedrooms | $1,097 | $769 | $328 |
| 3 Bedrooms | $1,435 | $990 | $445 |
| 4 Bedrooms | $1,556 | $1,150 | $406 |
| Median Income | $70,678 | $44,170 | $26,508 |
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/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 Raleigh-Cary or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,097/mo in Raleigh-Cary. That's $328/mo or $3,936/year more expensive in Raleigh-Cary (43% higher).
What is the 2-bedroom rent in Raleigh-Cary vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Raleigh-Cary is $1,097/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Raleigh-Cary and Toledo?
The median household income in Raleigh-Cary is $70,678/year. In Toledo it is $44,170/year. Raleigh-Cary has the higher median income.
What is the studio rent in Raleigh-Cary vs Toledo?
A studio apartment Fair Market Rent in Raleigh-Cary is $760/mo. In Toledo it is $521/mo.