Reno vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 57% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,208/mo in Reno — saving $5,268/year.
Rent by Unit Size
| Unit Size | Reno | Toledo | Difference |
|---|---|---|---|
| Studio | $773 | $521 | $252 |
| 1 Bedroom | $946 | $622 | $324 |
| 2 Bedrooms | $1,208 | $769 | $439 |
| 3 Bedrooms | $1,422 | $990 | $432 |
| 4 Bedrooms | $1,636 | $1,150 | $486 |
| Median Income | $59,858 | $44,170 | $15,688 |
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/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 Reno or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,208/mo in Reno. That's $439/mo or $5,268/year more expensive in Reno (57% higher).
What is the 2-bedroom rent in Reno vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Reno is $1,208/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Reno and Toledo?
The median household income in Reno is $59,858/year. In Toledo it is $44,170/year. Reno has the higher median income.
What is the studio rent in Reno vs Toledo?
A studio apartment Fair Market Rent in Reno is $773/mo. In Toledo it is $521/mo.