Roanoke vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 4% cheaper for renters. A 2-bedroom rents for $769/mo vs $803/mo in Roanoke — saving $408/year.
Rent by Unit Size
| Unit Size | Roanoke | Toledo | Difference |
|---|---|---|---|
| Studio | $518 | $521 | $3 |
| 1 Bedroom | $643 | $622 | $21 |
| 2 Bedrooms | $803 | $769 | $34 |
| 3 Bedrooms | $980 | $990 | $10 |
| 4 Bedrooms | $1,168 | $1,150 | $18 |
| Median Income | $51,099 | $44,170 | $6,929 |
Roanoke
- Studio
- $518/mo
- 1 BR
- $643/mo
- 2 BR
- $803/mo
- 3 BR
- $980/mo
- 4 BR
- $1,168/mo
- Median Income
- $51,099/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 Roanoke or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $803/mo in Roanoke. That's $34/mo or $408/year more expensive in Roanoke (4% higher).
What is the 2-bedroom rent in Roanoke vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Roanoke is $803/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Roanoke and Toledo?
The median household income in Roanoke is $51,099/year. In Toledo it is $44,170/year. Roanoke has the higher median income.
What is the studio rent in Roanoke vs Toledo?
A studio apartment Fair Market Rent in Roanoke is $518/mo. In Toledo it is $521/mo.