Santa Cruz-Watsonville vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 129% cheaper for renters. A 2-bedroom rents for $769/mo vs $1,760/mo in Santa Cruz-Watsonville — saving $11,892/year.
Rent by Unit Size
| Unit Size | Santa Cruz-Watsonville | Toledo | Difference |
|---|---|---|---|
| Studio | $1,172 | $521 | $651 |
| 1 Bedroom | $1,475 | $622 | $853 |
| 2 Bedrooms | $1,760 | $769 | $991 |
| 3 Bedrooms | $2,195 | $990 | $1,205 |
| 4 Bedrooms | $2,530 | $1,150 | $1,380 |
| Median Income | $89,493 | $44,170 | $45,323 |
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
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 Santa Cruz-Watsonville or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $1,760/mo in Santa Cruz-Watsonville. That's $991/mo or $11,892/year more expensive in Santa Cruz-Watsonville (129% higher).
What is the 2-bedroom rent in Santa Cruz-Watsonville vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Santa Cruz-Watsonville is $1,760/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Santa Cruz-Watsonville and Toledo?
The median household income in Santa Cruz-Watsonville is $89,493/year. In Toledo it is $44,170/year. Santa Cruz-Watsonville has the higher median income.
What is the studio rent in Santa Cruz-Watsonville vs Toledo?
A studio apartment Fair Market Rent in Santa Cruz-Watsonville is $1,172/mo. In Toledo it is $521/mo.