Syracuse vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 7% cheaper for renters. A 2-bedroom rents for $769/mo vs $820/mo in Syracuse — saving $612/year.
Rent by Unit Size
| Unit Size | Syracuse | Toledo | Difference |
|---|---|---|---|
| Studio | $546 | $521 | $25 |
| 1 Bedroom | $686 | $622 | $64 |
| 2 Bedrooms | $820 | $769 | $51 |
| 3 Bedrooms | $1,051 | $990 | $61 |
| 4 Bedrooms | $1,207 | $1,150 | $57 |
| Median Income | $42,142 | $44,170 | $2,028 |
Syracuse
- Studio
- $546/mo
- 1 BR
- $686/mo
- 2 BR
- $820/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,207/mo
- Median Income
- $42,142/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 Syracuse or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $820/mo in Syracuse. That's $51/mo or $612/year more expensive in Syracuse (7% higher).
What is the 2-bedroom rent in Syracuse vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Syracuse is $820/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Syracuse and Toledo?
The median household income in Syracuse is $42,142/year. In Toledo it is $44,170/year. Toledo has the higher median income.
What is the studio rent in Syracuse vs Toledo?
A studio apartment Fair Market Rent in Syracuse is $546/mo. In Toledo it is $521/mo.