Toledo vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 29% cheaper for renters. A 2-bedroom rents for $769/mo vs $994/mo in Virginia Beach-Norfolk-Newport News — saving $2,700/year.
Rent by Unit Size
| Unit Size | Toledo | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $521 | $659 | $138 |
| 1 Bedroom | $622 | $824 | $202 |
| 2 Bedrooms | $769 | $994 | $225 |
| 3 Bedrooms | $990 | $1,234 | $244 |
| 4 Bedrooms | $1,150 | $1,448 | $298 |
| Median Income | $44,170 | $57,948 | $13,778 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is Toledo or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $994/mo in Virginia Beach-Norfolk-Newport News. That's $225/mo or $2,700/year more expensive in Virginia Beach-Norfolk-Newport News (29% higher).
What is the 2-bedroom rent in Toledo vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Toledo is $769/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Toledo and Virginia Beach-Norfolk-Newport News?
The median household income in Toledo is $44,170/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Virginia Beach-Norfolk-Newport News has the higher median income.
What is the studio rent in Toledo vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Toledo is $521/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.