Akron vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 11% cheaper for renters. A 2-bedroom rents for $741/mo vs $822/mo in Akron — saving $972/year.
Rent by Unit Size
| Unit Size | Akron | Lafayette | Difference |
|---|---|---|---|
| Studio | $552 | $502 | $50 |
| 1 Bedroom | $662 | $626 | $36 |
| 2 Bedrooms | $822 | $741 | $81 |
| 3 Bedrooms | $1,025 | $958 | $67 |
| 4 Bedrooms | $1,215 | $1,134 | $81 |
| Median Income | $43,989 | $38,989 | $5,000 |
Akron
- Studio
- $552/mo
- 1 BR
- $662/mo
- 2 BR
- $822/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,215/mo
- Median Income
- $43,989/yr
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/yr
Frequently Asked Questions
Is Akron or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $822/mo in Akron. That's $81/mo or $972/year more expensive in Akron (11% higher).
What is the 2-bedroom rent in Akron vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Akron is $822/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Akron and Lafayette?
The median household income in Akron is $43,989/year. In Lafayette it is $38,989/year. Akron has the higher median income.
What is the studio rent in Akron vs Lafayette?
A studio apartment Fair Market Rent in Akron is $552/mo. In Lafayette it is $502/mo.