Ann Arbor vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 58% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,170/mo in Ann Arbor — saving $5,148/year.
Rent by Unit Size
| Unit Size | Ann Arbor | Lafayette | Difference |
|---|---|---|---|
| Studio | $781 | $502 | $279 |
| 1 Bedroom | $945 | $626 | $319 |
| 2 Bedrooms | $1,170 | $741 | $429 |
| 3 Bedrooms | $1,486 | $958 | $528 |
| 4 Bedrooms | $1,736 | $1,134 | $602 |
| Median Income | $58,245 | $38,989 | $19,256 |
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/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 Ann Arbor or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,170/mo in Ann Arbor. That's $429/mo or $5,148/year more expensive in Ann Arbor (58% higher).
What is the 2-bedroom rent in Ann Arbor vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Ann Arbor and Lafayette?
The median household income in Ann Arbor is $58,245/year. In Lafayette it is $38,989/year. Ann Arbor has the higher median income.
What is the studio rent in Ann Arbor vs Lafayette?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Lafayette it is $502/mo.