Ann Arbor vs Lake Charles
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 59% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,170/mo in Ann Arbor — saving $5,220/year.
Rent by Unit Size
| Unit Size | Ann Arbor | Lake Charles | Difference |
|---|---|---|---|
| Studio | $781 | $490 | $291 |
| 1 Bedroom | $945 | $592 | $353 |
| 2 Bedrooms | $1,170 | $735 | $435 |
| 3 Bedrooms | $1,486 | $930 | $556 |
| 4 Bedrooms | $1,736 | $984 | $752 |
| Median Income | $58,245 | $45,479 | $12,766 |
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
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/yr
Frequently Asked Questions
Is Ann Arbor or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,170/mo in Ann Arbor. That's $435/mo or $5,220/year more expensive in Ann Arbor (59% higher).
What is the 2-bedroom rent in Ann Arbor vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Ann Arbor and Lake Charles?
The median household income in Ann Arbor is $58,245/year. In Lake Charles it is $45,479/year. Ann Arbor has the higher median income.
What is the studio rent in Ann Arbor vs Lake Charles?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Lake Charles it is $490/mo.