Asheville vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 49% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,106/mo in Asheville — saving $4,380/year.
Rent by Unit Size
| Unit Size | Asheville | Lafayette | Difference |
|---|---|---|---|
| Studio | $689 | $502 | $187 |
| 1 Bedroom | $875 | $626 | $249 |
| 2 Bedrooms | $1,106 | $741 | $365 |
| 3 Bedrooms | $1,316 | $958 | $358 |
| 4 Bedrooms | $1,577 | $1,134 | $443 |
| Median Income | $64,400 | $38,989 | $25,411 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/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 Asheville or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,106/mo in Asheville. That's $365/mo or $4,380/year more expensive in Asheville (49% higher).
What is the 2-bedroom rent in Asheville vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Asheville and Lafayette?
The median household income in Asheville is $64,400/year. In Lafayette it is $38,989/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Lafayette?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Lafayette it is $502/mo.