Asheville vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 21% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,106/mo in Asheville — saving $2,316/year.
Rent by Unit Size
| Unit Size | Asheville | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $689 | $595 | $94 |
| 1 Bedroom | $875 | $719 | $156 |
| 2 Bedrooms | $1,106 | $913 | $193 |
| 3 Bedrooms | $1,316 | $1,047 | $269 |
| 4 Bedrooms | $1,577 | $1,300 | $277 |
| Median Income | $64,400 | $47,838 | $16,562 |
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
Lexington-Fayette
- Studio
- $595/mo
- 1 BR
- $719/mo
- 2 BR
- $913/mo
- 3 BR
- $1,047/mo
- 4 BR
- $1,300/mo
- Median Income
- $47,838/yr
Frequently Asked Questions
Is Asheville or Lexington-Fayette cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,106/mo in Asheville. That's $193/mo or $2,316/year more expensive in Asheville (21% higher).
What is the 2-bedroom rent in Asheville vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Asheville and Lexington-Fayette?
The median household income in Asheville is $64,400/year. In Lexington-Fayette it is $47,838/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Lexington-Fayette?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Lexington-Fayette it is $595/mo.