FairRentWize

Bangor vs Lexington-Fayette

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Bangor is 18% cheaper for renters. A 2-bedroom rents for $774/mo vs $913/mo in Lexington-Fayette — saving $1,668/year.

Rent by Unit Size

Unit SizeBangorLexington-FayetteDifference
Studio$510$595$85
1 Bedroom$653$719$66
2 Bedrooms$774$913$139
3 Bedrooms$996$1,047$51
4 Bedrooms$1,108$1,300$192
Median Income$53,743$47,838$5,905

Bangor

Studio
$510/mo
1 BR
$653/mo
2 BR
$774/mo
3 BR
$996/mo
4 BR
$1,108/mo
Median Income
$53,743/yr
Full Bangor profile →

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
Full Lexington-Fayette profile →

Frequently Asked Questions

Is Bangor or Lexington-Fayette cheaper to rent in?
Bangor is cheaper — a 2-bedroom Fair Market Rent is $774/mo vs $913/mo in Lexington-Fayette. That's $139/mo or $1,668/year more expensive in Lexington-Fayette (18% higher).
What is the 2-bedroom rent in Bangor vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Bangor is $774/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Bangor and Lexington-Fayette?
The median household income in Bangor is $53,743/year. In Lexington-Fayette it is $47,838/year. Bangor has the higher median income.
What is the studio rent in Bangor vs Lexington-Fayette?
A studio apartment Fair Market Rent in Bangor is $510/mo. In Lexington-Fayette it is $595/mo.