Birmingham-Hoover vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 16% cheaper for renters. A 2-bedroom rents for $741/mo vs $863/mo in Birmingham-Hoover — saving $1,464/year.
Rent by Unit Size
| Unit Size | Birmingham-Hoover | Lafayette | Difference |
|---|---|---|---|
| Studio | $540 | $502 | $38 |
| 1 Bedroom | $687 | $626 | $61 |
| 2 Bedrooms | $863 | $741 | $122 |
| 3 Bedrooms | $1,083 | $958 | $125 |
| 4 Bedrooms | $1,216 | $1,134 | $82 |
| Median Income | $46,088 | $38,989 | $7,099 |
Birmingham-Hoover
- Studio
- $540/mo
- 1 BR
- $687/mo
- 2 BR
- $863/mo
- 3 BR
- $1,083/mo
- 4 BR
- $1,216/mo
- Median Income
- $46,088/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 Birmingham-Hoover or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $863/mo in Birmingham-Hoover. That's $122/mo or $1,464/year more expensive in Birmingham-Hoover (16% higher).
What is the 2-bedroom rent in Birmingham-Hoover vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Birmingham-Hoover is $863/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Birmingham-Hoover and Lafayette?
The median household income in Birmingham-Hoover is $46,088/year. In Lafayette it is $38,989/year. Birmingham-Hoover has the higher median income.
What is the studio rent in Birmingham-Hoover vs Lafayette?
A studio apartment Fair Market Rent in Birmingham-Hoover is $540/mo. In Lafayette it is $502/mo.