Bismarck vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 10% cheaper for renters. A 2-bedroom rents for $741/mo vs $817/mo in Bismarck — saving $912/year.
Rent by Unit Size
| Unit Size | Bismarck | Lafayette | Difference |
|---|---|---|---|
| Studio | $555 | $502 | $53 |
| 1 Bedroom | $667 | $626 | $41 |
| 2 Bedrooms | $817 | $741 | $76 |
| 3 Bedrooms | $1,020 | $958 | $62 |
| 4 Bedrooms | $1,141 | $1,134 | $7 |
| Median Income | $52,444 | $38,989 | $13,455 |
Bismarck
- Studio
- $555/mo
- 1 BR
- $667/mo
- 2 BR
- $817/mo
- 3 BR
- $1,020/mo
- 4 BR
- $1,141/mo
- Median Income
- $52,444/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 Bismarck or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $817/mo in Bismarck. That's $76/mo or $912/year more expensive in Bismarck (10% higher).
What is the 2-bedroom rent in Bismarck vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Bismarck and Lafayette?
The median household income in Bismarck is $52,444/year. In Lafayette it is $38,989/year. Bismarck has the higher median income.
What is the studio rent in Bismarck vs Lafayette?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Lafayette it is $502/mo.