FairRentWize

Bismarck vs Lake Charles

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 11% cheaper for renters. A 2-bedroom rents for $735/mo vs $817/mo in Bismarck — saving $984/year.

Rent by Unit Size

Unit SizeBismarckLake CharlesDifference
Studio$555$490$65
1 Bedroom$667$592$75
2 Bedrooms$817$735$82
3 Bedrooms$1,020$930$90
4 Bedrooms$1,141$984$157
Median Income$52,444$45,479$6,965

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
Full Bismarck profile →

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

Frequently Asked Questions

Is Bismarck or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $817/mo in Bismarck. That's $82/mo or $984/year more expensive in Bismarck (11% higher).
What is the 2-bedroom rent in Bismarck vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Bismarck and Lake Charles?
The median household income in Bismarck is $52,444/year. In Lake Charles it is $45,479/year. Bismarck has the higher median income.
What is the studio rent in Bismarck vs Lake Charles?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Lake Charles it is $490/mo.