Bismarck vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Bismarck is 12% cheaper for renters. A 2-bedroom rents for $817/mo vs $913/mo in Lexington-Fayette — saving $1,152/year.
Rent by Unit Size
| Unit Size | Bismarck | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $555 | $595 | $40 |
| 1 Bedroom | $667 | $719 | $52 |
| 2 Bedrooms | $817 | $913 | $96 |
| 3 Bedrooms | $1,020 | $1,047 | $27 |
| 4 Bedrooms | $1,141 | $1,300 | $159 |
| Median Income | $52,444 | $47,838 | $4,606 |
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
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 Bismarck or Lexington-Fayette cheaper to rent in?
Bismarck is cheaper — a 2-bedroom Fair Market Rent is $817/mo vs $913/mo in Lexington-Fayette. That's $96/mo or $1,152/year more expensive in Lexington-Fayette (12% higher).
What is the 2-bedroom rent in Bismarck vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Bismarck and Lexington-Fayette?
The median household income in Bismarck is $52,444/year. In Lexington-Fayette it is $47,838/year. Bismarck has the higher median income.
What is the studio rent in Bismarck vs Lexington-Fayette?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Lexington-Fayette it is $595/mo.