Charlottesville vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 45% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,075/mo in Charlottesville — saving $4,008/year.
Rent by Unit Size
| Unit Size | Charlottesville | Lafayette | Difference |
|---|---|---|---|
| Studio | $700 | $502 | $198 |
| 1 Bedroom | $878 | $626 | $252 |
| 2 Bedrooms | $1,075 | $741 | $334 |
| 3 Bedrooms | $1,404 | $958 | $446 |
| 4 Bedrooms | $1,498 | $1,134 | $364 |
| Median Income | $70,871 | $38,989 | $31,882 |
Charlottesville
- Studio
- $700/mo
- 1 BR
- $878/mo
- 2 BR
- $1,075/mo
- 3 BR
- $1,404/mo
- 4 BR
- $1,498/mo
- Median Income
- $70,871/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 Charlottesville or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,075/mo in Charlottesville. That's $334/mo or $4,008/year more expensive in Charlottesville (45% higher).
What is the 2-bedroom rent in Charlottesville vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Charlottesville and Lafayette?
The median household income in Charlottesville is $70,871/year. In Lafayette it is $38,989/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Lafayette?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Lafayette it is $502/mo.