FairRentWize

Charlottesville vs Lake Charles

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 46% cheaper for renters. A 2-bedroom rents for $735/mo vs $1,075/mo in Charlottesville — saving $4,080/year.

Rent by Unit Size

Unit SizeCharlottesvilleLake CharlesDifference
Studio$700$490$210
1 Bedroom$878$592$286
2 Bedrooms$1,075$735$340
3 Bedrooms$1,404$930$474
4 Bedrooms$1,498$984$514
Median Income$70,871$45,479$25,392

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
Full Charlottesville 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 Charlottesville or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $1,075/mo in Charlottesville. That's $340/mo or $4,080/year more expensive in Charlottesville (46% higher).
What is the 2-bedroom rent in Charlottesville vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Charlottesville is $1,075/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Charlottesville and Lake Charles?
The median household income in Charlottesville is $70,871/year. In Lake Charles it is $45,479/year. Charlottesville has the higher median income.
What is the studio rent in Charlottesville vs Lake Charles?
A studio apartment Fair Market Rent in Charlottesville is $700/mo. In Lake Charles it is $490/mo.