Chattanooga vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 11% cheaper for renters. A 2-bedroom rents for $741/mo vs $820/mo in Chattanooga — saving $948/year.
Rent by Unit Size
| Unit Size | Chattanooga | Lafayette | Difference |
|---|---|---|---|
| Studio | $557 | $502 | $55 |
| 1 Bedroom | $669 | $626 | $43 |
| 2 Bedrooms | $820 | $741 | $79 |
| 3 Bedrooms | $1,035 | $958 | $77 |
| 4 Bedrooms | $1,226 | $1,134 | $92 |
| Median Income | $44,498 | $38,989 | $5,509 |
Chattanooga
- Studio
- $557/mo
- 1 BR
- $669/mo
- 2 BR
- $820/mo
- 3 BR
- $1,035/mo
- 4 BR
- $1,226/mo
- Median Income
- $44,498/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 Chattanooga or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $820/mo in Chattanooga. That's $79/mo or $948/year more expensive in Chattanooga (11% higher).
What is the 2-bedroom rent in Chattanooga vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Chattanooga is $820/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Chattanooga and Lafayette?
The median household income in Chattanooga is $44,498/year. In Lafayette it is $38,989/year. Chattanooga has the higher median income.
What is the studio rent in Chattanooga vs Lafayette?
A studio apartment Fair Market Rent in Chattanooga is $557/mo. In Lafayette it is $502/mo.