Chico vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 43% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,059/mo in Chico — saving $3,816/year.
Rent by Unit Size
| Unit Size | Chico | Lafayette | Difference |
|---|---|---|---|
| Studio | $698 | $502 | $196 |
| 1 Bedroom | $859 | $626 | $233 |
| 2 Bedrooms | $1,059 | $741 | $318 |
| 3 Bedrooms | $1,354 | $958 | $396 |
| 4 Bedrooms | $1,491 | $1,134 | $357 |
| Median Income | $66,884 | $38,989 | $27,895 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/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 Chico or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,059/mo in Chico. That's $318/mo or $3,816/year more expensive in Chico (43% higher).
What is the 2-bedroom rent in Chico vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Chico and Lafayette?
The median household income in Chico is $66,884/year. In Lafayette it is $38,989/year. Chico has the higher median income.
What is the studio rent in Chico vs Lafayette?
A studio apartment Fair Market Rent in Chico is $698/mo. In Lafayette it is $502/mo.