Chico vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 16% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,059/mo in Chico — saving $1,752/year.
Rent by Unit Size
| Unit Size | Chico | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $698 | $595 | $103 |
| 1 Bedroom | $859 | $719 | $140 |
| 2 Bedrooms | $1,059 | $913 | $146 |
| 3 Bedrooms | $1,354 | $1,047 | $307 |
| 4 Bedrooms | $1,491 | $1,300 | $191 |
| Median Income | $66,884 | $47,838 | $19,046 |
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
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 Chico or Lexington-Fayette cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,059/mo in Chico. That's $146/mo or $1,752/year more expensive in Chico (16% higher).
What is the 2-bedroom rent in Chico vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Chico and Lexington-Fayette?
The median household income in Chico is $66,884/year. In Lexington-Fayette it is $47,838/year. Chico has the higher median income.
What is the studio rent in Chico vs Lexington-Fayette?
A studio apartment Fair Market Rent in Chico is $698/mo. In Lexington-Fayette it is $595/mo.