FairRentWize

Cleveland-Elyria vs Lafayette

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lafayette is 14% cheaper for renters. A 2-bedroom rents for $741/mo vs $844/mo in Cleveland-Elyria — saving $1,236/year.

Rent by Unit Size

Unit SizeCleveland-ElyriaLafayetteDifference
Studio$566$502$64
1 Bedroom$677$626$51
2 Bedrooms$844$741$103
3 Bedrooms$1,081$958$123
4 Bedrooms$1,197$1,134$63
Median Income$59,020$38,989$20,031

Cleveland-Elyria

Studio
$566/mo
1 BR
$677/mo
2 BR
$844/mo
3 BR
$1,081/mo
4 BR
$1,197/mo
Median Income
$59,020/yr
Full Cleveland-Elyria profile →

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
Full Lafayette profile →

Frequently Asked Questions

Is Cleveland-Elyria or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $844/mo in Cleveland-Elyria. That's $103/mo or $1,236/year more expensive in Cleveland-Elyria (14% higher).
What is the 2-bedroom rent in Cleveland-Elyria vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Cleveland-Elyria is $844/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Cleveland-Elyria and Lafayette?
The median household income in Cleveland-Elyria is $59,020/year. In Lafayette it is $38,989/year. Cleveland-Elyria has the higher median income.
What is the studio rent in Cleveland-Elyria vs Lafayette?
A studio apartment Fair Market Rent in Cleveland-Elyria is $566/mo. In Lafayette it is $502/mo.