El Paso vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 17% cheaper for renters. A 2-bedroom rents for $741/mo vs $868/mo in El Paso — saving $1,524/year.
Rent by Unit Size
| Unit Size | El Paso | Lafayette | Difference |
|---|---|---|---|
| Studio | $557 | $502 | $55 |
| 1 Bedroom | $685 | $626 | $59 |
| 2 Bedrooms | $868 | $741 | $127 |
| 3 Bedrooms | $1,052 | $958 | $94 |
| 4 Bedrooms | $1,194 | $1,134 | $60 |
| Median Income | $45,964 | $38,989 | $6,975 |
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/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 El Paso or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $868/mo in El Paso. That's $127/mo or $1,524/year more expensive in El Paso (17% higher).
What is the 2-bedroom rent in El Paso vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between El Paso and Lafayette?
The median household income in El Paso is $45,964/year. In Lafayette it is $38,989/year. El Paso has the higher median income.
What is the studio rent in El Paso vs Lafayette?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Lafayette it is $502/mo.