El Paso vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 5% cheaper for renters. A 2-bedroom rents for $868/mo vs $913/mo in Lexington-Fayette — saving $540/year.
Rent by Unit Size
| Unit Size | El Paso | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $557 | $595 | $38 |
| 1 Bedroom | $685 | $719 | $34 |
| 2 Bedrooms | $868 | $913 | $45 |
| 3 Bedrooms | $1,052 | $1,047 | $5 |
| 4 Bedrooms | $1,194 | $1,300 | $106 |
| Median Income | $45,964 | $47,838 | $1,874 |
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
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 El Paso or Lexington-Fayette cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $913/mo in Lexington-Fayette. That's $45/mo or $540/year more expensive in Lexington-Fayette (5% higher).
What is the 2-bedroom rent in El Paso vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in El Paso is $868/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between El Paso and Lexington-Fayette?
The median household income in El Paso is $45,964/year. In Lexington-Fayette it is $47,838/year. Lexington-Fayette has the higher median income.
What is the studio rent in El Paso vs Lexington-Fayette?
A studio apartment Fair Market Rent in El Paso is $557/mo. In Lexington-Fayette it is $595/mo.