Erie vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Erie is 37% cheaper for renters. A 2-bedroom rents for $668/mo vs $913/mo in Lexington-Fayette — saving $2,940/year.
Rent by Unit Size
| Unit Size | Erie | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $457 | $595 | $138 |
| 1 Bedroom | $553 | $719 | $166 |
| 2 Bedrooms | $668 | $913 | $245 |
| 3 Bedrooms | $861 | $1,047 | $186 |
| 4 Bedrooms | $985 | $1,300 | $315 |
| Median Income | $45,773 | $47,838 | $2,065 |
Erie
- Studio
- $457/mo
- 1 BR
- $553/mo
- 2 BR
- $668/mo
- 3 BR
- $861/mo
- 4 BR
- $985/mo
- Median Income
- $45,773/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 Erie or Lexington-Fayette cheaper to rent in?
Erie is cheaper — a 2-bedroom Fair Market Rent is $668/mo vs $913/mo in Lexington-Fayette. That's $245/mo or $2,940/year more expensive in Lexington-Fayette (37% higher).
What is the 2-bedroom rent in Erie vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Erie is $668/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Erie and Lexington-Fayette?
The median household income in Erie is $45,773/year. In Lexington-Fayette it is $47,838/year. Lexington-Fayette has the higher median income.
What is the studio rent in Erie vs Lexington-Fayette?
A studio apartment Fair Market Rent in Erie is $457/mo. In Lexington-Fayette it is $595/mo.