Fargo vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fargo is 0% cheaper for renters. A 2-bedroom rents for $913/mo vs $913/mo in Lexington-Fayette — saving $0/year.
Rent by Unit Size
| Unit Size | Fargo | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $577 | $595 | $18 |
| 1 Bedroom | $717 | $719 | $2 |
| 2 Bedrooms | $913 | $913 | $0 |
| 3 Bedrooms | $1,145 | $1,047 | $98 |
| 4 Bedrooms | $1,249 | $1,300 | $51 |
| Median Income | $45,978 | $47,838 | $1,860 |
Fargo
- Studio
- $577/mo
- 1 BR
- $717/mo
- 2 BR
- $913/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,249/mo
- Median Income
- $45,978/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 Fargo or Lexington-Fayette cheaper to rent in?
Fargo is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $913/mo in Lexington-Fayette. That's $0/mo or $0/year more expensive in Lexington-Fayette (0% higher).
What is the 2-bedroom rent in Fargo vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Fargo is $913/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Fargo and Lexington-Fayette?
The median household income in Fargo is $45,978/year. In Lexington-Fayette it is $47,838/year. Lexington-Fayette has the higher median income.
What is the studio rent in Fargo vs Lexington-Fayette?
A studio apartment Fair Market Rent in Fargo is $577/mo. In Lexington-Fayette it is $595/mo.