FairRentWize

Fort Wayne vs Lafayette

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lafayette is 5% cheaper for renters. A 2-bedroom rents for $741/mo vs $777/mo in Fort Wayne — saving $432/year.

Rent by Unit Size

Unit SizeFort WayneLafayetteDifference
Studio$499$502$3
1 Bedroom$639$626$13
2 Bedrooms$777$741$36
3 Bedrooms$969$958$11
4 Bedrooms$1,175$1,134$41
Median Income$47,806$38,989$8,817

Fort Wayne

Studio
$499/mo
1 BR
$639/mo
2 BR
$777/mo
3 BR
$969/mo
4 BR
$1,175/mo
Median Income
$47,806/yr
Full Fort Wayne 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 Fort Wayne or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $777/mo in Fort Wayne. That's $36/mo or $432/year more expensive in Fort Wayne (5% higher).
What is the 2-bedroom rent in Fort Wayne vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Fort Wayne is $777/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Fort Wayne and Lafayette?
The median household income in Fort Wayne is $47,806/year. In Lafayette it is $38,989/year. Fort Wayne has the higher median income.
What is the studio rent in Fort Wayne vs Lafayette?
A studio apartment Fair Market Rent in Fort Wayne is $499/mo. In Lafayette it is $502/mo.