Grand Rapids-Kentwood vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 4% cheaper for renters. A 2-bedroom rents for $913/mo vs $945/mo in Grand Rapids-Kentwood — saving $384/year.
Rent by Unit Size
| Unit Size | Grand Rapids-Kentwood | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $583 | $595 | $12 |
| 1 Bedroom | $741 | $719 | $22 |
| 2 Bedrooms | $945 | $913 | $32 |
| 3 Bedrooms | $1,145 | $1,047 | $98 |
| 4 Bedrooms | $1,345 | $1,300 | $45 |
| Median Income | $58,686 | $47,838 | $10,848 |
Grand Rapids-Kentwood
- Studio
- $583/mo
- 1 BR
- $741/mo
- 2 BR
- $945/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,345/mo
- Median Income
- $58,686/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 Grand Rapids-Kentwood or Lexington-Fayette cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $945/mo in Grand Rapids-Kentwood. That's $32/mo or $384/year more expensive in Grand Rapids-Kentwood (4% higher).
What is the 2-bedroom rent in Grand Rapids-Kentwood vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Grand Rapids-Kentwood is $945/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Grand Rapids-Kentwood and Lexington-Fayette?
The median household income in Grand Rapids-Kentwood is $58,686/year. In Lexington-Fayette it is $47,838/year. Grand Rapids-Kentwood has the higher median income.
What is the studio rent in Grand Rapids-Kentwood vs Lexington-Fayette?
A studio apartment Fair Market Rent in Grand Rapids-Kentwood is $583/mo. In Lexington-Fayette it is $595/mo.