FairRentWize

Idaho Falls vs Lafayette

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lafayette is 21% cheaper for renters. A 2-bedroom rents for $741/mo vs $897/mo in Idaho Falls — saving $1,872/year.

Rent by Unit Size

Unit SizeIdaho FallsLafayetteDifference
Studio$583$502$81
1 Bedroom$710$626$84
2 Bedrooms$897$741$156
3 Bedrooms$1,089$958$131
4 Bedrooms$1,288$1,134$154
Median Income$42,238$38,989$3,249

Idaho Falls

Studio
$583/mo
1 BR
$710/mo
2 BR
$897/mo
3 BR
$1,089/mo
4 BR
$1,288/mo
Median Income
$42,238/yr
Full Idaho Falls 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 Idaho Falls or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $897/mo in Idaho Falls. That's $156/mo or $1,872/year more expensive in Idaho Falls (21% higher).
What is the 2-bedroom rent in Idaho Falls vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Idaho Falls is $897/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Idaho Falls and Lafayette?
The median household income in Idaho Falls is $42,238/year. In Lafayette it is $38,989/year. Idaho Falls has the higher median income.
What is the studio rent in Idaho Falls vs Lafayette?
A studio apartment Fair Market Rent in Idaho Falls is $583/mo. In Lafayette it is $502/mo.