Lafayette vs Louisville-Jefferson County
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 13% cheaper for renters. A 2-bedroom rents for $741/mo vs $835/mo in Louisville-Jefferson County — saving $1,128/year.
Rent by Unit Size
| Unit Size | Lafayette | Louisville-Jefferson County | Difference |
|---|---|---|---|
| Studio | $502 | $555 | $53 |
| 1 Bedroom | $626 | $707 | $81 |
| 2 Bedrooms | $741 | $835 | $94 |
| 3 Bedrooms | $958 | $1,082 | $124 |
| 4 Bedrooms | $1,134 | $1,307 | $173 |
| Median Income | $38,989 | $52,763 | $13,774 |
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
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/yr
Frequently Asked Questions
Is Lafayette or Louisville-Jefferson County cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $835/mo in Louisville-Jefferson County. That's $94/mo or $1,128/year more expensive in Louisville-Jefferson County (13% higher).
What is the 2-bedroom rent in Lafayette vs Louisville-Jefferson County?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Louisville-Jefferson County, a 2-bedroom FMR is $835/month.
How do incomes compare between Lafayette and Louisville-Jefferson County?
The median household income in Lafayette is $38,989/year. In Louisville-Jefferson County it is $52,763/year. Louisville-Jefferson County has the higher median income.
What is the studio rent in Lafayette vs Louisville-Jefferson County?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Louisville-Jefferson County it is $555/mo.