Lafayette vs Medford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 44% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,065/mo in Medford — saving $3,888/year.
Rent by Unit Size
| Unit Size | Lafayette | Medford | Difference |
|---|---|---|---|
| Studio | $502 | $704 | $202 |
| 1 Bedroom | $626 | $865 | $239 |
| 2 Bedrooms | $741 | $1,065 | $324 |
| 3 Bedrooms | $958 | $1,318 | $360 |
| 4 Bedrooms | $1,134 | $1,480 | $346 |
| Median Income | $38,989 | $51,417 | $12,428 |
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
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/yr
Frequently Asked Questions
Is Lafayette or Medford cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,065/mo in Medford. That's $324/mo or $3,888/year more expensive in Medford (44% higher).
What is the 2-bedroom rent in Lafayette vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Lafayette and Medford?
The median household income in Lafayette is $38,989/year. In Medford it is $51,417/year. Medford has the higher median income.
What is the studio rent in Lafayette vs Medford?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Medford it is $704/mo.