Lafayette vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 209% cheaper for renters. A 2-bedroom rents for $741/mo vs $2,293/mo in New York-Newark-Jersey City — saving $18,624/year.
Rent by Unit Size
| Unit Size | Lafayette | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $502 | $1,531 | $1,029 |
| 1 Bedroom | $626 | $1,813 | $1,187 |
| 2 Bedrooms | $741 | $2,293 | $1,552 |
| 3 Bedrooms | $958 | $2,674 | $1,716 |
| 4 Bedrooms | $1,134 | $3,167 | $2,033 |
| Median Income | $38,989 | $124,777 | $85,788 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Lafayette or New York-Newark-Jersey City cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,552/mo or $18,624/year more expensive in New York-Newark-Jersey City (209% higher).
What is the 2-bedroom rent in Lafayette vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Lafayette and New York-Newark-Jersey City?
The median household income in Lafayette is $38,989/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Lafayette vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In New York-Newark-Jersey City it is $1,531/mo.