Lafayette vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 43% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $3,792/year.
Rent by Unit Size
| Unit Size | Lafayette | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $502 | $712 | $210 |
| 1 Bedroom | $626 | $871 | $245 |
| 2 Bedrooms | $741 | $1,057 | $316 |
| 3 Bedrooms | $958 | $1,335 | $377 |
| 4 Bedrooms | $1,134 | $1,531 | $397 |
| Median Income | $38,989 | $62,156 | $23,167 |
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
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Lafayette or Palm Bay-Melbourne-Titusville cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $316/mo or $3,792/year more expensive in Palm Bay-Melbourne-Titusville (43% higher).
What is the 2-bedroom rent in Lafayette vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Lafayette and Palm Bay-Melbourne-Titusville?
The median household income in Lafayette is $38,989/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Lafayette vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.