Lafayette vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 51% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,122/mo in Providence-Warwick — saving $4,572/year.
Rent by Unit Size
| Unit Size | Lafayette | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $502 | $784 | $282 |
| 1 Bedroom | $626 | $946 | $320 |
| 2 Bedrooms | $741 | $1,122 | $381 |
| 3 Bedrooms | $958 | $1,429 | $471 |
| 4 Bedrooms | $1,134 | $1,663 | $529 |
| Median Income | $38,989 | $69,693 | $30,704 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Lafayette or Providence-Warwick cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,122/mo in Providence-Warwick. That's $381/mo or $4,572/year more expensive in Providence-Warwick (51% higher).
What is the 2-bedroom rent in Lafayette vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Lafayette and Providence-Warwick?
The median household income in Lafayette is $38,989/year. In Providence-Warwick it is $69,693/year. Providence-Warwick has the higher median income.
What is the studio rent in Lafayette vs Providence-Warwick?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Providence-Warwick it is $784/mo.