Lafayette vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 52% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,125/mo in Provo-Orem — saving $4,608/year.
Rent by Unit Size
| Unit Size | Lafayette | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $502 | $707 | $205 |
| 1 Bedroom | $626 | $881 | $255 |
| 2 Bedrooms | $741 | $1,125 | $384 |
| 3 Bedrooms | $958 | $1,330 | $372 |
| 4 Bedrooms | $1,134 | $1,544 | $410 |
| Median Income | $38,989 | $72,225 | $33,236 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Lafayette or Provo-Orem cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,125/mo in Provo-Orem. That's $384/mo or $4,608/year more expensive in Provo-Orem (52% higher).
What is the 2-bedroom rent in Lafayette vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Lafayette and Provo-Orem?
The median household income in Lafayette is $38,989/year. In Provo-Orem it is $72,225/year. Provo-Orem has the higher median income.
What is the studio rent in Lafayette vs Provo-Orem?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Provo-Orem it is $707/mo.