Lafayette vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 7% cheaper for renters. A 2-bedroom rents for $741/mo vs $794/mo in Racine — saving $636/year.
Rent by Unit Size
| Unit Size | Lafayette | Racine | Difference |
|---|---|---|---|
| Studio | $502 | $508 | $6 |
| 1 Bedroom | $626 | $641 | $15 |
| 2 Bedrooms | $741 | $794 | $53 |
| 3 Bedrooms | $958 | $1,002 | $44 |
| 4 Bedrooms | $1,134 | $1,141 | $7 |
| Median Income | $38,989 | $42,267 | $3,278 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Lafayette or Racine cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $794/mo in Racine. That's $53/mo or $636/year more expensive in Racine (7% higher).
What is the 2-bedroom rent in Lafayette vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Lafayette and Racine?
The median household income in Lafayette is $38,989/year. In Racine it is $42,267/year. Racine has the higher median income.
What is the studio rent in Lafayette vs Racine?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Racine it is $508/mo.