Lafayette vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 48% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,097/mo in Raleigh-Cary — saving $4,272/year.
Rent by Unit Size
| Unit Size | Lafayette | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $502 | $760 | $258 |
| 1 Bedroom | $626 | $928 | $302 |
| 2 Bedrooms | $741 | $1,097 | $356 |
| 3 Bedrooms | $958 | $1,435 | $477 |
| 4 Bedrooms | $1,134 | $1,556 | $422 |
| Median Income | $38,989 | $70,678 | $31,689 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Lafayette or Raleigh-Cary cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,097/mo in Raleigh-Cary. That's $356/mo or $4,272/year more expensive in Raleigh-Cary (48% higher).
What is the 2-bedroom rent in Lafayette vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Lafayette and Raleigh-Cary?
The median household income in Lafayette is $38,989/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Lafayette vs Raleigh-Cary?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Raleigh-Cary it is $760/mo.