Lafayette vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 53% cheaper for renters. A 2-bedroom rents for $741/mo vs $1,137/mo in Salem — saving $4,752/year.
Rent by Unit Size
| Unit Size | Lafayette | Salem | Difference |
|---|---|---|---|
| Studio | $502 | $741 | $239 |
| 1 Bedroom | $626 | $913 | $287 |
| 2 Bedrooms | $741 | $1,137 | $396 |
| 3 Bedrooms | $958 | $1,411 | $453 |
| 4 Bedrooms | $1,134 | $1,615 | $481 |
| Median Income | $38,989 | $53,953 | $14,964 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Lafayette or Salem cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $1,137/mo in Salem. That's $396/mo or $4,752/year more expensive in Salem (53% higher).
What is the 2-bedroom rent in Lafayette vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Lafayette and Salem?
The median household income in Lafayette is $38,989/year. In Salem it is $53,953/year. Salem has the higher median income.
What is the studio rent in Lafayette vs Salem?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Salem it is $741/mo.