Lafayette vs Syracuse
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 11% cheaper for renters. A 2-bedroom rents for $741/mo vs $820/mo in Syracuse — saving $948/year.
Rent by Unit Size
| Unit Size | Lafayette | Syracuse | Difference |
|---|---|---|---|
| Studio | $502 | $546 | $44 |
| 1 Bedroom | $626 | $686 | $60 |
| 2 Bedrooms | $741 | $820 | $79 |
| 3 Bedrooms | $958 | $1,051 | $93 |
| 4 Bedrooms | $1,134 | $1,207 | $73 |
| Median Income | $38,989 | $42,142 | $3,153 |
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
Syracuse
- Studio
- $546/mo
- 1 BR
- $686/mo
- 2 BR
- $820/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,207/mo
- Median Income
- $42,142/yr
Frequently Asked Questions
Is Lafayette or Syracuse cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $820/mo in Syracuse. That's $79/mo or $948/year more expensive in Syracuse (11% higher).
What is the 2-bedroom rent in Lafayette vs Syracuse?
The HUD Fair Market Rent for a 2-bedroom in Lafayette is $741/month. In Syracuse, a 2-bedroom FMR is $820/month.
How do incomes compare between Lafayette and Syracuse?
The median household income in Lafayette is $38,989/year. In Syracuse it is $42,142/year. Syracuse has the higher median income.
What is the studio rent in Lafayette vs Syracuse?
A studio apartment Fair Market Rent in Lafayette is $502/mo. In Syracuse it is $546/mo.