Laredo vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 31% cheaper for renters. A 2-bedroom rents for $698/mo vs $913/mo in Lexington-Fayette — saving $2,580/year.
Rent by Unit Size
| Unit Size | Laredo | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $463 | $595 | $132 |
| 1 Bedroom | $552 | $719 | $167 |
| 2 Bedrooms | $698 | $913 | $215 |
| 3 Bedrooms | $851 | $1,047 | $196 |
| 4 Bedrooms | $966 | $1,300 | $334 |
| Median Income | $40,343 | $47,838 | $7,495 |
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Lexington-Fayette
- Studio
- $595/mo
- 1 BR
- $719/mo
- 2 BR
- $913/mo
- 3 BR
- $1,047/mo
- 4 BR
- $1,300/mo
- Median Income
- $47,838/yr
Frequently Asked Questions
Is Laredo or Lexington-Fayette cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $913/mo in Lexington-Fayette. That's $215/mo or $2,580/year more expensive in Lexington-Fayette (31% higher).
What is the 2-bedroom rent in Laredo vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Laredo is $698/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Laredo and Lexington-Fayette?
The median household income in Laredo is $40,343/year. In Lexington-Fayette it is $47,838/year. Lexington-Fayette has the higher median income.
What is the studio rent in Laredo vs Lexington-Fayette?
A studio apartment Fair Market Rent in Laredo is $463/mo. In Lexington-Fayette it is $595/mo.