Lexington-Fayette vs Medford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 17% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,065/mo in Medford — saving $1,824/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Medford | Difference |
|---|---|---|---|
| Studio | $595 | $704 | $109 |
| 1 Bedroom | $719 | $865 | $146 |
| 2 Bedrooms | $913 | $1,065 | $152 |
| 3 Bedrooms | $1,047 | $1,318 | $271 |
| 4 Bedrooms | $1,300 | $1,480 | $180 |
| Median Income | $47,838 | $51,417 | $3,579 |
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
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/yr
Frequently Asked Questions
Is Lexington-Fayette or Medford cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,065/mo in Medford. That's $152/mo or $1,824/year more expensive in Medford (17% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Lexington-Fayette and Medford?
The median household income in Lexington-Fayette is $47,838/year. In Medford it is $51,417/year. Medford has the higher median income.
What is the studio rent in Lexington-Fayette vs Medford?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Medford it is $704/mo.