Lexington-Fayette vs Merced
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 16% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,055/mo in Merced — saving $1,704/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Merced | Difference |
|---|---|---|---|
| Studio | $595 | $696 | $101 |
| 1 Bedroom | $719 | $865 | $146 |
| 2 Bedrooms | $913 | $1,055 | $142 |
| 3 Bedrooms | $1,047 | $1,328 | $281 |
| 4 Bedrooms | $1,300 | $1,460 | $160 |
| Median Income | $47,838 | $60,958 | $13,120 |
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
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/yr
Frequently Asked Questions
Is Lexington-Fayette or Merced cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,055/mo in Merced. That's $142/mo or $1,704/year more expensive in Merced (16% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Merced?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Merced, a 2-bedroom FMR is $1,055/month.
How do incomes compare between Lexington-Fayette and Merced?
The median household income in Lexington-Fayette is $47,838/year. In Merced it is $60,958/year. Merced has the higher median income.
What is the studio rent in Lexington-Fayette vs Merced?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Merced it is $696/mo.