Lexington-Fayette vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 16% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $1,728/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $595 | $712 | $117 |
| 1 Bedroom | $719 | $871 | $152 |
| 2 Bedrooms | $913 | $1,057 | $144 |
| 3 Bedrooms | $1,047 | $1,335 | $288 |
| 4 Bedrooms | $1,300 | $1,531 | $231 |
| Median Income | $47,838 | $62,156 | $14,318 |
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
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Lexington-Fayette or Palm Bay-Melbourne-Titusville cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $144/mo or $1,728/year more expensive in Palm Bay-Melbourne-Titusville (16% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Lexington-Fayette and Palm Bay-Melbourne-Titusville?
The median household income in Lexington-Fayette is $47,838/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Lexington-Fayette vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.