Lexington-Fayette vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 23% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,122/mo in Providence-Warwick — saving $2,508/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $595 | $784 | $189 |
| 1 Bedroom | $719 | $946 | $227 |
| 2 Bedrooms | $913 | $1,122 | $209 |
| 3 Bedrooms | $1,047 | $1,429 | $382 |
| 4 Bedrooms | $1,300 | $1,663 | $363 |
| Median Income | $47,838 | $69,693 | $21,855 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Lexington-Fayette or Providence-Warwick cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,122/mo in Providence-Warwick. That's $209/mo or $2,508/year more expensive in Providence-Warwick (23% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Lexington-Fayette and Providence-Warwick?
The median household income in Lexington-Fayette is $47,838/year. In Providence-Warwick it is $69,693/year. Providence-Warwick has the higher median income.
What is the studio rent in Lexington-Fayette vs Providence-Warwick?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Providence-Warwick it is $784/mo.