Lexington-Fayette vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 32% cheaper for renters. A 2-bedroom rents for $913/mo vs $1,208/mo in Reno — saving $3,540/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Reno | Difference |
|---|---|---|---|
| Studio | $595 | $773 | $178 |
| 1 Bedroom | $719 | $946 | $227 |
| 2 Bedrooms | $913 | $1,208 | $295 |
| 3 Bedrooms | $1,047 | $1,422 | $375 |
| 4 Bedrooms | $1,300 | $1,636 | $336 |
| Median Income | $47,838 | $59,858 | $12,020 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Lexington-Fayette or Reno cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $1,208/mo in Reno. That's $295/mo or $3,540/year more expensive in Reno (32% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Lexington-Fayette and Reno?
The median household income in Lexington-Fayette is $47,838/year. In Reno it is $59,858/year. Reno has the higher median income.
What is the studio rent in Lexington-Fayette vs Reno?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Reno it is $773/mo.