Lexington-Fayette vs Roanoke
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Roanoke is 14% cheaper for renters. A 2-bedroom rents for $803/mo vs $913/mo in Lexington-Fayette — saving $1,320/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Roanoke | Difference |
|---|---|---|---|
| Studio | $595 | $518 | $77 |
| 1 Bedroom | $719 | $643 | $76 |
| 2 Bedrooms | $913 | $803 | $110 |
| 3 Bedrooms | $1,047 | $980 | $67 |
| 4 Bedrooms | $1,300 | $1,168 | $132 |
| Median Income | $47,838 | $51,099 | $3,261 |
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
Roanoke
- Studio
- $518/mo
- 1 BR
- $643/mo
- 2 BR
- $803/mo
- 3 BR
- $980/mo
- 4 BR
- $1,168/mo
- Median Income
- $51,099/yr
Frequently Asked Questions
Is Lexington-Fayette or Roanoke cheaper to rent in?
Roanoke is cheaper — a 2-bedroom Fair Market Rent is $803/mo vs $913/mo in Lexington-Fayette. That's $110/mo or $1,320/year more expensive in Lexington-Fayette (14% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Roanoke?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Roanoke, a 2-bedroom FMR is $803/month.
How do incomes compare between Lexington-Fayette and Roanoke?
The median household income in Lexington-Fayette is $47,838/year. In Roanoke it is $51,099/year. Roanoke has the higher median income.
What is the studio rent in Lexington-Fayette vs Roanoke?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Roanoke it is $518/mo.