Lexington-Fayette vs South Bend-Mishawaka
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
South Bend-Mishawaka is 26% cheaper for renters. A 2-bedroom rents for $724/mo vs $913/mo in Lexington-Fayette — saving $2,268/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | South Bend-Mishawaka | Difference |
|---|---|---|---|
| Studio | $595 | $500 | $95 |
| 1 Bedroom | $719 | $609 | $110 |
| 2 Bedrooms | $913 | $724 | $189 |
| 3 Bedrooms | $1,047 | $947 | $100 |
| 4 Bedrooms | $1,300 | $1,108 | $192 |
| Median Income | $47,838 | $45,155 | $2,683 |
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
South Bend-Mishawaka
- Studio
- $500/mo
- 1 BR
- $609/mo
- 2 BR
- $724/mo
- 3 BR
- $947/mo
- 4 BR
- $1,108/mo
- Median Income
- $45,155/yr
Frequently Asked Questions
Is Lexington-Fayette or South Bend-Mishawaka cheaper to rent in?
South Bend-Mishawaka is cheaper — a 2-bedroom Fair Market Rent is $724/mo vs $913/mo in Lexington-Fayette. That's $189/mo or $2,268/year more expensive in Lexington-Fayette (26% higher).
What is the 2-bedroom rent in Lexington-Fayette vs South Bend-Mishawaka?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In South Bend-Mishawaka, a 2-bedroom FMR is $724/month.
How do incomes compare between Lexington-Fayette and South Bend-Mishawaka?
The median household income in Lexington-Fayette is $47,838/year. In South Bend-Mishawaka it is $45,155/year. Lexington-Fayette has the higher median income.
What is the studio rent in Lexington-Fayette vs South Bend-Mishawaka?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In South Bend-Mishawaka it is $500/mo.