Lexington-Fayette vs Terre Haute
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Terre Haute is 35% cheaper for renters. A 2-bedroom rents for $676/mo vs $913/mo in Lexington-Fayette — saving $2,844/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Terre Haute | Difference |
|---|---|---|---|
| Studio | $595 | $419 | $176 |
| 1 Bedroom | $719 | $537 | $182 |
| 2 Bedrooms | $913 | $676 | $237 |
| 3 Bedrooms | $1,047 | $806 | $241 |
| 4 Bedrooms | $1,300 | $964 | $336 |
| Median Income | $47,838 | $40,500 | $7,338 |
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
Terre Haute
- Studio
- $419/mo
- 1 BR
- $537/mo
- 2 BR
- $676/mo
- 3 BR
- $806/mo
- 4 BR
- $964/mo
- Median Income
- $40,500/yr
Frequently Asked Questions
Is Lexington-Fayette or Terre Haute cheaper to rent in?
Terre Haute is cheaper — a 2-bedroom Fair Market Rent is $676/mo vs $913/mo in Lexington-Fayette. That's $237/mo or $2,844/year more expensive in Lexington-Fayette (35% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Terre Haute?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Terre Haute, a 2-bedroom FMR is $676/month.
How do incomes compare between Lexington-Fayette and Terre Haute?
The median household income in Lexington-Fayette is $47,838/year. In Terre Haute it is $40,500/year. Lexington-Fayette has the higher median income.
What is the studio rent in Lexington-Fayette vs Terre Haute?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Terre Haute it is $419/mo.