Lexington-Fayette vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 19% cheaper for renters. A 2-bedroom rents for $769/mo vs $913/mo in Lexington-Fayette — saving $1,728/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Toledo | Difference |
|---|---|---|---|
| Studio | $595 | $521 | $74 |
| 1 Bedroom | $719 | $622 | $97 |
| 2 Bedrooms | $913 | $769 | $144 |
| 3 Bedrooms | $1,047 | $990 | $57 |
| 4 Bedrooms | $1,300 | $1,150 | $150 |
| Median Income | $47,838 | $44,170 | $3,668 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Lexington-Fayette or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $913/mo in Lexington-Fayette. That's $144/mo or $1,728/year more expensive in Lexington-Fayette (19% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Lexington-Fayette and Toledo?
The median household income in Lexington-Fayette is $47,838/year. In Toledo it is $44,170/year. Lexington-Fayette has the higher median income.
What is the studio rent in Lexington-Fayette vs Toledo?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Toledo it is $521/mo.