Lexington-Fayette vs Virginia Beach-Norfolk-Newport News
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 9% cheaper for renters. A 2-bedroom rents for $913/mo vs $994/mo in Virginia Beach-Norfolk-Newport News — saving $972/year.
Rent by Unit Size
| Unit Size | Lexington-Fayette | Virginia Beach-Norfolk-Newport News | Difference |
|---|---|---|---|
| Studio | $595 | $659 | $64 |
| 1 Bedroom | $719 | $824 | $105 |
| 2 Bedrooms | $913 | $994 | $81 |
| 3 Bedrooms | $1,047 | $1,234 | $187 |
| 4 Bedrooms | $1,300 | $1,448 | $148 |
| Median Income | $47,838 | $57,948 | $10,110 |
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
Virginia Beach-Norfolk-Newport News
- Studio
- $659/mo
- 1 BR
- $824/mo
- 2 BR
- $994/mo
- 3 BR
- $1,234/mo
- 4 BR
- $1,448/mo
- Median Income
- $57,948/yr
Frequently Asked Questions
Is Lexington-Fayette or Virginia Beach-Norfolk-Newport News cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $994/mo in Virginia Beach-Norfolk-Newport News. That's $81/mo or $972/year more expensive in Virginia Beach-Norfolk-Newport News (9% higher).
What is the 2-bedroom rent in Lexington-Fayette vs Virginia Beach-Norfolk-Newport News?
The HUD Fair Market Rent for a 2-bedroom in Lexington-Fayette is $913/month. In Virginia Beach-Norfolk-Newport News, a 2-bedroom FMR is $994/month.
How do incomes compare between Lexington-Fayette and Virginia Beach-Norfolk-Newport News?
The median household income in Lexington-Fayette is $47,838/year. In Virginia Beach-Norfolk-Newport News it is $57,948/year. Virginia Beach-Norfolk-Newport News has the higher median income.
What is the studio rent in Lexington-Fayette vs Virginia Beach-Norfolk-Newport News?
A studio apartment Fair Market Rent in Lexington-Fayette is $595/mo. In Virginia Beach-Norfolk-Newport News it is $659/mo.