Albany vs Albuquerque
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 66% cheaper for renters. A 2-bedroom rents for $577/mo vs $958/mo in Albuquerque — saving $4,572/year.
Rent by Unit Size
| Unit Size | Albany | Albuquerque | Difference |
|---|---|---|---|
| Studio | $407 | $647 | $240 |
| 1 Bedroom | $488 | $793 | $305 |
| 2 Bedrooms | $577 | $958 | $381 |
| 3 Bedrooms | $748 | $1,161 | $413 |
| 4 Bedrooms | $841 | $1,339 | $498 |
| Median Income | $39,279 | $49,585 | $10,306 |
Albany
- Studio
- $407/mo
- 1 BR
- $488/mo
- 2 BR
- $577/mo
- 3 BR
- $748/mo
- 4 BR
- $841/mo
- Median Income
- $39,279/yr
Albuquerque
- Studio
- $647/mo
- 1 BR
- $793/mo
- 2 BR
- $958/mo
- 3 BR
- $1,161/mo
- 4 BR
- $1,339/mo
- Median Income
- $49,585/yr
Frequently Asked Questions
Is Albany or Albuquerque cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $958/mo in Albuquerque. That's $381/mo or $4,572/year more expensive in Albuquerque (66% higher).
What is the 2-bedroom rent in Albany vs Albuquerque?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Albuquerque, a 2-bedroom FMR is $958/month.
How do incomes compare between Albany and Albuquerque?
The median household income in Albany is $39,279/year. In Albuquerque it is $49,585/year. Albuquerque has the higher median income.
What is the studio rent in Albany vs Albuquerque?
A studio apartment Fair Market Rent in Albany is $407/mo. In Albuquerque it is $647/mo.