Albany vs Ann Arbor
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 103% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,170/mo in Ann Arbor — saving $7,116/year.
Rent by Unit Size
| Unit Size | Albany | Ann Arbor | Difference |
|---|---|---|---|
| Studio | $407 | $781 | $374 |
| 1 Bedroom | $488 | $945 | $457 |
| 2 Bedrooms | $577 | $1,170 | $593 |
| 3 Bedrooms | $748 | $1,486 | $738 |
| 4 Bedrooms | $841 | $1,736 | $895 |
| Median Income | $39,279 | $58,245 | $18,966 |
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
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/yr
Frequently Asked Questions
Is Albany or Ann Arbor cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,170/mo in Ann Arbor. That's $593/mo or $7,116/year more expensive in Ann Arbor (103% higher).
What is the 2-bedroom rent in Albany vs Ann Arbor?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Ann Arbor, a 2-bedroom FMR is $1,170/month.
How do incomes compare between Albany and Ann Arbor?
The median household income in Albany is $39,279/year. In Ann Arbor it is $58,245/year. Ann Arbor has the higher median income.
What is the studio rent in Albany vs Ann Arbor?
A studio apartment Fair Market Rent in Albany is $407/mo. In Ann Arbor it is $781/mo.