Albany vs Asheville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 92% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,106/mo in Asheville — saving $6,348/year.
Rent by Unit Size
| Unit Size | Albany | Asheville | Difference |
|---|---|---|---|
| Studio | $407 | $689 | $282 |
| 1 Bedroom | $488 | $875 | $387 |
| 2 Bedrooms | $577 | $1,106 | $529 |
| 3 Bedrooms | $748 | $1,316 | $568 |
| 4 Bedrooms | $841 | $1,577 | $736 |
| Median Income | $39,279 | $64,400 | $25,121 |
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
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/yr
Frequently Asked Questions
Is Albany or Asheville cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,106/mo in Asheville. That's $529/mo or $6,348/year more expensive in Asheville (92% higher).
What is the 2-bedroom rent in Albany vs Asheville?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Asheville, a 2-bedroom FMR is $1,106/month.
How do incomes compare between Albany and Asheville?
The median household income in Albany is $39,279/year. In Asheville it is $64,400/year. Asheville has the higher median income.
What is the studio rent in Albany vs Asheville?
A studio apartment Fair Market Rent in Albany is $407/mo. In Asheville it is $689/mo.