Albany vs Augusta-Richmond County
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 42% cheaper for renters. A 2-bedroom rents for $577/mo vs $818/mo in Augusta-Richmond County — saving $2,892/year.
Rent by Unit Size
| Unit Size | Albany | Augusta-Richmond County | Difference |
|---|---|---|---|
| Studio | $407 | $513 | $106 |
| 1 Bedroom | $488 | $644 | $156 |
| 2 Bedrooms | $577 | $818 | $241 |
| 3 Bedrooms | $748 | $947 | $199 |
| 4 Bedrooms | $841 | $1,121 | $280 |
| Median Income | $39,279 | $41,678 | $2,399 |
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
Augusta-Richmond County
- Studio
- $513/mo
- 1 BR
- $644/mo
- 2 BR
- $818/mo
- 3 BR
- $947/mo
- 4 BR
- $1,121/mo
- Median Income
- $41,678/yr
Frequently Asked Questions
Is Albany or Augusta-Richmond County cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $818/mo in Augusta-Richmond County. That's $241/mo or $2,892/year more expensive in Augusta-Richmond County (42% higher).
What is the 2-bedroom rent in Albany vs Augusta-Richmond County?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Augusta-Richmond County, a 2-bedroom FMR is $818/month.
How do incomes compare between Albany and Augusta-Richmond County?
The median household income in Albany is $39,279/year. In Augusta-Richmond County it is $41,678/year. Augusta-Richmond County has the higher median income.
What is the studio rent in Albany vs Augusta-Richmond County?
A studio apartment Fair Market Rent in Albany is $407/mo. In Augusta-Richmond County it is $513/mo.