Albany vs Bismarck
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 42% cheaper for renters. A 2-bedroom rents for $577/mo vs $817/mo in Bismarck — saving $2,880/year.
Rent by Unit Size
| Unit Size | Albany | Bismarck | Difference |
|---|---|---|---|
| Studio | $407 | $555 | $148 |
| 1 Bedroom | $488 | $667 | $179 |
| 2 Bedrooms | $577 | $817 | $240 |
| 3 Bedrooms | $748 | $1,020 | $272 |
| 4 Bedrooms | $841 | $1,141 | $300 |
| Median Income | $39,279 | $52,444 | $13,165 |
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
Bismarck
- Studio
- $555/mo
- 1 BR
- $667/mo
- 2 BR
- $817/mo
- 3 BR
- $1,020/mo
- 4 BR
- $1,141/mo
- Median Income
- $52,444/yr
Frequently Asked Questions
Is Albany or Bismarck cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $817/mo in Bismarck. That's $240/mo or $2,880/year more expensive in Bismarck (42% higher).
What is the 2-bedroom rent in Albany vs Bismarck?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Bismarck, a 2-bedroom FMR is $817/month.
How do incomes compare between Albany and Bismarck?
The median household income in Albany is $39,279/year. In Bismarck it is $52,444/year. Bismarck has the higher median income.
What is the studio rent in Albany vs Bismarck?
A studio apartment Fair Market Rent in Albany is $407/mo. In Bismarck it is $555/mo.