Albany vs Chico
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 84% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,059/mo in Chico — saving $5,784/year.
Rent by Unit Size
| Unit Size | Albany | Chico | Difference |
|---|---|---|---|
| Studio | $407 | $698 | $291 |
| 1 Bedroom | $488 | $859 | $371 |
| 2 Bedrooms | $577 | $1,059 | $482 |
| 3 Bedrooms | $748 | $1,354 | $606 |
| 4 Bedrooms | $841 | $1,491 | $650 |
| Median Income | $39,279 | $66,884 | $27,605 |
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
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/yr
Frequently Asked Questions
Is Albany or Chico cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,059/mo in Chico. That's $482/mo or $5,784/year more expensive in Chico (84% higher).
What is the 2-bedroom rent in Albany vs Chico?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Chico, a 2-bedroom FMR is $1,059/month.
How do incomes compare between Albany and Chico?
The median household income in Albany is $39,279/year. In Chico it is $66,884/year. Chico has the higher median income.
What is the studio rent in Albany vs Chico?
A studio apartment Fair Market Rent in Albany is $407/mo. In Chico it is $698/mo.