Albany vs Concord
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 89% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,088/mo in Concord — saving $6,132/year.
Rent by Unit Size
| Unit Size | Albany | Concord | Difference |
|---|---|---|---|
| Studio | $407 | $755 | $348 |
| 1 Bedroom | $488 | $912 | $424 |
| 2 Bedrooms | $577 | $1,088 | $511 |
| 3 Bedrooms | $748 | $1,418 | $670 |
| 4 Bedrooms | $841 | $1,586 | $745 |
| Median Income | $39,279 | $53,649 | $14,370 |
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
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/yr
Frequently Asked Questions
Is Albany or Concord cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,088/mo in Concord. That's $511/mo or $6,132/year more expensive in Concord (89% higher).
What is the 2-bedroom rent in Albany vs Concord?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Concord, a 2-bedroom FMR is $1,088/month.
How do incomes compare between Albany and Concord?
The median household income in Albany is $39,279/year. In Concord it is $53,649/year. Concord has the higher median income.
What is the studio rent in Albany vs Concord?
A studio apartment Fair Market Rent in Albany is $407/mo. In Concord it is $755/mo.