Albany vs Durham-Chapel Hill
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 90% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,098/mo in Durham-Chapel Hill — saving $6,252/year.
Rent by Unit Size
| Unit Size | Albany | Durham-Chapel Hill | Difference |
|---|---|---|---|
| Studio | $407 | $730 | $323 |
| 1 Bedroom | $488 | $882 | $394 |
| 2 Bedrooms | $577 | $1,098 | $521 |
| 3 Bedrooms | $748 | $1,391 | $643 |
| 4 Bedrooms | $841 | $1,605 | $764 |
| Median Income | $39,279 | $69,791 | $30,512 |
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
Durham-Chapel Hill
- Studio
- $730/mo
- 1 BR
- $882/mo
- 2 BR
- $1,098/mo
- 3 BR
- $1,391/mo
- 4 BR
- $1,605/mo
- Median Income
- $69,791/yr
Frequently Asked Questions
Is Albany or Durham-Chapel Hill cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,098/mo in Durham-Chapel Hill. That's $521/mo or $6,252/year more expensive in Durham-Chapel Hill (90% higher).
What is the 2-bedroom rent in Albany vs Durham-Chapel Hill?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Durham-Chapel Hill, a 2-bedroom FMR is $1,098/month.
How do incomes compare between Albany and Durham-Chapel Hill?
The median household income in Albany is $39,279/year. In Durham-Chapel Hill it is $69,791/year. Durham-Chapel Hill has the higher median income.
What is the studio rent in Albany vs Durham-Chapel Hill?
A studio apartment Fair Market Rent in Albany is $407/mo. In Durham-Chapel Hill it is $730/mo.