Albany vs Grand Rapids-Kentwood
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 64% cheaper for renters. A 2-bedroom rents for $577/mo vs $945/mo in Grand Rapids-Kentwood — saving $4,416/year.
Rent by Unit Size
| Unit Size | Albany | Grand Rapids-Kentwood | Difference |
|---|---|---|---|
| Studio | $407 | $583 | $176 |
| 1 Bedroom | $488 | $741 | $253 |
| 2 Bedrooms | $577 | $945 | $368 |
| 3 Bedrooms | $748 | $1,145 | $397 |
| 4 Bedrooms | $841 | $1,345 | $504 |
| Median Income | $39,279 | $58,686 | $19,407 |
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
Grand Rapids-Kentwood
- Studio
- $583/mo
- 1 BR
- $741/mo
- 2 BR
- $945/mo
- 3 BR
- $1,145/mo
- 4 BR
- $1,345/mo
- Median Income
- $58,686/yr
Frequently Asked Questions
Is Albany or Grand Rapids-Kentwood cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $945/mo in Grand Rapids-Kentwood. That's $368/mo or $4,416/year more expensive in Grand Rapids-Kentwood (64% higher).
What is the 2-bedroom rent in Albany vs Grand Rapids-Kentwood?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Grand Rapids-Kentwood, a 2-bedroom FMR is $945/month.
How do incomes compare between Albany and Grand Rapids-Kentwood?
The median household income in Albany is $39,279/year. In Grand Rapids-Kentwood it is $58,686/year. Grand Rapids-Kentwood has the higher median income.
What is the studio rent in Albany vs Grand Rapids-Kentwood?
A studio apartment Fair Market Rent in Albany is $407/mo. In Grand Rapids-Kentwood it is $583/mo.