Albany vs Honolulu
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 236% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,937/mo in Honolulu — saving $16,320/year.
Rent by Unit Size
| Unit Size | Albany | Honolulu | Difference |
|---|---|---|---|
| Studio | $407 | $1,256 | $849 |
| 1 Bedroom | $488 | $1,543 | $1,055 |
| 2 Bedrooms | $577 | $1,937 | $1,360 |
| 3 Bedrooms | $748 | $2,397 | $1,649 |
| 4 Bedrooms | $841 | $2,745 | $1,904 |
| Median Income | $39,279 | $116,677 | $77,398 |
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
Honolulu
- Studio
- $1,256/mo
- 1 BR
- $1,543/mo
- 2 BR
- $1,937/mo
- 3 BR
- $2,397/mo
- 4 BR
- $2,745/mo
- Median Income
- $116,677/yr
Frequently Asked Questions
Is Albany or Honolulu cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,937/mo in Honolulu. That's $1,360/mo or $16,320/year more expensive in Honolulu (236% higher).
What is the 2-bedroom rent in Albany vs Honolulu?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Honolulu, a 2-bedroom FMR is $1,937/month.
How do incomes compare between Albany and Honolulu?
The median household income in Albany is $39,279/year. In Honolulu it is $116,677/year. Honolulu has the higher median income.
What is the studio rent in Albany vs Honolulu?
A studio apartment Fair Market Rent in Albany is $407/mo. In Honolulu it is $1,256/mo.