Albany vs Lansing-East Lansing
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 45% cheaper for renters. A 2-bedroom rents for $577/mo vs $837/mo in Lansing-East Lansing — saving $3,120/year.
Rent by Unit Size
| Unit Size | Albany | Lansing-East Lansing | Difference |
|---|---|---|---|
| Studio | $407 | $564 | $157 |
| 1 Bedroom | $488 | $685 | $197 |
| 2 Bedrooms | $577 | $837 | $260 |
| 3 Bedrooms | $748 | $1,018 | $270 |
| 4 Bedrooms | $841 | $1,246 | $405 |
| Median Income | $39,279 | $43,668 | $4,389 |
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
Lansing-East Lansing
- Studio
- $564/mo
- 1 BR
- $685/mo
- 2 BR
- $837/mo
- 3 BR
- $1,018/mo
- 4 BR
- $1,246/mo
- Median Income
- $43,668/yr
Frequently Asked Questions
Is Albany or Lansing-East Lansing cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $837/mo in Lansing-East Lansing. That's $260/mo or $3,120/year more expensive in Lansing-East Lansing (45% higher).
What is the 2-bedroom rent in Albany vs Lansing-East Lansing?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Lansing-East Lansing, a 2-bedroom FMR is $837/month.
How do incomes compare between Albany and Lansing-East Lansing?
The median household income in Albany is $39,279/year. In Lansing-East Lansing it is $43,668/year. Lansing-East Lansing has the higher median income.
What is the studio rent in Albany vs Lansing-East Lansing?
A studio apartment Fair Market Rent in Albany is $407/mo. In Lansing-East Lansing it is $564/mo.