Albany vs Las Cruces
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 40% cheaper for renters. A 2-bedroom rents for $577/mo vs $806/mo in Las Cruces — saving $2,748/year.
Rent by Unit Size
| Unit Size | Albany | Las Cruces | Difference |
|---|---|---|---|
| Studio | $407 | $537 | $130 |
| 1 Bedroom | $488 | $638 | $150 |
| 2 Bedrooms | $577 | $806 | $229 |
| 3 Bedrooms | $748 | $949 | $201 |
| 4 Bedrooms | $841 | $1,133 | $292 |
| Median Income | $39,279 | $43,858 | $4,579 |
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
Las Cruces
- Studio
- $537/mo
- 1 BR
- $638/mo
- 2 BR
- $806/mo
- 3 BR
- $949/mo
- 4 BR
- $1,133/mo
- Median Income
- $43,858/yr
Frequently Asked Questions
Is Albany or Las Cruces cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $806/mo in Las Cruces. That's $229/mo or $2,748/year more expensive in Las Cruces (40% higher).
What is the 2-bedroom rent in Albany vs Las Cruces?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Las Cruces, a 2-bedroom FMR is $806/month.
How do incomes compare between Albany and Las Cruces?
The median household income in Albany is $39,279/year. In Las Cruces it is $43,858/year. Las Cruces has the higher median income.
What is the studio rent in Albany vs Las Cruces?
A studio apartment Fair Market Rent in Albany is $407/mo. In Las Cruces it is $537/mo.