Albany vs Louisville-Jefferson County
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 45% cheaper for renters. A 2-bedroom rents for $577/mo vs $835/mo in Louisville-Jefferson County — saving $3,096/year.
Rent by Unit Size
| Unit Size | Albany | Louisville-Jefferson County | Difference |
|---|---|---|---|
| Studio | $407 | $555 | $148 |
| 1 Bedroom | $488 | $707 | $219 |
| 2 Bedrooms | $577 | $835 | $258 |
| 3 Bedrooms | $748 | $1,082 | $334 |
| 4 Bedrooms | $841 | $1,307 | $466 |
| Median Income | $39,279 | $52,763 | $13,484 |
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
Louisville-Jefferson County
- Studio
- $555/mo
- 1 BR
- $707/mo
- 2 BR
- $835/mo
- 3 BR
- $1,082/mo
- 4 BR
- $1,307/mo
- Median Income
- $52,763/yr
Frequently Asked Questions
Is Albany or Louisville-Jefferson County cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $835/mo in Louisville-Jefferson County. That's $258/mo or $3,096/year more expensive in Louisville-Jefferson County (45% higher).
What is the 2-bedroom rent in Albany vs Louisville-Jefferson County?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Louisville-Jefferson County, a 2-bedroom FMR is $835/month.
How do incomes compare between Albany and Louisville-Jefferson County?
The median household income in Albany is $39,279/year. In Louisville-Jefferson County it is $52,763/year. Louisville-Jefferson County has the higher median income.
What is the studio rent in Albany vs Louisville-Jefferson County?
A studio apartment Fair Market Rent in Albany is $407/mo. In Louisville-Jefferson County it is $555/mo.