Albany vs Portland-South Portland
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 98% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,145/mo in Portland-South Portland — saving $6,816/year.
Rent by Unit Size
| Unit Size | Albany | Portland-South Portland | Difference |
|---|---|---|---|
| Studio | $407 | $765 | $358 |
| 1 Bedroom | $488 | $906 | $418 |
| 2 Bedrooms | $577 | $1,145 | $568 |
| 3 Bedrooms | $748 | $1,402 | $654 |
| 4 Bedrooms | $841 | $1,638 | $797 |
| Median Income | $39,279 | $58,824 | $19,545 |
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
Portland-South Portland
- Studio
- $765/mo
- 1 BR
- $906/mo
- 2 BR
- $1,145/mo
- 3 BR
- $1,402/mo
- 4 BR
- $1,638/mo
- Median Income
- $58,824/yr
Frequently Asked Questions
Is Albany or Portland-South Portland cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,145/mo in Portland-South Portland. That's $568/mo or $6,816/year more expensive in Portland-South Portland (98% higher).
What is the 2-bedroom rent in Albany vs Portland-South Portland?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Portland-South Portland, a 2-bedroom FMR is $1,145/month.
How do incomes compare between Albany and Portland-South Portland?
The median household income in Albany is $39,279/year. In Portland-South Portland it is $58,824/year. Portland-South Portland has the higher median income.
What is the studio rent in Albany vs Portland-South Portland?
A studio apartment Fair Market Rent in Albany is $407/mo. In Portland-South Portland it is $765/mo.