Albany vs Providence-Warwick
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 94% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,122/mo in Providence-Warwick — saving $6,540/year.
Rent by Unit Size
| Unit Size | Albany | Providence-Warwick | Difference |
|---|---|---|---|
| Studio | $407 | $784 | $377 |
| 1 Bedroom | $488 | $946 | $458 |
| 2 Bedrooms | $577 | $1,122 | $545 |
| 3 Bedrooms | $748 | $1,429 | $681 |
| 4 Bedrooms | $841 | $1,663 | $822 |
| Median Income | $39,279 | $69,693 | $30,414 |
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
Providence-Warwick
- Studio
- $784/mo
- 1 BR
- $946/mo
- 2 BR
- $1,122/mo
- 3 BR
- $1,429/mo
- 4 BR
- $1,663/mo
- Median Income
- $69,693/yr
Frequently Asked Questions
Is Albany or Providence-Warwick cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,122/mo in Providence-Warwick. That's $545/mo or $6,540/year more expensive in Providence-Warwick (94% higher).
What is the 2-bedroom rent in Albany vs Providence-Warwick?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Providence-Warwick, a 2-bedroom FMR is $1,122/month.
How do incomes compare between Albany and Providence-Warwick?
The median household income in Albany is $39,279/year. In Providence-Warwick it is $69,693/year. Providence-Warwick has the higher median income.
What is the studio rent in Albany vs Providence-Warwick?
A studio apartment Fair Market Rent in Albany is $407/mo. In Providence-Warwick it is $784/mo.