Albany vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 95% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,125/mo in Provo-Orem — saving $6,576/year.
Rent by Unit Size
| Unit Size | Albany | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $407 | $707 | $300 |
| 1 Bedroom | $488 | $881 | $393 |
| 2 Bedrooms | $577 | $1,125 | $548 |
| 3 Bedrooms | $748 | $1,330 | $582 |
| 4 Bedrooms | $841 | $1,544 | $703 |
| Median Income | $39,279 | $72,225 | $32,946 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Albany or Provo-Orem cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,125/mo in Provo-Orem. That's $548/mo or $6,576/year more expensive in Provo-Orem (95% higher).
What is the 2-bedroom rent in Albany vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Albany and Provo-Orem?
The median household income in Albany is $39,279/year. In Provo-Orem it is $72,225/year. Provo-Orem has the higher median income.
What is the studio rent in Albany vs Provo-Orem?
A studio apartment Fair Market Rent in Albany is $407/mo. In Provo-Orem it is $707/mo.