Albany vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 181% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,623/mo in San Luis Obispo — saving $12,552/year.
Rent by Unit Size
| Unit Size | Albany | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $407 | $1,065 | $658 |
| 1 Bedroom | $488 | $1,360 | $872 |
| 2 Bedrooms | $577 | $1,623 | $1,046 |
| 3 Bedrooms | $748 | $2,039 | $1,291 |
| 4 Bedrooms | $841 | $2,372 | $1,531 |
| Median Income | $39,279 | $94,761 | $55,482 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is Albany or San Luis Obispo cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,623/mo in San Luis Obispo. That's $1,046/mo or $12,552/year more expensive in San Luis Obispo (181% higher).
What is the 2-bedroom rent in Albany vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Albany and San Luis Obispo?
The median household income in Albany is $39,279/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Albany vs San Luis Obispo?
A studio apartment Fair Market Rent in Albany is $407/mo. In San Luis Obispo it is $1,065/mo.