Albany vs Spokane-Spokane Valley
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 76% cheaper for renters. A 2-bedroom rents for $577/mo vs $1,014/mo in Spokane-Spokane Valley — saving $5,244/year.
Rent by Unit Size
| Unit Size | Albany | Spokane-Spokane Valley | Difference |
|---|---|---|---|
| Studio | $407 | $695 | $288 |
| 1 Bedroom | $488 | $839 | $351 |
| 2 Bedrooms | $577 | $1,014 | $437 |
| 3 Bedrooms | $748 | $1,335 | $587 |
| 4 Bedrooms | $841 | $1,520 | $679 |
| Median Income | $39,279 | $60,901 | $21,622 |
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
Spokane-Spokane Valley
- Studio
- $695/mo
- 1 BR
- $839/mo
- 2 BR
- $1,014/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,520/mo
- Median Income
- $60,901/yr
Frequently Asked Questions
Is Albany or Spokane-Spokane Valley cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $1,014/mo in Spokane-Spokane Valley. That's $437/mo or $5,244/year more expensive in Spokane-Spokane Valley (76% higher).
What is the 2-bedroom rent in Albany vs Spokane-Spokane Valley?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Spokane-Spokane Valley, a 2-bedroom FMR is $1,014/month.
How do incomes compare between Albany and Spokane-Spokane Valley?
The median household income in Albany is $39,279/year. In Spokane-Spokane Valley it is $60,901/year. Spokane-Spokane Valley has the higher median income.
What is the studio rent in Albany vs Spokane-Spokane Valley?
A studio apartment Fair Market Rent in Albany is $407/mo. In Spokane-Spokane Valley it is $695/mo.