Albany vs Winston-Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albany is 40% cheaper for renters. A 2-bedroom rents for $577/mo vs $807/mo in Winston-Salem — saving $2,760/year.
Rent by Unit Size
| Unit Size | Albany | Winston-Salem | Difference |
|---|---|---|---|
| Studio | $407 | $531 | $124 |
| 1 Bedroom | $488 | $652 | $164 |
| 2 Bedrooms | $577 | $807 | $230 |
| 3 Bedrooms | $748 | $1,030 | $282 |
| 4 Bedrooms | $841 | $1,189 | $348 |
| Median Income | $39,279 | $47,140 | $7,861 |
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
Winston-Salem
- Studio
- $531/mo
- 1 BR
- $652/mo
- 2 BR
- $807/mo
- 3 BR
- $1,030/mo
- 4 BR
- $1,189/mo
- Median Income
- $47,140/yr
Frequently Asked Questions
Is Albany or Winston-Salem cheaper to rent in?
Albany is cheaper — a 2-bedroom Fair Market Rent is $577/mo vs $807/mo in Winston-Salem. That's $230/mo or $2,760/year more expensive in Winston-Salem (40% higher).
What is the 2-bedroom rent in Albany vs Winston-Salem?
The HUD Fair Market Rent for a 2-bedroom in Albany is $577/month. In Winston-Salem, a 2-bedroom FMR is $807/month.
How do incomes compare between Albany and Winston-Salem?
The median household income in Albany is $39,279/year. In Winston-Salem it is $47,140/year. Winston-Salem has the higher median income.
What is the studio rent in Albany vs Winston-Salem?
A studio apartment Fair Market Rent in Albany is $407/mo. In Winston-Salem it is $531/mo.