Albuquerque vs Asheville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 15% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,106/mo in Asheville — saving $1,776/year.
Rent by Unit Size
| Unit Size | Albuquerque | Asheville | Difference |
|---|---|---|---|
| Studio | $647 | $689 | $42 |
| 1 Bedroom | $793 | $875 | $82 |
| 2 Bedrooms | $958 | $1,106 | $148 |
| 3 Bedrooms | $1,161 | $1,316 | $155 |
| 4 Bedrooms | $1,339 | $1,577 | $238 |
| Median Income | $49,585 | $64,400 | $14,815 |
Albuquerque
- Studio
- $647/mo
- 1 BR
- $793/mo
- 2 BR
- $958/mo
- 3 BR
- $1,161/mo
- 4 BR
- $1,339/mo
- Median Income
- $49,585/yr
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/yr
Frequently Asked Questions
Is Albuquerque or Asheville cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,106/mo in Asheville. That's $148/mo or $1,776/year more expensive in Asheville (15% higher).
What is the 2-bedroom rent in Albuquerque vs Asheville?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Asheville, a 2-bedroom FMR is $1,106/month.
How do incomes compare between Albuquerque and Asheville?
The median household income in Albuquerque is $49,585/year. In Asheville it is $64,400/year. Asheville has the higher median income.
What is the studio rent in Albuquerque vs Asheville?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Asheville it is $689/mo.