Albuquerque vs Casper
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Casper is 21% cheaper for renters. A 2-bedroom rents for $795/mo vs $958/mo in Albuquerque — saving $1,956/year.
Rent by Unit Size
| Unit Size | Albuquerque | Casper | Difference |
|---|---|---|---|
| Studio | $647 | $561 | $86 |
| 1 Bedroom | $793 | $666 | $127 |
| 2 Bedrooms | $958 | $795 | $163 |
| 3 Bedrooms | $1,161 | $1,009 | $152 |
| 4 Bedrooms | $1,339 | $1,224 | $115 |
| Median Income | $49,585 | $43,997 | $5,588 |
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
Casper
- Studio
- $561/mo
- 1 BR
- $666/mo
- 2 BR
- $795/mo
- 3 BR
- $1,009/mo
- 4 BR
- $1,224/mo
- Median Income
- $43,997/yr
Frequently Asked Questions
Is Albuquerque or Casper cheaper to rent in?
Casper is cheaper — a 2-bedroom Fair Market Rent is $795/mo vs $958/mo in Albuquerque. That's $163/mo or $1,956/year more expensive in Albuquerque (21% higher).
What is the 2-bedroom rent in Albuquerque vs Casper?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Casper, a 2-bedroom FMR is $795/month.
How do incomes compare between Albuquerque and Casper?
The median household income in Albuquerque is $49,585/year. In Casper it is $43,997/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Casper?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Casper it is $561/mo.