Albuquerque vs Charlotte-Concord-Gastonia
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 13% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $1,512/year.
Rent by Unit Size
| Unit Size | Albuquerque | Charlotte-Concord-Gastonia | Difference |
|---|---|---|---|
| Studio | $647 | $724 | $77 |
| 1 Bedroom | $793 | $881 | $88 |
| 2 Bedrooms | $958 | $1,084 | $126 |
| 3 Bedrooms | $1,161 | $1,328 | $167 |
| 4 Bedrooms | $1,339 | $1,555 | $216 |
| Median Income | $49,585 | $63,227 | $13,642 |
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
Charlotte-Concord-Gastonia
- Studio
- $724/mo
- 1 BR
- $881/mo
- 2 BR
- $1,084/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,555/mo
- Median Income
- $63,227/yr
Frequently Asked Questions
Is Albuquerque or Charlotte-Concord-Gastonia cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $126/mo or $1,512/year more expensive in Charlotte-Concord-Gastonia (13% higher).
What is the 2-bedroom rent in Albuquerque vs Charlotte-Concord-Gastonia?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Charlotte-Concord-Gastonia, a 2-bedroom FMR is $1,084/month.
How do incomes compare between Albuquerque and Charlotte-Concord-Gastonia?
The median household income in Albuquerque is $49,585/year. In Charlotte-Concord-Gastonia it is $63,227/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Albuquerque vs Charlotte-Concord-Gastonia?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Charlotte-Concord-Gastonia it is $724/mo.