Albuquerque vs Cheyenne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cheyenne is 6% cheaper for renters. A 2-bedroom rents for $906/mo vs $958/mo in Albuquerque — saving $624/year.
Rent by Unit Size
| Unit Size | Albuquerque | Cheyenne | Difference |
|---|---|---|---|
| Studio | $647 | $586 | $61 |
| 1 Bedroom | $793 | $741 | $52 |
| 2 Bedrooms | $958 | $906 | $52 |
| 3 Bedrooms | $1,161 | $1,120 | $41 |
| 4 Bedrooms | $1,339 | $1,322 | $17 |
| Median Income | $49,585 | $46,984 | $2,601 |
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
Cheyenne
- Studio
- $586/mo
- 1 BR
- $741/mo
- 2 BR
- $906/mo
- 3 BR
- $1,120/mo
- 4 BR
- $1,322/mo
- Median Income
- $46,984/yr
Frequently Asked Questions
Is Albuquerque or Cheyenne cheaper to rent in?
Cheyenne is cheaper — a 2-bedroom Fair Market Rent is $906/mo vs $958/mo in Albuquerque. That's $52/mo or $624/year more expensive in Albuquerque (6% higher).
What is the 2-bedroom rent in Albuquerque vs Cheyenne?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Cheyenne, a 2-bedroom FMR is $906/month.
How do incomes compare between Albuquerque and Cheyenne?
The median household income in Albuquerque is $49,585/year. In Cheyenne it is $46,984/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Cheyenne?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Cheyenne it is $586/mo.