Albuquerque vs Chico
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 11% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,059/mo in Chico — saving $1,212/year.
Rent by Unit Size
| Unit Size | Albuquerque | Chico | Difference |
|---|---|---|---|
| Studio | $647 | $698 | $51 |
| 1 Bedroom | $793 | $859 | $66 |
| 2 Bedrooms | $958 | $1,059 | $101 |
| 3 Bedrooms | $1,161 | $1,354 | $193 |
| 4 Bedrooms | $1,339 | $1,491 | $152 |
| Median Income | $49,585 | $66,884 | $17,299 |
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
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/yr
Frequently Asked Questions
Is Albuquerque or Chico cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,059/mo in Chico. That's $101/mo or $1,212/year more expensive in Chico (11% higher).
What is the 2-bedroom rent in Albuquerque vs Chico?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Chico, a 2-bedroom FMR is $1,059/month.
How do incomes compare between Albuquerque and Chico?
The median household income in Albuquerque is $49,585/year. In Chico it is $66,884/year. Chico has the higher median income.
What is the studio rent in Albuquerque vs Chico?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Chico it is $698/mo.