Albuquerque vs Cleveland-Elyria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Cleveland-Elyria is 14% cheaper for renters. A 2-bedroom rents for $844/mo vs $958/mo in Albuquerque — saving $1,368/year.
Rent by Unit Size
| Unit Size | Albuquerque | Cleveland-Elyria | Difference |
|---|---|---|---|
| Studio | $647 | $566 | $81 |
| 1 Bedroom | $793 | $677 | $116 |
| 2 Bedrooms | $958 | $844 | $114 |
| 3 Bedrooms | $1,161 | $1,081 | $80 |
| 4 Bedrooms | $1,339 | $1,197 | $142 |
| Median Income | $49,585 | $59,020 | $9,435 |
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
Cleveland-Elyria
- Studio
- $566/mo
- 1 BR
- $677/mo
- 2 BR
- $844/mo
- 3 BR
- $1,081/mo
- 4 BR
- $1,197/mo
- Median Income
- $59,020/yr
Frequently Asked Questions
Is Albuquerque or Cleveland-Elyria cheaper to rent in?
Cleveland-Elyria is cheaper — a 2-bedroom Fair Market Rent is $844/mo vs $958/mo in Albuquerque. That's $114/mo or $1,368/year more expensive in Albuquerque (14% higher).
What is the 2-bedroom rent in Albuquerque vs Cleveland-Elyria?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Cleveland-Elyria, a 2-bedroom FMR is $844/month.
How do incomes compare between Albuquerque and Cleveland-Elyria?
The median household income in Albuquerque is $49,585/year. In Cleveland-Elyria it is $59,020/year. Cleveland-Elyria has the higher median income.
What is the studio rent in Albuquerque vs Cleveland-Elyria?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Cleveland-Elyria it is $566/mo.