Albuquerque vs Concord
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 14% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,088/mo in Concord — saving $1,560/year.
Rent by Unit Size
| Unit Size | Albuquerque | Concord | Difference |
|---|---|---|---|
| Studio | $647 | $755 | $108 |
| 1 Bedroom | $793 | $912 | $119 |
| 2 Bedrooms | $958 | $1,088 | $130 |
| 3 Bedrooms | $1,161 | $1,418 | $257 |
| 4 Bedrooms | $1,339 | $1,586 | $247 |
| Median Income | $49,585 | $53,649 | $4,064 |
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
Concord
- Studio
- $755/mo
- 1 BR
- $912/mo
- 2 BR
- $1,088/mo
- 3 BR
- $1,418/mo
- 4 BR
- $1,586/mo
- Median Income
- $53,649/yr
Frequently Asked Questions
Is Albuquerque or Concord cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,088/mo in Concord. That's $130/mo or $1,560/year more expensive in Concord (14% higher).
What is the 2-bedroom rent in Albuquerque vs Concord?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Concord, a 2-bedroom FMR is $1,088/month.
How do incomes compare between Albuquerque and Concord?
The median household income in Albuquerque is $49,585/year. In Concord it is $53,649/year. Concord has the higher median income.
What is the studio rent in Albuquerque vs Concord?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Concord it is $755/mo.