Albuquerque vs El Paso
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
El Paso is 10% cheaper for renters. A 2-bedroom rents for $868/mo vs $958/mo in Albuquerque — saving $1,080/year.
Rent by Unit Size
| Unit Size | Albuquerque | El Paso | Difference |
|---|---|---|---|
| Studio | $647 | $557 | $90 |
| 1 Bedroom | $793 | $685 | $108 |
| 2 Bedrooms | $958 | $868 | $90 |
| 3 Bedrooms | $1,161 | $1,052 | $109 |
| 4 Bedrooms | $1,339 | $1,194 | $145 |
| Median Income | $49,585 | $45,964 | $3,621 |
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
El Paso
- Studio
- $557/mo
- 1 BR
- $685/mo
- 2 BR
- $868/mo
- 3 BR
- $1,052/mo
- 4 BR
- $1,194/mo
- Median Income
- $45,964/yr
Frequently Asked Questions
Is Albuquerque or El Paso cheaper to rent in?
El Paso is cheaper — a 2-bedroom Fair Market Rent is $868/mo vs $958/mo in Albuquerque. That's $90/mo or $1,080/year more expensive in Albuquerque (10% higher).
What is the 2-bedroom rent in Albuquerque vs El Paso?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In El Paso, a 2-bedroom FMR is $868/month.
How do incomes compare between Albuquerque and El Paso?
The median household income in Albuquerque is $49,585/year. In El Paso it is $45,964/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs El Paso?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In El Paso it is $557/mo.