Albuquerque vs Fort Wayne
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fort Wayne is 23% cheaper for renters. A 2-bedroom rents for $777/mo vs $958/mo in Albuquerque — saving $2,172/year.
Rent by Unit Size
| Unit Size | Albuquerque | Fort Wayne | Difference |
|---|---|---|---|
| Studio | $647 | $499 | $148 |
| 1 Bedroom | $793 | $639 | $154 |
| 2 Bedrooms | $958 | $777 | $181 |
| 3 Bedrooms | $1,161 | $969 | $192 |
| 4 Bedrooms | $1,339 | $1,175 | $164 |
| Median Income | $49,585 | $47,806 | $1,779 |
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
Fort Wayne
- Studio
- $499/mo
- 1 BR
- $639/mo
- 2 BR
- $777/mo
- 3 BR
- $969/mo
- 4 BR
- $1,175/mo
- Median Income
- $47,806/yr
Frequently Asked Questions
Is Albuquerque or Fort Wayne cheaper to rent in?
Fort Wayne is cheaper — a 2-bedroom Fair Market Rent is $777/mo vs $958/mo in Albuquerque. That's $181/mo or $2,172/year more expensive in Albuquerque (23% higher).
What is the 2-bedroom rent in Albuquerque vs Fort Wayne?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Fort Wayne, a 2-bedroom FMR is $777/month.
How do incomes compare between Albuquerque and Fort Wayne?
The median household income in Albuquerque is $49,585/year. In Fort Wayne it is $47,806/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Fort Wayne?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Fort Wayne it is $499/mo.