Albuquerque vs Hanford-Corcoran
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Hanford-Corcoran is 10% cheaper for renters. A 2-bedroom rents for $871/mo vs $958/mo in Albuquerque — saving $1,044/year.
Rent by Unit Size
| Unit Size | Albuquerque | Hanford-Corcoran | Difference |
|---|---|---|---|
| Studio | $647 | $578 | $69 |
| 1 Bedroom | $793 | $702 | $91 |
| 2 Bedrooms | $958 | $871 | $87 |
| 3 Bedrooms | $1,161 | $1,106 | $55 |
| 4 Bedrooms | $1,339 | $1,179 | $160 |
| Median Income | $49,585 | $53,765 | $4,180 |
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
Hanford-Corcoran
- Studio
- $578/mo
- 1 BR
- $702/mo
- 2 BR
- $871/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,179/mo
- Median Income
- $53,765/yr
Frequently Asked Questions
Is Albuquerque or Hanford-Corcoran cheaper to rent in?
Hanford-Corcoran is cheaper — a 2-bedroom Fair Market Rent is $871/mo vs $958/mo in Albuquerque. That's $87/mo or $1,044/year more expensive in Albuquerque (10% higher).
What is the 2-bedroom rent in Albuquerque vs Hanford-Corcoran?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Hanford-Corcoran, a 2-bedroom FMR is $871/month.
How do incomes compare between Albuquerque and Hanford-Corcoran?
The median household income in Albuquerque is $49,585/year. In Hanford-Corcoran it is $53,765/year. Hanford-Corcoran has the higher median income.
What is the studio rent in Albuquerque vs Hanford-Corcoran?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Hanford-Corcoran it is $578/mo.