Albuquerque vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 29% cheaper for renters. A 2-bedroom rents for $741/mo vs $958/mo in Albuquerque — saving $2,604/year.
Rent by Unit Size
| Unit Size | Albuquerque | Lafayette | Difference |
|---|---|---|---|
| Studio | $647 | $502 | $145 |
| 1 Bedroom | $793 | $626 | $167 |
| 2 Bedrooms | $958 | $741 | $217 |
| 3 Bedrooms | $1,161 | $958 | $203 |
| 4 Bedrooms | $1,339 | $1,134 | $205 |
| Median Income | $49,585 | $38,989 | $10,596 |
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
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/yr
Frequently Asked Questions
Is Albuquerque or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $958/mo in Albuquerque. That's $217/mo or $2,604/year more expensive in Albuquerque (29% higher).
What is the 2-bedroom rent in Albuquerque vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Albuquerque and Lafayette?
The median household income in Albuquerque is $49,585/year. In Lafayette it is $38,989/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Lafayette?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Lafayette it is $502/mo.