Albuquerque vs Lake Charles
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lake Charles is 30% cheaper for renters. A 2-bedroom rents for $735/mo vs $958/mo in Albuquerque — saving $2,676/year.
Rent by Unit Size
| Unit Size | Albuquerque | Lake Charles | Difference |
|---|---|---|---|
| Studio | $647 | $490 | $157 |
| 1 Bedroom | $793 | $592 | $201 |
| 2 Bedrooms | $958 | $735 | $223 |
| 3 Bedrooms | $1,161 | $930 | $231 |
| 4 Bedrooms | $1,339 | $984 | $355 |
| Median Income | $49,585 | $45,479 | $4,106 |
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
Lake Charles
- Studio
- $490/mo
- 1 BR
- $592/mo
- 2 BR
- $735/mo
- 3 BR
- $930/mo
- 4 BR
- $984/mo
- Median Income
- $45,479/yr
Frequently Asked Questions
Is Albuquerque or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $958/mo in Albuquerque. That's $223/mo or $2,676/year more expensive in Albuquerque (30% higher).
What is the 2-bedroom rent in Albuquerque vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Albuquerque and Lake Charles?
The median household income in Albuquerque is $49,585/year. In Lake Charles it is $45,479/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Lake Charles?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Lake Charles it is $490/mo.