Albuquerque vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 37% cheaper for renters. A 2-bedroom rents for $698/mo vs $958/mo in Albuquerque — saving $3,120/year.
Rent by Unit Size
| Unit Size | Albuquerque | Laredo | Difference |
|---|---|---|---|
| Studio | $647 | $463 | $184 |
| 1 Bedroom | $793 | $552 | $241 |
| 2 Bedrooms | $958 | $698 | $260 |
| 3 Bedrooms | $1,161 | $851 | $310 |
| 4 Bedrooms | $1,339 | $966 | $373 |
| Median Income | $49,585 | $40,343 | $9,242 |
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
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Albuquerque or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $958/mo in Albuquerque. That's $260/mo or $3,120/year more expensive in Albuquerque (37% higher).
What is the 2-bedroom rent in Albuquerque vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Albuquerque and Laredo?
The median household income in Albuquerque is $49,585/year. In Laredo it is $40,343/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Laredo?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Laredo it is $463/mo.