Albuquerque vs Lexington-Fayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lexington-Fayette is 5% cheaper for renters. A 2-bedroom rents for $913/mo vs $958/mo in Albuquerque — saving $540/year.
Rent by Unit Size
| Unit Size | Albuquerque | Lexington-Fayette | Difference |
|---|---|---|---|
| Studio | $647 | $595 | $52 |
| 1 Bedroom | $793 | $719 | $74 |
| 2 Bedrooms | $958 | $913 | $45 |
| 3 Bedrooms | $1,161 | $1,047 | $114 |
| 4 Bedrooms | $1,339 | $1,300 | $39 |
| Median Income | $49,585 | $47,838 | $1,747 |
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
Lexington-Fayette
- Studio
- $595/mo
- 1 BR
- $719/mo
- 2 BR
- $913/mo
- 3 BR
- $1,047/mo
- 4 BR
- $1,300/mo
- Median Income
- $47,838/yr
Frequently Asked Questions
Is Albuquerque or Lexington-Fayette cheaper to rent in?
Lexington-Fayette is cheaper — a 2-bedroom Fair Market Rent is $913/mo vs $958/mo in Albuquerque. That's $45/mo or $540/year more expensive in Albuquerque (5% higher).
What is the 2-bedroom rent in Albuquerque vs Lexington-Fayette?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Lexington-Fayette, a 2-bedroom FMR is $913/month.
How do incomes compare between Albuquerque and Lexington-Fayette?
The median household income in Albuquerque is $49,585/year. In Lexington-Fayette it is $47,838/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Lexington-Fayette?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Lexington-Fayette it is $595/mo.