Albuquerque vs Madison
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 8% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,038/mo in Madison — saving $960/year.
Rent by Unit Size
| Unit Size | Albuquerque | Madison | Difference |
|---|---|---|---|
| Studio | $647 | $676 | $29 |
| 1 Bedroom | $793 | $827 | $34 |
| 2 Bedrooms | $958 | $1,038 | $80 |
| 3 Bedrooms | $1,161 | $1,222 | $61 |
| 4 Bedrooms | $1,339 | $1,400 | $61 |
| Median Income | $49,585 | $64,691 | $15,106 |
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
Madison
- Studio
- $676/mo
- 1 BR
- $827/mo
- 2 BR
- $1,038/mo
- 3 BR
- $1,222/mo
- 4 BR
- $1,400/mo
- Median Income
- $64,691/yr
Frequently Asked Questions
Is Albuquerque or Madison cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,038/mo in Madison. That's $80/mo or $960/year more expensive in Madison (8% higher).
What is the 2-bedroom rent in Albuquerque vs Madison?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Madison, a 2-bedroom FMR is $1,038/month.
How do incomes compare between Albuquerque and Madison?
The median household income in Albuquerque is $49,585/year. In Madison it is $64,691/year. Madison has the higher median income.
What is the studio rent in Albuquerque vs Madison?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Madison it is $676/mo.