Albuquerque vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 139% cheaper for renters. A 2-bedroom rents for $958/mo vs $2,293/mo in New York-Newark-Jersey City — saving $16,020/year.
Rent by Unit Size
| Unit Size | Albuquerque | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $647 | $1,531 | $884 |
| 1 Bedroom | $793 | $1,813 | $1,020 |
| 2 Bedrooms | $958 | $2,293 | $1,335 |
| 3 Bedrooms | $1,161 | $2,674 | $1,513 |
| 4 Bedrooms | $1,339 | $3,167 | $1,828 |
| Median Income | $49,585 | $124,777 | $75,192 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Albuquerque or New York-Newark-Jersey City cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,335/mo or $16,020/year more expensive in New York-Newark-Jersey City (139% higher).
What is the 2-bedroom rent in Albuquerque vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Albuquerque and New York-Newark-Jersey City?
The median household income in Albuquerque is $49,585/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Albuquerque vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In New York-Newark-Jersey City it is $1,531/mo.