Albuquerque vs Palm Bay-Melbourne-Titusville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 10% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville — saving $1,188/year.
Rent by Unit Size
| Unit Size | Albuquerque | Palm Bay-Melbourne-Titusville | Difference |
|---|---|---|---|
| Studio | $647 | $712 | $65 |
| 1 Bedroom | $793 | $871 | $78 |
| 2 Bedrooms | $958 | $1,057 | $99 |
| 3 Bedrooms | $1,161 | $1,335 | $174 |
| 4 Bedrooms | $1,339 | $1,531 | $192 |
| Median Income | $49,585 | $62,156 | $12,571 |
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
Palm Bay-Melbourne-Titusville
- Studio
- $712/mo
- 1 BR
- $871/mo
- 2 BR
- $1,057/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,531/mo
- Median Income
- $62,156/yr
Frequently Asked Questions
Is Albuquerque or Palm Bay-Melbourne-Titusville cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,057/mo in Palm Bay-Melbourne-Titusville. That's $99/mo or $1,188/year more expensive in Palm Bay-Melbourne-Titusville (10% higher).
What is the 2-bedroom rent in Albuquerque vs Palm Bay-Melbourne-Titusville?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Palm Bay-Melbourne-Titusville, a 2-bedroom FMR is $1,057/month.
How do incomes compare between Albuquerque and Palm Bay-Melbourne-Titusville?
The median household income in Albuquerque is $49,585/year. In Palm Bay-Melbourne-Titusville it is $62,156/year. Palm Bay-Melbourne-Titusville has the higher median income.
What is the studio rent in Albuquerque vs Palm Bay-Melbourne-Titusville?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Palm Bay-Melbourne-Titusville it is $712/mo.