Albuquerque vs Phoenix-Mesa-Chandler
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 21% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,158/mo in Phoenix-Mesa-Chandler — saving $2,400/year.
Rent by Unit Size
| Unit Size | Albuquerque | Phoenix-Mesa-Chandler | Difference |
|---|---|---|---|
| Studio | $647 | $752 | $105 |
| 1 Bedroom | $793 | $943 | $150 |
| 2 Bedrooms | $958 | $1,158 | $200 |
| 3 Bedrooms | $1,161 | $1,495 | $334 |
| 4 Bedrooms | $1,339 | $1,715 | $376 |
| Median Income | $49,585 | $62,754 | $13,169 |
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
Phoenix-Mesa-Chandler
- Studio
- $752/mo
- 1 BR
- $943/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,495/mo
- 4 BR
- $1,715/mo
- Median Income
- $62,754/yr
Frequently Asked Questions
Is Albuquerque or Phoenix-Mesa-Chandler cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,158/mo in Phoenix-Mesa-Chandler. That's $200/mo or $2,400/year more expensive in Phoenix-Mesa-Chandler (21% higher).
What is the 2-bedroom rent in Albuquerque vs Phoenix-Mesa-Chandler?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Phoenix-Mesa-Chandler, a 2-bedroom FMR is $1,158/month.
How do incomes compare between Albuquerque and Phoenix-Mesa-Chandler?
The median household income in Albuquerque is $49,585/year. In Phoenix-Mesa-Chandler it is $62,754/year. Phoenix-Mesa-Chandler has the higher median income.
What is the studio rent in Albuquerque vs Phoenix-Mesa-Chandler?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Phoenix-Mesa-Chandler it is $752/mo.