Albuquerque vs Provo-Orem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 17% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,125/mo in Provo-Orem — saving $2,004/year.
Rent by Unit Size
| Unit Size | Albuquerque | Provo-Orem | Difference |
|---|---|---|---|
| Studio | $647 | $707 | $60 |
| 1 Bedroom | $793 | $881 | $88 |
| 2 Bedrooms | $958 | $1,125 | $167 |
| 3 Bedrooms | $1,161 | $1,330 | $169 |
| 4 Bedrooms | $1,339 | $1,544 | $205 |
| Median Income | $49,585 | $72,225 | $22,640 |
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
Provo-Orem
- Studio
- $707/mo
- 1 BR
- $881/mo
- 2 BR
- $1,125/mo
- 3 BR
- $1,330/mo
- 4 BR
- $1,544/mo
- Median Income
- $72,225/yr
Frequently Asked Questions
Is Albuquerque or Provo-Orem cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,125/mo in Provo-Orem. That's $167/mo or $2,004/year more expensive in Provo-Orem (17% higher).
What is the 2-bedroom rent in Albuquerque vs Provo-Orem?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Provo-Orem, a 2-bedroom FMR is $1,125/month.
How do incomes compare between Albuquerque and Provo-Orem?
The median household income in Albuquerque is $49,585/year. In Provo-Orem it is $72,225/year. Provo-Orem has the higher median income.
What is the studio rent in Albuquerque vs Provo-Orem?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Provo-Orem it is $707/mo.