Albuquerque vs Racine
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Racine is 21% cheaper for renters. A 2-bedroom rents for $794/mo vs $958/mo in Albuquerque — saving $1,968/year.
Rent by Unit Size
| Unit Size | Albuquerque | Racine | Difference |
|---|---|---|---|
| Studio | $647 | $508 | $139 |
| 1 Bedroom | $793 | $641 | $152 |
| 2 Bedrooms | $958 | $794 | $164 |
| 3 Bedrooms | $1,161 | $1,002 | $159 |
| 4 Bedrooms | $1,339 | $1,141 | $198 |
| Median Income | $49,585 | $42,267 | $7,318 |
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
Racine
- Studio
- $508/mo
- 1 BR
- $641/mo
- 2 BR
- $794/mo
- 3 BR
- $1,002/mo
- 4 BR
- $1,141/mo
- Median Income
- $42,267/yr
Frequently Asked Questions
Is Albuquerque or Racine cheaper to rent in?
Racine is cheaper — a 2-bedroom Fair Market Rent is $794/mo vs $958/mo in Albuquerque. That's $164/mo or $1,968/year more expensive in Albuquerque (21% higher).
What is the 2-bedroom rent in Albuquerque vs Racine?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Racine, a 2-bedroom FMR is $794/month.
How do incomes compare between Albuquerque and Racine?
The median household income in Albuquerque is $49,585/year. In Racine it is $42,267/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Racine?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Racine it is $508/mo.