Albuquerque vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 15% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,097/mo in Raleigh-Cary — saving $1,668/year.
Rent by Unit Size
| Unit Size | Albuquerque | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $647 | $760 | $113 |
| 1 Bedroom | $793 | $928 | $135 |
| 2 Bedrooms | $958 | $1,097 | $139 |
| 3 Bedrooms | $1,161 | $1,435 | $274 |
| 4 Bedrooms | $1,339 | $1,556 | $217 |
| Median Income | $49,585 | $70,678 | $21,093 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Albuquerque or Raleigh-Cary cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,097/mo in Raleigh-Cary. That's $139/mo or $1,668/year more expensive in Raleigh-Cary (15% higher).
What is the 2-bedroom rent in Albuquerque vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Albuquerque and Raleigh-Cary?
The median household income in Albuquerque is $49,585/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Albuquerque vs Raleigh-Cary?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Raleigh-Cary it is $760/mo.