Albuquerque vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 26% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,208/mo in Reno — saving $3,000/year.
Rent by Unit Size
| Unit Size | Albuquerque | Reno | Difference |
|---|---|---|---|
| Studio | $647 | $773 | $126 |
| 1 Bedroom | $793 | $946 | $153 |
| 2 Bedrooms | $958 | $1,208 | $250 |
| 3 Bedrooms | $1,161 | $1,422 | $261 |
| 4 Bedrooms | $1,339 | $1,636 | $297 |
| Median Income | $49,585 | $59,858 | $10,273 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Albuquerque or Reno cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,208/mo in Reno. That's $250/mo or $3,000/year more expensive in Reno (26% higher).
What is the 2-bedroom rent in Albuquerque vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Albuquerque and Reno?
The median household income in Albuquerque is $49,585/year. In Reno it is $59,858/year. Reno has the higher median income.
What is the studio rent in Albuquerque vs Reno?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Reno it is $773/mo.