Albuquerque vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 19% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,137/mo in Salem — saving $2,148/year.
Rent by Unit Size
| Unit Size | Albuquerque | Salem | Difference |
|---|---|---|---|
| Studio | $647 | $741 | $94 |
| 1 Bedroom | $793 | $913 | $120 |
| 2 Bedrooms | $958 | $1,137 | $179 |
| 3 Bedrooms | $1,161 | $1,411 | $250 |
| 4 Bedrooms | $1,339 | $1,615 | $276 |
| Median Income | $49,585 | $53,953 | $4,368 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Albuquerque or Salem cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,137/mo in Salem. That's $179/mo or $2,148/year more expensive in Salem (19% higher).
What is the 2-bedroom rent in Albuquerque vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Albuquerque and Salem?
The median household income in Albuquerque is $49,585/year. In Salem it is $53,953/year. Salem has the higher median income.
What is the studio rent in Albuquerque vs Salem?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Salem it is $741/mo.