Albuquerque vs San Luis Obispo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 69% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,623/mo in San Luis Obispo — saving $7,980/year.
Rent by Unit Size
| Unit Size | Albuquerque | San Luis Obispo | Difference |
|---|---|---|---|
| Studio | $647 | $1,065 | $418 |
| 1 Bedroom | $793 | $1,360 | $567 |
| 2 Bedrooms | $958 | $1,623 | $665 |
| 3 Bedrooms | $1,161 | $2,039 | $878 |
| 4 Bedrooms | $1,339 | $2,372 | $1,033 |
| Median Income | $49,585 | $94,761 | $45,176 |
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
San Luis Obispo
- Studio
- $1,065/mo
- 1 BR
- $1,360/mo
- 2 BR
- $1,623/mo
- 3 BR
- $2,039/mo
- 4 BR
- $2,372/mo
- Median Income
- $94,761/yr
Frequently Asked Questions
Is Albuquerque or San Luis Obispo cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,623/mo in San Luis Obispo. That's $665/mo or $7,980/year more expensive in San Luis Obispo (69% higher).
What is the 2-bedroom rent in Albuquerque vs San Luis Obispo?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In San Luis Obispo, a 2-bedroom FMR is $1,623/month.
How do incomes compare between Albuquerque and San Luis Obispo?
The median household income in Albuquerque is $49,585/year. In San Luis Obispo it is $94,761/year. San Luis Obispo has the higher median income.
What is the studio rent in Albuquerque vs San Luis Obispo?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In San Luis Obispo it is $1,065/mo.