Albuquerque vs Santa Fe
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 18% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,135/mo in Santa Fe — saving $2,124/year.
Rent by Unit Size
| Unit Size | Albuquerque | Santa Fe | Difference |
|---|---|---|---|
| Studio | $647 | $754 | $107 |
| 1 Bedroom | $793 | $923 | $130 |
| 2 Bedrooms | $958 | $1,135 | $177 |
| 3 Bedrooms | $1,161 | $1,361 | $200 |
| 4 Bedrooms | $1,339 | $1,696 | $357 |
| Median Income | $49,585 | $59,153 | $9,568 |
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
Santa Fe
- Studio
- $754/mo
- 1 BR
- $923/mo
- 2 BR
- $1,135/mo
- 3 BR
- $1,361/mo
- 4 BR
- $1,696/mo
- Median Income
- $59,153/yr
Frequently Asked Questions
Is Albuquerque or Santa Fe cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,135/mo in Santa Fe. That's $177/mo or $2,124/year more expensive in Santa Fe (18% higher).
What is the 2-bedroom rent in Albuquerque vs Santa Fe?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Santa Fe, a 2-bedroom FMR is $1,135/month.
How do incomes compare between Albuquerque and Santa Fe?
The median household income in Albuquerque is $49,585/year. In Santa Fe it is $59,153/year. Santa Fe has the higher median income.
What is the studio rent in Albuquerque vs Santa Fe?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Santa Fe it is $754/mo.