Albuquerque vs Springfield
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Springfield is 33% cheaper for renters. A 2-bedroom rents for $720/mo vs $958/mo in Albuquerque — saving $2,856/year.
Rent by Unit Size
| Unit Size | Albuquerque | Springfield | Difference |
|---|---|---|---|
| Studio | $647 | $490 | $157 |
| 1 Bedroom | $793 | $583 | $210 |
| 2 Bedrooms | $958 | $720 | $238 |
| 3 Bedrooms | $1,161 | $925 | $236 |
| 4 Bedrooms | $1,339 | $987 | $352 |
| Median Income | $49,585 | $37,539 | $12,046 |
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
Springfield
- Studio
- $490/mo
- 1 BR
- $583/mo
- 2 BR
- $720/mo
- 3 BR
- $925/mo
- 4 BR
- $987/mo
- Median Income
- $37,539/yr
Frequently Asked Questions
Is Albuquerque or Springfield cheaper to rent in?
Springfield is cheaper — a 2-bedroom Fair Market Rent is $720/mo vs $958/mo in Albuquerque. That's $238/mo or $2,856/year more expensive in Albuquerque (33% higher).
What is the 2-bedroom rent in Albuquerque vs Springfield?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Springfield, a 2-bedroom FMR is $720/month.
How do incomes compare between Albuquerque and Springfield?
The median household income in Albuquerque is $49,585/year. In Springfield it is $37,539/year. Albuquerque has the higher median income.
What is the studio rent in Albuquerque vs Springfield?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Springfield it is $490/mo.