Albuquerque vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Albuquerque is 7% cheaper for renters. A 2-bedroom rents for $958/mo vs $1,024/mo in Wilmington — saving $792/year.
Rent by Unit Size
| Unit Size | Albuquerque | Wilmington | Difference |
|---|---|---|---|
| Studio | $647 | $656 | $9 |
| 1 Bedroom | $793 | $838 | $45 |
| 2 Bedrooms | $958 | $1,024 | $66 |
| 3 Bedrooms | $1,161 | $1,314 | $153 |
| 4 Bedrooms | $1,339 | $1,459 | $120 |
| Median Income | $49,585 | $52,995 | $3,410 |
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
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Albuquerque or Wilmington cheaper to rent in?
Albuquerque is cheaper — a 2-bedroom Fair Market Rent is $958/mo vs $1,024/mo in Wilmington. That's $66/mo or $792/year more expensive in Wilmington (7% higher).
What is the 2-bedroom rent in Albuquerque vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Albuquerque and Wilmington?
The median household income in Albuquerque is $49,585/year. In Wilmington it is $52,995/year. Wilmington has the higher median income.
What is the studio rent in Albuquerque vs Wilmington?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Wilmington it is $656/mo.