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Average Rent in Albuquerque, NM

What is the average rent in Albuquerque, NM?

The average listed apartment rent in Albuquerque, NM is $7,833 per month, as of October 26, 2026. This sample includes 2,023 priced apartments in 149 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from October 20, 2026 through October 26, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

149 apartment buildings, 2023 units. Recorded asking prices and price history where available.

Browse apartments in Albuquerque, NM

Avg Rent

$7,833/mo

median $1,375

-3.7% vs last month

Cheapest

$680/mo

Uptown Park Apartments

Properties

149

tracked daily

Units

2023

available now

Albuquerque, NM Resident Access

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Analysis

Rent Price Breakdown

Compare pricing across all 149 properties in Albuquerque, NM.

Timeframe

Average rent trend, last 3 months

All bedroom types, citywide. Choose a window above to scope the view.

$1,397
Average rent today
Average rent trend in Albuquerque, NM $1,300$1,383$1,467$1,550 JulAugSepOct

Full Albuquerque, NM price history

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Albuquerque, NM Rent Prices

All 149 properties ranked by lowest available rent.

#1 3.6 (70)

Uptown Park Apartments

6200 Indian School Rd NE Apt 119, Albuquerque, NM 87110, USA

From $680/mo
Avg $680 1 units
#2 2.3 (9)

Home @ Valencia

5500 Eastern Ave SE, Albuquerque, NM 87108, USA

From $715/mo
Avg $715 1 units
#3 3.5 (59)

The Cedars Apartments

1700 Indian Plaza Dr NE, Albuquerque, NM 87106, USA

From $724/mo
Avg $777 2 units
#4 3.4 (192)

Tesota Four Hills

301 Western Skies Dr SE, Albuquerque, NM 87123, USA

From $739/mo as of Sep 23
Avg $990 38 units
#5 2.6 (502)

Union 505 Apartments

801 Locust Pl NE, Albuquerque, NM 87102, USA

From $748/mo
Avg $1,035 40 units
#6 4.3 (154)

ABQ Encore Apartments

810 Eubank Blvd NE, Albuquerque, NM 87123, USA

From $750/mo
Avg $850 9 units
#7 4 (76)

Nova View

1330 Louisiana Blvd NE, Albuquerque, NM 87110, USA

From $750/mo
Avg $964 7 units

Rent & Price History by Building

Compare apartment listings by price, bedrooms, and neighborhood.

Browse all apartments
Uptown Park Apartments apartments in Albuquerque, NM

Uptown Park Apartments

3.6 (70)

6200 Indian School Rd NE Apt 119, Albuquerque, NM 87110, USA

From $680/mo
1 units
Home @ Valencia apartments in Albuquerque, NM

Home @ Valencia

2.3 (9)

5500 Eastern Ave SE, Albuquerque, NM 87108, USA

From $715/mo
1 units
The Cedars Apartments apartments in Albuquerque, NM

The Cedars Apartments

3.5 (59)

1700 Indian Plaza Dr NE, Albuquerque, NM 87106, USA

From $724/mo
2 units
Tesota Four Hills apartments in Albuquerque, NM

Tesota Four Hills

3.4 (192)

301 Western Skies Dr SE, Albuquerque, NM 87123, USA

From $739/mo prices as of Sep 23
38 units
Union 505 Apartments apartments in Albuquerque, NM

Union 505 Apartments

2.6 (502)

801 Locust Pl NE, Albuquerque, NM 87102, USA

From $748/mo
40 units
ABQ Encore Apartments apartments in Albuquerque, NM

ABQ Encore Apartments

4.3 (154)

810 Eubank Blvd NE, Albuquerque, NM 87123, USA

From $750/mo
9 units

By Area

Albuquerque, NM neighborhoods

Tracked buildings across 15 named neighborhoods. Pick one to see its apartments.

Compare neighborhood rents on the Albuquerque, NM rent map

Albuquerque, NM Average Rent Prices 2026

The average listed rent in Albuquerque, NM is $7,833 per month, based on 2023 units across 149 apartment communities. Prices range from $680 at Uptown Park Apartments to $999,565 at NM Apartment Advisors, Inc..

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $957/mo $680/mo 93
1 Bed $1,278/mo $715/mo 764
2 Bed $1,533/mo $915/mo 885
3 Bed $1,859/mo $1,295/mo 193
4 Bed $1,887/mo $1,456/mo 4

We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.

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Building Economics

How much do Albuquerque, NM apartments earn?

The 23 buildings we can estimate generate about $5.5M in rental revenue per month ($66M a year). Estimated from each building's unit-level listing and leasing activity.

Building Est. Monthly Revenue Asking / Leased Est. Occupancy Units
1.Olympus Alameda $664K/mo 92% 367
2.La Paloma Apartments $610K/mo $1,519 / $1,545 93% 424
3.Las Mananitas Luxury Apartments $463K/mo $1,440 / $1,602 96% 300
4.Andalucia Villas $447K/mo $2,087 / $2,059 90% 241
5.The Lakes Apartments $363K/mo $1,268 / $1,259 96% 299
18 more estimated buildings $3.0M/mo

Research estimates from listing activity, not operator financials. Asking is the average listed rent; leased is the average rent at which units left the market. Click any building for the full revenue breakdown and methodology.

Market Context

Who rents in Albuquerque, NM, and what they pay

Tracked one-bedroom rent in Albuquerque, NM averages $1,278/mo, with two-bedroom units averaging $1,533/mo. At the local median household income of $65,604, that works out to 143% of gross income, a severely rent-burdened market by HUD standards.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Albuquerque, NM at $1,085/mo. The current tracked market average runs 622% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Albuquerque, NM while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Albuquerque

Demand in the Albuquerque rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

  • Sandia National Laboratories
  • Kirtland Air Force Base
  • University of New Mexico
  • Presbyterian Healthcare

Mean one-way commute in Albuquerque, NM is 22 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

What salary do I need to live comfortably in Albuquerque, NM?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$313,000/year

Based on the 30 percent rule, using our tracked average rent of $7,833/mo.

Comfortable income

$376,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($680/mo), you need to earn at least $27,000/year.

Median household income in Albuquerque, NM is $65,604 , about 83% below the comfortable-living threshold.

Cost of living in Albuquerque, NM

Overall prices in Albuquerque, NM runs below the national average by about 6% (BEA Regional Price Parity index 93.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Albuquerque, NM's regional price parities.

Category Monthly estimate
Rent (market average) $7,833
Utilities $382
Groceries $526
Transportation $909
Healthcare $444
Other goods and services $710
Estimated total $10,803/mo

Population

562,488

Median household income

$65,604

Census median rent

$1,085/mo

Census rent burden

31.1%

Median age

38.7

Mean commute

22 min

Methodology

Rent data

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in New Mexico

How Albuquerque, NM rent compares to other markets in the state.

City Avg Rent vs Albuquerque, NM 30-Day Change Properties
Rio Rancho, NM $1,494 -81% -8.1% 10
Santa FE, NM $1,762 -78% -24% 8
Las Cruces, NM $1,484 -81% +8.9% 7

Frequently asked questions

What is the average rent in Albuquerque, NM?

The average listed apartment rent in Albuquerque, NM is $7,833 per month, as of October 26, 2026. This sample includes 2,023 priced apartments in 149 buildings. These are tracked asking prices, not signed leases.

What is the median rent in Albuquerque, NM?

The median asking rent in Albuquerque, NM is $1,375 per month, computed from 2023 priced listings; check the observation dates shown on this page. The average is $7,833/mo; the median resists skew from luxury listings.

What is the cheapest apartment rent in Albuquerque, NM?

The lowest available rent in Albuquerque, NM starts at $680 per month. Confirm current availability, fees, and lease terms with the selected listing.

How much is a 1-bedroom apartment in Albuquerque, NM?

1-bedroom apartments in Albuquerque, NM average $1,278/mo. The lowest listed 1-bedroom starts at $715/mo across 764 units tracked.

How much is a 2-bedroom apartment in Albuquerque, NM?

2-bedroom apartments in Albuquerque, NM average $1,533/mo. Units start from $915/mo across 885 units currently listed.

Rent Trends in Albuquerque, NM

Track how apartment prices are changing over time.

View Rent Trends
+6 buildings added in the last 30 days

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