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, NMCheapest
$680/mo
Uptown Park Apartments
Properties
149
tracked daily
Units
2023
available now
Albuquerque, NM Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 149 properties in Albuquerque, NM.
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
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.
Uptown Park Apartments
6200 Indian School Rd NE Apt 119, Albuquerque, NM 87110, USA
Home @ Valencia
5500 Eastern Ave SE, Albuquerque, NM 87108, USA
The Cedars Apartments
1700 Indian Plaza Dr NE, Albuquerque, NM 87106, USA
Tesota Four Hills
301 Western Skies Dr SE, Albuquerque, NM 87123, USA
Union 505 Apartments
801 Locust Pl NE, Albuquerque, NM 87102, USA
ABQ Encore Apartments
810 Eubank Blvd NE, Albuquerque, NM 87123, USA
Nova View
1330 Louisiana Blvd NE, Albuquerque, NM 87110, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Uptown Park Apartments 6200 Indian School Rd NE Apt 119, Albuquerque, NM 87110, USA | $680 | $680 | -- | 3.6 (70) | 1 |
| 2 | Home @ Valencia 5500 Eastern Ave SE, Albuquerque, NM 87108, USA | $715 | $715 | $1.30/ft² | 2.3 (9) | 1 |
| 3 | The Cedars Apartments 1700 Indian Plaza Dr NE, Albuquerque, NM 87106, USA | $724 | $777 | $1.71/ft² | 3.5 (59) | 2 |
| 4 | Tesota Four Hills 301 Western Skies Dr SE, Albuquerque, NM 87123, USA | $739 as of Sep 23 | $990 | $1.22/ft² | 3.4 (192) | 38 |
| 5 | Union 505 Apartments 801 Locust Pl NE, Albuquerque, NM 87102, USA | $748 | $1,035 | $2.22/ft² | 2.6 (502) | 40 |
| 6 | ABQ Encore Apartments 810 Eubank Blvd NE, Albuquerque, NM 87123, USA | $750 | $850 | $1.98/ft² | 4.3 (154) | 9 |
| 7 | Nova View 1330 Louisiana Blvd NE, Albuquerque, NM 87110, USA | $750 | $964 | $1.59/ft² | 4 (76) | 7 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Uptown Park Apartments
3.6 (70)6200 Indian School Rd NE Apt 119, Albuquerque, NM 87110, USA
Home @ Valencia
2.3 (9)5500 Eastern Ave SE, Albuquerque, NM 87108, USA
The Cedars Apartments
3.5 (59)1700 Indian Plaza Dr NE, Albuquerque, NM 87106, USA
Tesota Four Hills
3.4 (192)301 Western Skies Dr SE, Albuquerque, NM 87123, USA
Union 505 Apartments
2.6 (502)801 Locust Pl NE, Albuquerque, NM 87102, USA
ABQ Encore Apartments
4.3 (154)810 Eubank Blvd NE, Albuquerque, NM 87123, USA
By Area
Albuquerque, NM neighborhoods
Tracked buildings across 15 named neighborhoods. Pick one to see its apartments.
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.
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.
Missing your neighborhood?
Tell us where you're looking. We'll start tracking prices within 24 hours.
Get Started