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Albuquerque, NM rent prices by neighborhood: see where they're highest and lowest

Median overall rent across Albuquerque, NM's 14 mapped neighborhoods is $1,553, ranging from $1,036 in Sunset Ranch to $1,910 in South San Pedro.

Median apartment rent by neighborhood in Albuquerque, NM Alameda: $1,904/mo · 4 buildings Albuquerque 87122: $1,876/mo · 3 buildings Broadway Central Corridor Partnership: $1,098/mo · 2 buildings Eastridge: $1,196/mo · 2 buildings Elena Gallegos Grant: $1,815/mo · 7 buildings Linda Vista: $1,162/mo · 6 buildings Paradise Hills Civic: $1,741/mo · 6 buildings Paradise Hills Civic $1,741 Rhodes Acres: $1,529/mo · 15 buildings Rhodes Acres $1,529 Sawmill Area: $1,271/mo · 6 buildings Sawmill Area $1,271 South San Pedro: $1,910/mo · 4 buildings Sunset Ranch: $1,036/mo · 1 buildings Sunset Ranch $1,036 Taylor Ranch: $1,629/mo · 7 buildings Vista Encantada: $1,516/mo · 1 buildings Yale Village: $1,576/mo · 5 buildings Yale Village $1,576
Median rent Under $1,162 $1,162–$1,516 $1,516–$1,629 $1,629–$1,876 Over $1,876 No listings yet Streets © OpenStreetMap , © CARTO

All neighborhoods, ranked by rent

Click a row to see apartments in that area.

# Neighborhood Median rent Buildings Trend 1-yr change
1 Sunset Ranch $1,036 1
2 Broadway Central Corridor Partnership $1,098 2
3 Linda Vista $1,162 6
4 Eastridge $1,196 2
5 Sawmill Area $1,271 6
6 Vista Encantada $1,516 1
7 Rhodes Acres $1,529 15
8 Yale Village $1,576 5
9 Taylor Ranch $1,629 7
10 Paradise Hills Civic $1,741 6
11 Elena Gallegos Grant $1,815 7
12 Albuquerque 87122 $1,876 3
13 Alameda $1,904 4
14 South San Pedro $1,910 4

Median rent trend, last month

All bedroom types, citywide. Window grows each month up to a year.

$1,524
Median rent today
Median rent trend in Albuquerque, NM $1,450$1,517$1,583$1,650 Apr 16Apr 23May 7May 14May 21

Compare Albuquerque, NM to nearby New Mexico cities

Median 1-bedroom rent. Click a city to see its market.

How these numbers are calculated

Each neighborhood on this map is a single ZIP code, drawn from U.S. Census Bureau ZCTA boundaries. We label each one with the commonly-used neighborhood name where Google has one (for example "Downtown Austin" instead of "78701"), and the ZIP code itself otherwise. Each building is matched to its ZIP by checking whether its coordinates fall inside the boundary — not by comparing address labels — so a building in Albuquerque, NM only counts toward Albuquerque, NM's median even if its mailing address uses a different name.

Median rents are recomputed every 24 hours. We take each property's current floor-plan prices, group them by bedroom count, and take the median across every unit inside the ZIP. ZIPs with fewer than four current listings are hidden from the map until the data fills in — better to leave a blank than draw a confident color from one floor plan.

For comparison, the U.S. Census Bureau publishes a New Mexico median gross rent figure based on survey responses (the 2025 ACS), and Zillow's ZORI index publishes a smoothed monthly observed-rent estimate at the metro level. Both are useful long-run benchmarks but lag the live market by 30–90 days. RentCafe's neighborhood-level averages are similar in spirit to what you see here, but use a different smoothing window.

Want to dig further? Browse every apartment in Albuquerque, NM, see the city-wide price history for the last month, or read about how the data is collected.

Frequently asked questions

What is the cheapest neighborhood in Albuquerque, NM?
Sunset Ranch is the cheapest neighborhood for apartments in Albuquerque, NM, with a median rent of $1,036 per month based on prices refreshed every 24 hours.
What is the most expensive neighborhood in Albuquerque, NM?
South San Pedro is the most expensive neighborhood for apartments in Albuquerque, NM at a median of $1,910 per month.
How much is an apartment in Albuquerque, NM?
The median apartment in Albuquerque, NM rents for $1,553 per month across 14 mapped neighborhoods. Prices are refreshed every 24 hours from each property's leasing system.
Where can I find the most affordable apartments in Albuquerque, NM?
The most affordable areas tracked are Sunset Ranch, Broadway Central Corridor Partnership, Linda Vista, Eastridge, Sawmill Area. Each has its own filtered listing on the Albuquerque, NM apartments page.

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