Last updated October 17, 2026

Average Rent in Albuquerque, NM & Rent Trends

Rent prices and market trends across 26 apartment communities in Albuquerque, NM. Updated daily.

Area All Areas Alameda Broadway Central Corridor Partnership Eastridge Echo Canyon Estates Elena Gallegos Grant Linda Vista Paradise Hills Civic Rhodes Acres Sawmill Area South San Pedro Sunset Ranch Taylor Ranch Vista Encantada Yale Village

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,084/mo

Lowest Available

$680/mo

cheapest unit on market

Communities

tracked daily

Units Listed

102

available now

Rent Watch: cuts and increases

Open Rent Watch →

1 cuts and 4 increases among 14 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Villas De La Terraza
↓ $76/mo
Cut of 7.1% · Unit 106
Odyssey Apartments
↑ $28/mo
Increase of 3.0% · Unit A202

Rent by Neighborhood in Albuquerque, NM

Compare average rent across Albuquerque, NM neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Alameda	$1,927	▼ $47	$1,061	5	83
Broadway Central Corridor Partnership	$1,885	▼ $54	$804	7	65
Yale Village	$1,804	▲ $143	$724	4	33
Taylor Ranch	$1,747	▼ $67	$1,054	11	135
Paradise Hills Civic	$1,609	▲ $136	$973	15	340
South San Pedro	$1,582	▼ $196	$709	10	44
Rhodes Acres	$1,480	▼ $59	$890	25	409
Elena Gallegos Grant	$1,463	▼ $53	$856	22	336
Sunset Ranch	$1,448	▲ $50	$905	4	86
Echo Canyon Estates	$1,273	▼ $8	$875	7	85
Sawmill Area	$1,253	▲ $139	$865	6	50
Vista Encantada	$1,225	▼ $196	$680	8	82
Eastridge	$1,216	▲ $134	$750	8	80
Linda Vista	$1,215	▼ $50	$750	7	34

Is Rent Going Up or Down in Albuquerque, NM?

As of October 2026, the average rent in Albuquerque, NM is $1,084 per month across 26 apartment communities and 102 available units.

The most affordable option is Uptown Park Apartments starting at $680/mo. By unit type, a studio averages $1,084/mo.

Prices range from $680 to $1,665 per month. The most common price point is the $800 range, where 47 units are currently listed.

Albuquerque, NM Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
May 2026	$1,372	-	11
June 2026	$1,368	-$4	27
July 2026	$1,331	-$37	31
August 2026	$1,335	+$4	28
September 2026	$1,356	+$21	29
October 2026	$1,257	-$99	27

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Rent Price Distribution

Rent by Bedroom Type in Albuquerque, NM

Studio

$1,084

from $680 · 102 units

Rent Prices by Apartment in Albuquerque, NM

Property	Starting at	Average	Units	Rating
Uptown Park Apartments	$680/mo	$680/mo	1	3.6
The Cedars Apartments	$724/mo	$724/mo	1	3.5
ABQ Encore Apartments	$750/mo	$800/mo	4	4.3
Nova View	$750/mo	$825/mo	2	4
Rock Creek Apartments	$750/mo	$786/mo	4	3.2
BLVD 2500 Luxury Apartments	$765/mo	$770/mo	2	3.3
Brandywood Park Apartments	$799/mo	$928/mo	7	3.6
Citadel Apartments	$804/mo	$804/mo	3	3.5
Pinewood Estates	$817/mo	$830/mo	3	3.3
Comanche Wells	$819/mo	$837/mo	4	3.1
Union 505 Apartments	$825/mo	$857/mo	5	2.6
Eagle Point Apartments	$884/mo	$944/mo	3	2.6
Tierra Pointe	$933/mo	$983/mo	11	3.8
The Beach	$940/mo	$940/mo	9	3.5
Lexington Place Apartments	$940/mo	$940/mo	3	3
Odyssey Apartments	$973/mo	$983/mo	4	3.6
Treehouse Apartments	$989/mo	$989/mo	1	2.6
Villas De La Terraza	$999/mo	$1,000/mo	2	3.1
Silverado	$1,130/mo	$1,444/mo	23	4
Canoan Village	$1,315/mo	$1,315/mo	1	3.6
Las Mananitas Luxury Apartments	$1,402/mo	$1,402/mo	1	3
Allaso Journal Center	$1,533/mo	$1,533/mo	1	2.8
Olympus Alameda	$1,579/mo	$1,579/mo	1	4.5
ABQ Uptown Apartments	$1,592/mo	$1,621/mo	3	3.7
Wintergreen Apartments	$1,600/mo	$1,625/mo	2	4.7
Olympus Latitude	$1,645/mo	$1,645/mo	1	4.9

Frequently Asked Questions About Rent in Albuquerque, NM

What is the average rent in Albuquerque, NM?

The average rent in Albuquerque, NM is $1,084 per month as of October 2026, based on 102 units across 26 apartment communities.

Is rent going up or down in Albuquerque, NM?

The current average rent in Albuquerque, NM is $1,084/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Albuquerque, NM?

The most affordable apartment in Albuquerque, NM is Uptown Park Apartments with units starting at $680/mo.

How many apartments are available in Albuquerque, NM?

There are 102 units available across 26 apartment communities in Albuquerque, NM.

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

$43,000/year

Based on the 30 percent rule, using our tracked average rent of $1,084/mo.

Comfortable income

$52,000/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 26% above 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	Source
Rent (market average)	$1,084	daily refresh
Utilities	$382	BLS × BEA RPP
Groceries	$526	BLS × BEA RPP
Transportation	$909	BLS × BEA RPP
Healthcare	$444	BLS × BEA RPP
Other goods and services	$710	BLS × BEA RPP
Estimated total	$4,054/mo	$48,654/year

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

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

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

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

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.

New Mexico Rent Trends

Compare rent across all New Mexico cities

Albuquerque, NM Neighborhood Rent Map

See rent history by neighborhood on a map

Explore Albuquerque, NM on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Albuquerque, NM rents stack up against the national median