Last updated
Average Rent in Albuquerque 87122 & Rent Trends
Rent prices and market trends across 3 apartment communities in Albuquerque 87122, Albuquerque, NM. Updated daily.
Market Average
$1,692/mo
▼ 5.3% from last month
Lowest Available
$1,460/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
12
available now
Albuquerque 87122 vs Albuquerque, NM Average
Albuquerque 87122 is more expensive the Albuquerque, NM average by $129/mo (8%). The citywide average is $1,563/mo across all neighborhoods.
Is Rent Going Up or Down in Albuquerque 87122?
As of June 2026, the average rent in Albuquerque 87122 is $1,692 per month across 3 apartment communities and 12 available units. Rents have decreased $102 (5.3%) over the past month.
The most affordable option is Arterra starting at $1,460/mo. By unit type, a 1-bedroom averages $1,692/mo.
Prices range from $1,460 to $2,124 per month. The most common price point is the $1,400 range, where 5 units are currently listed.
Albuquerque 87122 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Albuquerque 87122
Rent Prices by Apartment in Albuquerque 87122
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Arterra | $1,460/mo | $1,572/mo | 6 | 3.2 |
| Broadstone Heights | $1,475/mo | $1,556/mo | 3 | 3.9 |
| Allaso Vineyards | $1,970/mo | $2,067/mo | 3 | 4 |
Google Search Trends for Albuquerque 87122 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Albuquerque 87122
What is the average rent in Albuquerque 87122?
Is rent going up or down in Albuquerque 87122?
What is the cheapest apartment in Albuquerque 87122?
How much is a 1-bedroom apartment in Albuquerque 87122?
How many apartments are available in Albuquerque 87122?
What salary do I need to live comfortably in Albuquerque 87122?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$68,000/year
Based on the 30 percent rule, using our tracked average rent of $1,692/mo.
Comfortable income
$81,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,460/mo), you need to earn at least $58,000/year.
Median household income in Albuquerque 87122 is $65,604 , about 19% below the comfortable-living threshold.
Cost of living in Albuquerque 87122
Overall prices in Albuquerque 87122 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 87122's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,692 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,662/mo |
Population
562,488
Median household income
$65,604
Census median rent
$1,085/mo
Rent as % of income
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.
Explore Albuquerque 87122 Apartments
Browse all 3 communities with daily-updated pricing and availability.