Last updated
Average Rent in Albuquerque NM & Rent Trends
Rent prices and market trends across 2 apartment communities in Albuquerque NM. Updated daily.
Market Average
$2,041/mo
Lowest Available
$1,798/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
5
available now
Rent by Neighborhood in Albuquerque NM
Compare average rent across Albuquerque NM neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Yale Village | $2,195 | $2,148 | 1 | 3 |
| Vista Encantada | $1,430 | $1,111 | 1 | 13 |
Is Rent Going Up or Down in Albuquerque NM?
As of April 2026, the average rent in Albuquerque NM is $2,041 per month across 2 apartment communities and 5 available units.
The most affordable option is Glo starting at $1,798/mo. By unit type, a 2-bedroom averages $2,041/mo.
Prices range from $1,798 to $2,223 per month. The most common price point is the $2,200 range, where 2 units are currently listed.
Albuquerque NM Rent Price History
Collecting price history
Daily snapshots are being recorded. Trend charts will appear once we have enough data points.
Rent Price Distribution
Rent by Bedroom Type in Albuquerque NM
Rent Prices by Apartment in Albuquerque NM
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Glo | $1,798/mo | $1,811/mo | 2 | 4.2 |
| Olympus Highlands North | $2,148/mo | $2,195/mo | 3 | 4.7 |
Google Search Trends for Albuquerque NM Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Albuquerque NM
What is the average rent in Albuquerque NM?
Is rent going up or down in Albuquerque NM?
What is the cheapest apartment in Albuquerque NM?
How many apartments are available 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
$82,000/year
30 percent rule — using our average rent of $2,041/mo.
Comfortable income
$98,000/year
25 percent rule — leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,798/mo), you need to earn at least $72,000/year.
Median household income in Albuquerque NM is $65,604 — about 33% 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) | $2,041 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $5,011/mo |
Population
562,488
Median household income
$65,604
Median age
38.7
Mean commute
22 min
Methodology
† Rent data is 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 for utilities, groceries, transportation, healthcare, and other goods and services 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) 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 NM Apartments
Browse all 2 communities with daily-updated pricing and availability.