Last updated October 17, 2026

Average Rent in Albuquerque, NM & Rent Trends

Rent prices and market trends across 42 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

$1,839/mo

▲ +0.6% from last month

Lowest Available

$1,220/mo

cheapest unit on market

Communities

tracked daily

Units Listed

195

available now

Rent Watch: cuts and increases

Open Rent Watch →

4 cuts and 4 increases among 47 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Indigo Park Apartment Homes
↑ $53/mo
Increase of 3.0% · Unit 2060
Taylor Ranch Apartments
↑ $50/mo
Increase of 2.6% · Unit 822
Andalucia Villas
↓ $50/mo
Cut of 2.2% · Unit 1201

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 $1,839 per month across 42 apartment communities and 195 available units. Rents have increased $10 (0.6%) over the past month.

The most affordable option is Manzano Vista apartments starting at $1,220/mo. By unit type, a 3-bedroom averages $1,839/mo.

Prices range from $1,220 to $7,533 per month. The most common price point is the $1,400 range, where 57 units are currently listed.

Albuquerque, NM Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
May 2026	$1,662	-	21
June 2026	$1,622	-$40	37
July 2026	$1,602	-$20	43
August 2026	$1,597	-$5	40
September 2026	$1,618	+$21	39
October 2026	$1,629	+$11	44

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

3 Bed

$1,839

from $1,220 · 195 units

Rent Prices by Apartment in Albuquerque, NM

Property	Starting at	Average	Units	Rating
Manzano Vista apartments	$1,220/mo	$1,220/mo	2	3
Arroyo Villas	$1,295/mo	$1,295/mo	6	3.7
Crescent Ridge Apartment Homes	$1,299/mo	$1,362/mo	7	3.4
Casa Bonita Apartments	$1,305/mo	$1,305/mo	7	2.2
Valley Apartments	$1,400/mo	$1,525/mo	2	3.3
The Ridge	$1,435/mo	$1,435/mo	4	3.1
Chateau Apartments	$1,450/mo	$1,649/mo	6	3.1
Sun Pointe Park Apartments	$1,500/mo	$1,532/mo	29	2.3
Odyssey Apartments	$1,528/mo	$1,556/mo	8	3.6
Villa Esperanza	$1,534/mo	$1,534/mo	1	2.1
Arrowhead Pointe	$1,547/mo	$1,547/mo	1	2.9
West Park Apartments	$1,566/mo	$1,566/mo	3	3.6
Norte Villas	$1,585/mo	$1,705/mo	5	2.8
Mountain Vista	$1,640/mo	$1,663/mo	5	4.1
Tierra Pointe	$1,701/mo	$1,794/mo	6	3.8
The Aspens Apartments	$1,715/mo	$1,740/mo	10	2.8
Cantata at the Trails	$1,728/mo	$2,227/mo	6	4.5
Indigo Park Apartment Homes	$1,748/mo	$1,773/mo	2	3.8
Taylor Ranch Apartments	$1,755/mo	$1,865/mo	4	3.1
Circ Apartments	$1,771/mo	$1,860/mo	4	3.9
Cottonwood Ranch Apartments	$1,805/mo	$1,890/mo	2	2.7
La Mirage Apartment Homes	$1,819/mo	$1,883/mo	4	3.6
Villas De La Terraza	$1,850/mo	$1,850/mo	1	3.1
La Paloma Apartments	$1,850/mo	$1,992/mo	3	4
Casa Tierra	$1,864/mo	$1,864/mo	1	3.8
Diamond Mesa	$1,893/mo	$2,024/mo	11	3.5
La Ventana Apartments	$1,899/mo	$1,899/mo	1	4.3
SkyStone Apartments	$1,920/mo	$3,793/mo	3	3.7
Altezza High Desert Apartments	$1,960/mo	$2,147/mo	8	3.2
OTTAVO Apartments	$1,974/mo	$1,990/mo	3	4.2
The Resort at Sandia Village	$2,000/mo	$2,080/mo	5	4.3
Sierra Meadows	$2,013/mo	$2,070/mo	2	4.2
Arterra	$2,085/mo	$2,133/mo	4	3.2
Olympus Encantada	$2,123/mo	$2,144/mo	3	4.4
Quincy	$2,161/mo	$2,161/mo	1	3.5
Allegro at Tanoan Apartments	$2,162/mo	$2,162/mo	1	3.8
Broadstone Towne Center	$2,190/mo	$2,190/mo	5	3.8
Olympus Northpoint	$2,190/mo	$2,190/mo	1	4.8
Andalucia Villas	$2,235/mo	$2,279/mo	7	3.9
Olympus Alameda	$2,279/mo	$2,373/mo	3	4.5
The Enclave Apartments	$2,315/mo	$2,315/mo	2	3.5
The Dillon Apartments	$2,430/mo	$2,543/mo	6	4.6

Frequently Asked Questions About Rent in Albuquerque, NM

What is the average rent in Albuquerque, NM?

The average rent in Albuquerque, NM is $1,839 per month as of October 2026, based on 195 units across 42 apartment communities.

Is rent going up or down in Albuquerque, NM?

Rent in Albuquerque, NM has increased $10 (0.6%) over the past month. The current average is $1,839/mo.

What is the cheapest apartment in Albuquerque, NM?

The most affordable apartment in Albuquerque, NM is Manzano Vista apartments with units starting at $1,220/mo.

How many apartments are available in Albuquerque, NM?

There are 195 units available across 42 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

$74,000/year

Based on the 30 percent rule, using our tracked average rent of $1,839/mo.

Comfortable income

$88,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,220/mo), you need to earn at least $49,000/year.

Median household income in Albuquerque, NM is $65,604 , about 26% 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	Source
Rent (market average)	$1,839	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	$4,809/mo	$57,714/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