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Average Rent in Albuquerque, NM & Rent Trends

What is the average rent in Albuquerque, NM?

The average listed apartment rent in Albuquerque, NM is $8,912 per month, as of November 8, 2026. This sample includes 2,014 priced apartments in 153 buildings. These are tracked asking prices, not signed leases.

We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 1, 2026 through November 8, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.

Rent prices and market trends across 153 apartment communities in Albuquerque, NM. Prices update after successful source checks.

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

Showing any bedrooms in Albuquerque, NM.

Market Average

$8,912/mo

▲ +1% from last month

Lowest Available

$640/mo

cheapest unit on market

Communities

153

tracked daily

Units Listed

2014

available now

Rent Watch: cuts and increases

Open Rent Watch →

See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

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
Broadway Central Corridor Partnership $102,407 ▲  $1,130 $740 7 149
Alameda $1,919 ▼  $101 $1,061 4 63
Albuquerque 87122 $1,842 ▼  $112 $1,379 2 16
Yale Village $1,740 ▼  $45 $724 6 41
Taylor Ranch $1,583 ▼  $63 $1,054 12 129
Paradise Hills Civic $1,527 ▼  $141 $917 16 379
Elena Gallegos Grant $1,508 ▲  $15 $834 23 289

Is Rent Going Up or Down in Albuquerque, NM?

As of November 2026, the average rent in Albuquerque, NM is $8,912 per month across 153 apartment communities and 2014 available units. Rents have increased $91 (1%) over the past month.

The most affordable option is Monterey Place Apartments starting at $640/mo. By unit type, a studio averages $1,005/mo, a 1-bedroom averages $1,267/mo, a 2-bedroom averages $1,511/mo, a 3-bedroom averages $1,806/mo, a 4-bedroom averages $1,792/mo.

Prices range from $640 to $999,565 per month. The most common price point is the $1,200 range, where 472 units are currently listed.

Albuquerque, NM Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
May 2026 $1,454 - 66
June 2026 $1,437 -$17 123
July 2026 $1,456 +$19 142
August 2026 $1,427 -$29 130
September 2026 $1,444 +$17 124
October 2026 $1,406 -$38 123
November 2026 $1,383 -$23 125

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.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Albuquerque, NM

Studio
$1,005
from $680 · 100 units
1 Bed
$1,267
from $700 · 736 units
2 Bed
$1,511
from $709 · 881 units
3 Bed
$1,806
from $1,220 · 209 units
4 Bed
$1,792
from $1,456 · 5 units

Rent Prices by Apartment in Albuquerque, NM

Property Starting at Average Units Rating
Monterey Place Apartments $640/mo $1,284/mo 44 3.6
Uptown Park Apartments $680/mo $680/mo 1 3.6
Home @ Valencia $700/mo $700/mo 1 2.3
The Valencia Apartments $709/mo $779/mo 2 3.4
The Cedars Apartments $724/mo $724/mo 1 3.5
Union 505 Apartments $740/mo $1,011/mo 49 2.6
ABQ Encore Apartments $750/mo $850/mo 9 4.3

Frequently Asked Questions About Rent in Albuquerque, NM

How many bedrooms are you looking for?

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What is the average rent in Albuquerque, NM?
The average listed apartment rent in Albuquerque, NM is $8,912 per month, as of November 8, 2026. This sample includes 2,014 priced apartments in 153 buildings. These are tracked asking prices, not signed leases.

What rent range can I find in Albuquerque, NM?
The apartment listings we track in Albuquerque, NM range from $640 to $999,565 per month, as of November 8, 2026. These are the lowest and highest listed prices. They are not a typical price for every apartment. The building, floor plan, and lease terms can affect the price.

Are rents going up or down in Albuquerque, NM?
The daily building-average rent rose by $14 (1.0%) over 30 days between observations in October 2026 and November 2026. This compares recorded asking rents. The current month's figures may still be incomplete, and the building mix can change.

How much is a studio apartment in Albuquerque, NM?
Studio apartments average $1,005 per month across 100 priced listings in Albuquerque, NM. Listed rents range from $680 to $1,658 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 1-bedroom apartment in Albuquerque, NM?
1-bedroom apartments average $1,267 per month across 736 priced listings in Albuquerque, NM. Listed rents range from $700 to $2,067 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 2-bedroom apartment in Albuquerque, NM?
2-bedroom apartments average $1,511 per month across 881 priced listings in Albuquerque, NM. Listed rents range from $709 to $2,440 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 3-bedroom apartment in Albuquerque, NM?
3-bedroom apartments average $1,806 per month across 209 priced listings in Albuquerque, NM. Listed rents range from $1,220 to $2,452 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How much is a 4-bedroom apartment in Albuquerque, NM?
4-bedroom apartments average $1,792 per month across 5 priced listings in Albuquerque, NM. Listed rents range from $1,456 to $2,230 per month, as of November 8, 2026. Compare apartments with similar floor plans and lease terms.

How do 1-bedroom and 2-bedroom rents compare in Albuquerque, NM?
The 1-bedroom average is $1,267 per month across 736 listings. The 2-bedroom average is $1,511 across 881 listings, $244 (19.3%) higher. This is a comparison of listing groups, not the cost to upgrade a specific apartment.

Which tracked building has the lowest starting rent in Albuquerque, NM?
Monterey Place Apartments has the lowest starting rent among the buildings in the comparison table, at $640 per month. We track 44 priced listings matching your bedroom choice in that building, as of November 8, 2026. The starting price applies to its lowest-priced matching apartment. Check that apartment's latest price and availability.

Which rent range has the most listings in Albuquerque, NM?
The $1,200 to $1,400 monthly range has the most matching listings: 472 units, or 23.4% of the priced apartments we track in Albuquerque, NM. This count does not tell us how fast the apartments rent.

How many apartment listings do you track in Albuquerque, NM?
We track 2,014 priced units at 153 apartment buildings, as of November 8, 2026. This is not the total number of apartments in those buildings. A listing can change or become unavailable. Open the apartment details to check its latest status.

How much rent history is available for Albuquerque, NM?
We have recorded rent data on 190 days from May 2026 through November 2026 for apartment listings in Albuquerque, NM. Some dates can be missing. The chart only shows recorded data. The current month includes the days recorded so far.

Why can the headline rent differ from the trend chart in Albuquerque, NM?
The average at the top of the page gives each matching apartment equal weight. The chart first averages recorded prices within each building, then compares buildings. It removes the highest and lowest groups when at least ten buildings contribute and omits days with fewer than five buildings. Different dates, building counts, and listing mixes can produce different figures. The monthly table averages the recorded daily figures.

Does my bedroom choice change the prices and answers?
Yes. Your chosen area and bedroom count filter the asking rents, listing counts, rent ranges, and answers on this page. The active community exclusions are Student housing and 55+ / senior community and Corporate housing and Military / active duty housing and Veteran housing. When you choose a bedroom count, the history chart uses recorded prices for matching apartments with a known identity. If those records are missing, we leave the chart empty rather than use prices for other bedroom types. Open an individual apartment to check its own price history.

Do these rents include utilities, parking, and other fees?
We use the published total monthly rent when it is available and the base rent otherwise. Unknown fees are not zero. Utilities, parking, pet charges, deposits, and one-time costs can add to the amount you pay. Check the selected unit and lease terms for a complete quote.

How should I compare free-rent offers with listed rent?
A free-rent offer can reduce the effective cost over a lease without changing the listed monthly rent. Compare the same lease length and move-in date, then include required charges and the offer conditions. The market averages do not assume an unconfirmed discount.

Does this page represent every rental in the market?
These figures describe the priced apartment listings we track, not every rental home or every occupied apartment. Coverage and the mix of bedrooms, buildings, and locations can change. A lower market average does not prove that the same apartment received a price cut.

How fresh are the Albuquerque, NM rent figures?
We schedule rent updates each day, but buildings can have different price-check dates. The latest accepted price check for these listings was November 8, 2026. The month label does not mean we checked every price today. Open the building or apartment details for its latest price and availability.

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

$356,000/year

Based on the 30 percent rule, using our tracked average rent of $8,912/mo.

Comfortable income

$428,000/year

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

To afford the cheapest tracked apartment ($640/mo), you need to earn at least $26,000/year.

Median household income in Albuquerque, NM is $65,604 , about 85% below the comfortable-living threshold.

Explore Albuquerque, NM Apartments

Browse all 153 communities with daily-updated pricing and availability.

Browse All Apartments Find Your Match

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) $8,912
Utilities $382
Groceries $526
Transportation $909
Healthcare $444
Other goods and services $710
Estimated total $11,882/mo

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

We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.

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

We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.

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

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