Last updated
Average Rent in Rhodes Acres & Rent Trends
Rent prices and market trends across 22 apartment communities in Rhodes Acres, Albuquerque, NM. Updated daily.
Market Average
$1,461/mo
Lowest Available
$845/mo
cheapest unit on market
Communities
22
tracked daily
Units Listed
224
available now
Price Cuts This Week in Rhodes Acres
83 listed units across 8 buildings in Rhodes Acres dropped their asking rent in the past 7 days, an average cut of $54/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Norte Villas | Unit C03 | $1,399 | $1,199 | $200 |
| AYA ABQ | Unit 2 | $1,424 | $1,233 | $191 |
| Norte Villas | Unit G01 | $1,169 | $999 | $170 |
| AYA ABQ | Unit 12 | $1,647 | $1,496 | $151 |
| Norte Villas | Unit 250 | $1,199 | $1,049 | $150 |
| Norte Villas | Unit N06 | $1,149 | $999 | $150 |
| AYA ABQ | Unit 10, Santa Fe | $1,488 | $1,339 | $149 |
| Olympus Encantada | Unit 2122, C2A-sm | $2,244 | $2,113 | $131 |
Rhodes Acres vs Albuquerque, NM Average
Rhodes Acres is cheaper than the Albuquerque, NM average by $115/mo (7%). The citywide average is $1,576/mo across all neighborhoods.
Is Rent Going Up or Down in Rhodes Acres?
As of September 2026, the average rent in Rhodes Acres is $1,461 per month across 22 apartment communities and 224 available units.
The most affordable option is The Towers Apartments starting at $845/mo. By unit type, a studio averages $1,122/mo, a 1-bedroom averages $1,362/mo, a 2-bedroom averages $1,523/mo, a 3-bedroom averages $1,759/mo.
Prices range from $845 to $2,800 per month. The most common price point is the $1,200 range, where 63 units are currently listed.
Rhodes Acres Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $1,426 | - | 15 |
| June 2026 | $1,444 | +$18 | 19 |
| July 2026 | $1,415 | -$29 | 21 |
| August 2026 | $1,429 | +$14 | 21 |
| September 2026 | $1,416 | -$13 | 19 |
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 Rhodes Acres
Rent Prices by Apartment in Rhodes Acres
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Towers Apartments | $845/mo | $1,016/mo | 8 | 3.4 |
| Lincoln Place | $897/mo | $1,036/mo | 3 | 3.5 |
| Norte Villas | $899/mo | $1,322/mo | 30 | 2.8 |
| Tesota Morningside | $935/mo | $1,102/mo | 5 | 4.5 |
| Villas De La Terraza | $999/mo | $1,344/mo | 4 | 3.1 |
| Overture Albuquerque | $1,000/mo | $1,000/mo | 2 | 4.6 |
| Silverado | $1,010/mo | $1,143/mo | 2 | 4 |
Frequently Asked Questions About Rent in Rhodes Acres
What is the average rent in Rhodes Acres?
Is rent going up or down in Rhodes Acres?
What is the cheapest apartment in Rhodes Acres?
How much is a 1-bedroom apartment in Rhodes Acres?
How many apartments are available in Rhodes Acres?
What salary do I need to live comfortably in Rhodes Acres?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$58,000/year
Based on the 30 percent rule, using our tracked average rent of $1,461/mo.
Comfortable income
$70,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($845/mo), you need to earn at least $34,000/year.
Median household income in Rhodes Acres is $65,604 , about 6% below the comfortable-living threshold.
Cost of living in Rhodes Acres
Overall prices in Rhodes Acres 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 Rhodes Acres's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,461 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,431/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
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.
Google Search Trends for Rhodes Acres Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Rhodes Acres Apartments
Browse all 22 communities with daily-updated pricing and availability.