Last updated June 22, 2026

Average Rent in Albuquerque, NM & Rent Trends

Rent prices and market trends across 40 apartment communities in Albuquerque, NM. Updated daily.

Area All Neighborhoods 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

$1,926/mo

▼ 7.8% from last month

Lowest Available

$1,229/mo

cheapest unit on market

Communities

tracked daily

Units Listed

112

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
Alameda	$1,876	$1,065	4	68
Paradise Hills Civic	$1,671	$1,054	14	259
Elena Gallegos Grant	$1,628	$925	14	129
Taylor Ranch	$1,620	$1,008	13	89
Vista Encantada	$1,583	$750	8	68
Rhodes Acres	$1,490	$806	23	225
Broadway Central Corridor Partnership	$1,379	$756	7	47
South San Pedro	$1,353	$806	10	58
Linda Vista	$1,299	$725	8	61
Yale Village	$1,282	$724	4	27
Sunset Ranch	$1,241	$893	3	58
Eastridge	$1,221	$990	5	46
Sawmill Area	$1,212	$625	6	85
Echo Canyon Estates	$1,052	$765	5	32

Is Rent Going Up or Down in Albuquerque, NM?

As of June 2026, the average rent in Albuquerque, NM is $1,926 per month across 40 apartment communities and 112 available units. Rents have decreased $134 (7.8%) over the past month.

The most affordable option is Villa Hermosa starting at $1,229/mo. By unit type, a 3-bedroom averages $1,926/mo.

Prices range from $1,229 to $3,195 per month. The most common price point is the $1,400 range, where 28 units are currently listed.

Albuquerque, NM Rent Price History

Window

Rent Price Distribution

Rent by Bedroom Type in Albuquerque, NM

3 Bed

$1,926

from $1,229 · 112 units

Rent Prices by Apartment in Albuquerque, NM

Property	Starting at	Average	Units	Rating
Villa Hermosa	$1,229/mo	$1,229/mo	1	3.2
The Ridge	$1,405/mo	$1,410/mo	2	3.1
Villa Esperanza	$1,420/mo	$1,420/mo	1	2.1
Tierra Pointe	$1,424/mo	$1,483/mo	6	3.8
Cañon de Arrowhead	$1,449/mo	$1,474/mo	2	3
Chateau Apartments	$1,450/mo	$1,689/mo	5	3.1
Crescent Ridge Apartment Homes	$1,450/mo	$1,450/mo	1	3.4
Arroyo Villas	$1,475/mo	$1,475/mo	3	3.7
Valley Apartments	$1,496/mo	$1,607/mo	2	3.3
Rio Volcan Apartments	$1,499/mo	$1,499/mo	1	2.6
The Aspens Apartments	$1,595/mo	$1,666/mo	14	2.8
Desert Creek Apartments	$1,610/mo	$1,610/mo	1	3.3
Norte Villas	$1,610/mo	$1,655/mo	2	2.8
Diamond Mesa	$1,668/mo	$2,087/mo	5	3.5
Odyssey Apartments	$1,743/mo	$1,790/mo	4	3.6
The Artisan at Sawmill Village Apartment	$1,750/mo	$1,750/mo	1	3.2
Del Rio Apartments	$1,795/mo	$1,795/mo	1	3.7
La Mirage Apartment Homes	$1,829/mo	$1,892/mo	2	3.6
Villas De La Terraza	$1,840/mo	$1,840/mo	1	3.1
Indigo Park Apartment Homes	$1,851/mo	$1,851/mo	1	3.8
The Resort at Sandia Village	$1,880/mo	$1,946/mo	4	4.3
Eagle Ranch Apartments	$1,899/mo	$1,899/mo	1	3.6
Elevated Management Group	$1,925/mo	$2,472/mo	3	3.4
La Paloma Apartments	$1,925/mo	$2,025/mo	3	4
Cottonwood Ranch Apartments	$1,925/mo	$1,925/mo	1	2.7
Solaire Apartments	$1,934/mo	$1,960/mo	2	4.1
Altezza High Desert Apartments	$1,945/mo	$2,177/mo	13	3.2
Cantata at the Trails	$2,045/mo	$2,101/mo	3	4.5
Arterra	$2,060/mo	$2,095/mo	3	3.2
Broadstone Towne Center	$2,070/mo	$2,070/mo	1	3.8
La Ventana Apartments	$2,072/mo	$2,073/mo	2	4.3
Broadstone Heights	$2,114/mo	$2,114/mo	1	3.9
The Dillon Apartments	$2,145/mo	$2,169/mo	6	4.6
Allegro at Tanoan Apartments	$2,162/mo	$2,162/mo	1	3.8
Las Mananitas Luxury Apartments	$2,210/mo	$2,210/mo	1	3
The Enclave Apartments	$2,315/mo	$2,315/mo	1	3.5
Olympus Alameda	$2,359/mo	$2,379/mo	2	4.5
Olympus Encantada	$2,381/mo	$2,381/mo	1	4.4
Andalucia Villas	$2,390/mo	$2,458/mo	6	3.9
Pavilions Apartments	$2,622/mo	$2,622/mo	1	4.1

Google Search Trends for Albuquerque, NM Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Explore more on Google Trends

Frequently Asked Questions About Rent in Albuquerque, NM

What is the average rent in Albuquerque, NM?

The average rent in Albuquerque, NM is $1,926 per month as of June 2026, based on 112 units across 40 apartment communities.

Is rent going up or down in Albuquerque, NM?

Rent in Albuquerque, NM has decreased $134 (7.8%) over the past month. The current average is $1,926/mo.

What is the cheapest apartment in Albuquerque, NM?

The most affordable apartment in Albuquerque, NM is Villa Hermosa with units starting at $1,229/mo.

How many apartments are available in Albuquerque, NM?

There are 112 units available across 40 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

$77,000/year

Based on the 30 percent rule, using our tracked average rent of $1,926/mo.

Comfortable income

$92,000/year

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

To afford the cheapest tracked apartment ($1,229/mo), you need to earn at least $49,000/year.

Median household income in Albuquerque, NM is $65,604 , about 29% 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)	$1,926	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	$4,896/mo	$58,758/year

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.

New Mexico Rent Trends

Compare rent across all New Mexico cities

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