Last updated
Average Rent in Rhodes Acres & Rent Trends
Rent prices and market trends across 6 apartment communities in Rhodes Acres, Albuquerque, NM. Updated daily.
Market Average
$2,007/mo
▲ +5.2% from last month
Lowest Available
$1,395/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
20
available now
Price Cuts This Week in Rhodes Acres
6 listed units across 2 buildings offering 3 bed units in Rhodes Acres dropped their asking rent in the past 7 days, an average cut of $48/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Olympus Encantada | Unit 01053 | $1,928 | $1,872 | $56 |
| Olympus Encantada | Unit 2049 | $1,714 | $1,664 | $50 |
| Olympus Encantada | Unit 2053 | $1,974 | $1,927 | $47 |
| Olympus Encantada | Unit 2119 | $1,949 | $1,902 | $47 |
| Olympus Encantada | Unit 2120 | $1,974 | $1,927 | $47 |
| Indigo Park Apartment Homes | Unit 4 | $1,844 | $1,806 | $38 |
Rhodes Acres vs Albuquerque, NM Average
Rhodes Acres is more expensive than the Albuquerque, NM average by $487/mo (32%). The citywide average is $1,520/mo across all neighborhoods.
Is Rent Going Up or Down in Rhodes Acres?
As of August 2026, the average rent in Rhodes Acres is $2,007 per month across 6 apartment communities and 20 available units. Rents have increased $74 (5.2%) over the past month.
The most affordable option is The Towers Apartments starting at $1,395/mo. By unit type, a 3-bedroom averages $2,007/mo.
Prices range from $1,395 to $2,892 per month. The most common price point is the $1,600 range, where 4 units are currently listed.
Rhodes Acres Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| June 2026 | $1,424 | - | 6 |
| July 2026 | $1,448 | +$24 | 6 |
| August 2026 | $1,486 | +$38 | 6 |
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 Rhodes Acres
Rent Prices by Apartment in Rhodes Acres
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Towers Apartments | $1,395/mo | $1,395/mo | 1 | 3.4 |
| Chateau Apartments | $1,450/mo | $2,011/mo | 6 | 3.1 |
| Norte Villas | $1,675/mo | $1,715/mo | 3 | 2.8 |
| Casa Tierra | $1,781/mo | $1,834/mo | 4 | 3.8 |
| Indigo Park Apartment Homes | $1,806/mo | $1,806/mo | 1 | 3.8 |
| Olympus Encantada | $2,199/mo | $2,477/mo | 5 | 4.4 |
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 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
$80,000/year
Based on the 30 percent rule, using our tracked average rent of $2,007/mo.
Comfortable income
$96,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,395/mo), you need to earn at least $56,000/year.
Median household income in Rhodes Acres is $65,604 , about 32% 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) | $2,007 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,977/mo |
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.
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 6 communities with daily-updated pricing and availability.