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
$1,340/mo
▲ +39.1% from last month
Lowest Available
$899/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
7
available now
Rhodes Acres vs Albuquerque, NM Average
Rhodes Acres is cheaper the Albuquerque, NM average by $230/mo (15%). The citywide average is $1,570/mo across all neighborhoods.
Is Rent Going Up or Down in Rhodes Acres?
As of May 2026, the average rent in Rhodes Acres is $1,340 per month across 6 apartment communities and 7 available units. Rents have increased $395 (39.1%) over the past month.
The most affordable option is Lincoln Place starting at $899/mo. By unit type, a studio averages $1,340/mo.
Prices range from $899 to $2,399 per month. The most common price point is the $800 range, where 3 units are currently listed.
Rhodes Acres Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Rhodes Acres
Rent Prices by Apartment in Rhodes Acres
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Lincoln Place | $899/mo | $899/mo | 1 | 3.5 |
| Academy Square Apartments | $910/mo | $910/mo | 1 | 2.9 |
| Villas De La Terraza | $999/mo | $999/mo | 1 | 3.1 |
| Telegraph Hill Apartments | $1,179/mo | $1,179/mo | 1 | 3.1 |
| Allaso Journal Center | $1,483/mo | $1,496/mo | 2 | 2.8 |
| The Towers Apartments | $2,399/mo | $2,399/mo | 1 | 3.4 |
Google Search Trends for Rhodes Acres Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
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
$54,000/year
30 percent rule -- using our average rent of $1,340/mo.
Comfortable income
$64,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($899/mo), you need to earn at least $36,000/year.
Median household income in Rhodes Acres is $65,604 , about 2% above 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) | $1,340 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,310/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.
Explore Rhodes Acres Apartments
Browse all 6 communities with daily-updated pricing and availability.