Last updated May 22, 2026

Average Rent in Albuquerque, NM & Rent Trends

Rent prices and market trends across 61 apartment communities in Albuquerque, NM. Updated daily.

Area All Neighborhoods Alameda Albuquerque 87122 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

$1,663/mo

▼ 2.6% from last month

Lowest Available

$709/mo

cheapest unit on market

Communities

tracked daily

Units Listed

355

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	$1,901	$1,061	4	67
Albuquerque 87122	$1,886	$1,460	3	32
South San Pedro	$1,885	$709	4	16
Elena Gallegos Grant	$1,815	$1,075	7	55
Paradise Hills Civic	$1,740	$1,239	6	182
Yale Village	$1,631	$900	5	14
Taylor Ranch	$1,603	$968	7	50
Rhodes Acres	$1,538	$899	15	161
Vista Encantada	$1,439	$1,199	1	20
Sawmill Area	$1,271	$784	6	51
Eastridge	$1,196	$980	2	26
Linda Vista	$1,162	$731	6	45
Broadway Central Corridor Partnership	$1,098	$789	2	10
Sunset Ranch	$1,036	$823	1	53
Echo Canyon Estates	$948	$825	1	2

Is Rent Going Up or Down in Albuquerque, NM?

As of May 2026, the average rent in Albuquerque, NM is $1,663 per month across 61 apartment communities and 355 available units. Rents have decreased $43 (2.6%) over the past month.

The most affordable option is The Valencia Apartments starting at $709/mo. By unit type, a 2-bedroom averages $1,663/mo.

Prices range from $709 to $3,060 per month. The most common price point is the $1,800 range, where 94 units are currently listed.

Albuquerque, NM Rent Price History

Rent Price Distribution

Rent by Bedroom Type in Albuquerque, NM

2 Bed

$1,663

from $709 · 355 units

Rent Prices by Apartment in Albuquerque, NM

Property	Starting at	Average	Units	Rating
The Valencia Apartments	$709/mo	$709/mo	1	3.4
Tierra Pointe	$922/mo	$984/mo	23	3.8
Union 505 Apartments	$944/mo	$1,254/mo	3	2.6
Whispering Sands	$1,070/mo	$1,070/mo	1	3.8
The Cedars Apartments	$1,094/mo	$1,140/mo	2	3.5
Lincoln Place	$1,099/mo	$1,099/mo	2	3.5
The Towers Apartments	$1,099/mo	$1,099/mo	2	3.4
Comanche Wells	$1,099/mo	$1,155/mo	4	3.1
Villa Hermosa	$1,112/mo	$1,147/mo	4	3.2
The Beach	$1,150/mo	$1,150/mo	13	3.5
Valley Apartments	$1,165/mo	$1,206/mo	15	3.3
Aydan	$1,170/mo	$1,239/mo	2	2.5
Mesa Ridge Apartments	$1,199/mo	$1,272/mo	6	3.6
Marquee Village Apartments	$1,199/mo	$1,200/mo	2	2.5
Mission Hill Apartment Homes	$1,205/mo	$1,258/mo	5	3.5
Woodberry Heights	$1,220/mo	$1,220/mo	1	3.6
Villa Esperanza	$1,234/mo	$1,234/mo	1	2.1
The Reserve	$1,266/mo	$1,315/mo	8	3
Desert Willow Apartments	$1,270/mo	$1,270/mo	1	2.7
Peaks at Los Ranchos	$1,299/mo	$1,416/mo	3	3.3
Peaks at Sandia View	$1,299/mo	$1,299/mo	1	3.1
Casa Tierra	$1,314/mo	$1,414/mo	5	3.8
The Lakes Apartments	$1,320/mo	$1,336/mo	4	3.7
Indigo Park Apartment Homes	$1,320/mo	$1,320/mo	1	3.8
AYA ABQ	$1,334/mo	$1,454/mo	19	3.4
Del Rio Apartments	$1,345/mo	$1,427/mo	2	3.7
Desert Creek Apartments	$1,380/mo	$1,563/mo	2	3.3
Mountain Run Apartments	$1,399/mo	$1,562/mo	2	3.6
Lifestyle at Renaissance	$1,410/mo	$1,410/mo	1	4
Odyssey Apartments	$1,412/mo	$1,624/mo	4	3.6
Solaire Apartments	$1,425/mo	$1,701/mo	6	4.1
Taylor Ranch Apartments	$1,449/mo	$1,502/mo	3	3.1
La Mirage Apartment Homes	$1,464/mo	$1,552/mo	3	3.6
Las Kivas Apartments	$1,495/mo	$1,517/mo	2	4.4
River Walk at Puerta De Corrales Apartment Homes	$1,505/mo	$1,576/mo	4	3.7
Eagle Ranch Apartments	$1,549/mo	$1,593/mo	2	3.6
Telegraph Hill Apartments	$1,585/mo	$1,629/mo	4	3.1
Vista Del Sol Apartments	$1,590/mo	$1,590/mo	1	3.9
Altezza High Desert Apartments	$1,600/mo	$1,809/mo	14	3.2
Arterra	$1,640/mo	$1,703/mo	4	3.2
Olympus Encantada	$1,678/mo	$1,858/mo	27	4.4
The Resort at Sandia Village	$1,709/mo	$1,748/mo	7	4.3
Glo	$1,755/mo	$1,785/mo	5	4.2
Broadstone Heights	$1,794/mo	$1,901/mo	3	3.9
Poblana Place Apartments	$1,795/mo	$1,795/mo	3	4.3
La Ventana Apartments	$1,799/mo	$1,905/mo	3	4.3
Broadstone Towne Center	$1,810/mo	$1,918/mo	4	3.8
Olympus Alameda	$1,828/mo	$2,006/mo	14	4.5
Bricklight Courtyard	$1,850/mo	$1,850/mo	1	4.5
The Dillon Apartments	$1,900/mo	$1,946/mo	57	4.6
Allaso Journal Center	$2,008/mo	$2,099/mo	7	2.8
Allaso Vineyards	$2,018/mo	$2,143/mo	9	4
Olympus Northpoint	$2,039/mo	$2,189/mo	7	4.8
Olympus Latitude	$2,090/mo	$2,168/mo	4	4.9
Huning Castle Luxury Apartments	$2,095/mo	$2,328/mo	3	3.9
Pavilions Apartments	$2,129/mo	$2,129/mo	1	4.1
Andalucia Villas	$2,255/mo	$2,335/mo	9	3.9
Olympus Highlands North	$2,293/mo	$2,318/mo	2	4.7
Broadstone Nob Hill	$2,298/mo	$2,355/mo	4	4.1
Platinum Luxury Apartments	$2,349/mo	$2,349/mo	1	4.3
Overture Albuquerque	$3,060/mo	$3,060/mo	1	4.6

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 $1,663 per month as of May 2026, based on 355 units across 61 apartment communities.

Is rent going up or down in Albuquerque, NM?

Rent in Albuquerque, NM has decreased $43 (2.6%) over the past month. The current average is $1,663/mo.

What is the cheapest apartment in Albuquerque, NM?

The most affordable apartment in Albuquerque, NM is The Valencia Apartments with units starting at $709/mo.

How many apartments are available in Albuquerque, NM?

There are 355 units available across 61 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

$67,000/year

30 percent rule -- using our average rent of $1,663/mo.

Comfortable income

$80,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($709/mo), you need to earn at least $28,000/year.

Median household income in Albuquerque, NM is $65,604 , about 18% 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)	$1,663	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	$4,633/mo	$55,602/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