Last updated August 24, 2026

Average Rent in Albuquerque, NM & Rent Trends

Rent prices and market trends across 37 apartment communities in Albuquerque, NM. Updated daily.

Area All Areas 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

$1,980/mo

▲ +4% from last month

Lowest Available

$1,235/mo

cheapest unit on market

Communities

tracked daily

Units Listed

128

available now

Price Cuts This Week in Albuquerque, NM

95 listed units across 20 buildings offering 3 bed units in Albuquerque, NM dropped their asking rent in the past 7 days, an average cut of $59/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment	Unit	Last Week	Now	Cut
Cantata at the Trails	Unit 3	$2,323	$1,863	$460
AIM Properties	Unit 11	$2,500	$2,050	$450
Cantata at the Trails	Unit 4	$2,241	$1,798	$443
Desert Creek Apartments	Unit 4, The Arabian	$1,826	$1,498	$328
Odyssey Apartments	Unit 21	$1,659	$1,529	$130
Arterra	Unit 8, Palazzo	$2,195	$2,065	$130
Altezza High Desert Apartments	Unit 18, Sirino	$2,490	$2,375	$115
Altezza High Desert Apartments	Unit 23, Togano	$1,675	$1,560	$115

See today's prices on all 128 listed units

Rent by Neighborhood in Albuquerque, NM

Compare average rent across Albuquerque, NM neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Alameda	$1,887	▲ $67	$1,061	5	62
Paradise Hills Civic	$1,664	▼ $21	$1,154	15	261
Taylor Ranch	$1,624	▼ $33	$1,000	13	94
Rhodes Acres	$1,568	$0	$845	25	243
South San Pedro	$1,524	▼ $9	$799	7	32
Elena Gallegos Grant	$1,496	▼ $39	$946	20	150
Yale Village	$1,443	▼ $207	$724	5	23
Linda Vista	$1,373	▲ $73	$713	8	55
Vista Encantada	$1,335	▲ $7	$750	10	101
Sunset Ranch	$1,289	▼ $45	$841	3	41
Sawmill Area	$1,262	▼ $8	$940	3	57
Broadway Central Corridor Partnership	$1,236	▼ $19	$811	7	38
Eastridge	$1,183	▼ $26	$965	6	26
Echo Canyon Estates	$1,089	▼ $40	$711	6	50

Is Rent Going Up or Down in Albuquerque, NM?

As of August 2026, the average rent in Albuquerque, NM is $1,980 per month across 37 apartment communities and 128 available units. Rents have increased $65 (4%) over the past month.

The most affordable option is The Ridge starting at $1,235/mo. By unit type, a 3-bedroom averages $1,980/mo.

Prices range from $1,235 to $2,892 per month. The most common price point is the $2,000 range, where 27 units are currently listed.

Albuquerque, NM Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
May 2026	$1,589	-	20
June 2026	$1,607	+$18	37
July 2026	$1,625	+$18	42
August 2026	$1,616	-$9	37

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 Albuquerque, NM

3 Bed

$1,980

from $1,235 · 128 units

Rent Prices by Apartment in Albuquerque, NM

Property	Starting at	Average	Units	Rating
The Ridge	$1,235/mo	$1,391/mo	5	3.1
The Towers Apartments	$1,395/mo	$1,395/mo	1	3.4
Arroyo Villas	$1,395/mo	$1,395/mo	5	3.7
Villa Esperanza	$1,420/mo	$1,420/mo	1	2.1
Crescent Ridge Apartment Homes	$1,421/mo	$1,421/mo	1	3.4
Chateau Apartments	$1,450/mo	$2,011/mo	6	3.1
Villa Hermosa	$1,473/mo	$1,473/mo	1	3.2
Desert Creek Apartments	$1,498/mo	$1,528/mo	2	3.3
Rio Volcan Apartments	$1,499/mo	$1,499/mo	1	2.6
Norte Villas	$1,675/mo	$1,715/mo	3	2.8
The Aspens Apartments	$1,685/mo	$1,713/mo	12	2.8
Diamond Mesa	$1,694/mo	$2,056/mo	5	3.5
Odyssey Apartments	$1,695/mo	$1,724/mo	4	3.6
Sedona Ridge	$1,720/mo	$1,720/mo	1	3.8
Taylor Ranch Apartments	$1,735/mo	$1,763/mo	5	3.1
Casa Tierra	$1,781/mo	$1,834/mo	4	3.8
Valley Apartments	$1,791/mo	$1,913/mo	3	3.3
Cottonwood Ranch Apartments	$1,805/mo	$1,853/mo	3	2.7
Indigo Park Apartment Homes	$1,806/mo	$1,806/mo	1	3.8
La Paloma Apartments	$1,825/mo	$1,868/mo	4	4
La Mirage Apartment Homes	$1,924/mo	$1,975/mo	2	3.6
The Resort at Sandia Village	$1,925/mo	$2,036/mo	7	4.3
La Ventana Apartments	$1,955/mo	$2,015/mo	2	4.3
AIM Properties	$1,995/mo	$2,139/mo	5	3.8
Altezza High Desert Apartments	$2,000/mo	$2,168/mo	9	3.2
Broadstone Towne Center	$2,035/mo	$2,035/mo	1	3.8
Arterra	$2,065/mo	$2,109/mo	4	3.2
Allegro at Tanoan Apartments	$2,078/mo	$2,078/mo	1	3.8
Las Mananitas Luxury Apartments	$2,120/mo	$2,120/mo	1	3
Olympus Encantada	$2,199/mo	$2,477/mo	5	4.4
Solaire Apartments	$2,199/mo	$2,199/mo	1	4.1
Cantata at the Trails	$2,203/mo	$2,248/mo	2	4.5
SkyStone Apartments	$2,302/mo	$2,317/mo	2	3.7
The Enclave Apartments	$2,315/mo	$2,315/mo	1	3.5
Olympus Alameda	$2,353/mo	$2,446/mo	3	4.5
The Dillon Apartments	$2,430/mo	$2,538/mo	6	4.6
Andalucia Villas	$2,452/mo	$2,520/mo	8	3.9

Frequently Asked Questions About Rent in Albuquerque, NM

What is the average rent in Albuquerque, NM?

The average rent in Albuquerque, NM is $1,980 per month as of August 2026, based on 128 units across 37 apartment communities.

Is rent going up or down in Albuquerque, NM?

Rent in Albuquerque, NM has increased $65 (4%) over the past month. The current average is $1,980/mo.

What is the cheapest apartment in Albuquerque, NM?

The most affordable apartment in Albuquerque, NM is The Ridge with units starting at $1,235/mo.

How many apartments are available in Albuquerque, NM?

There are 128 units available across 37 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

$79,000/year

Based on the 30 percent rule, using our tracked average rent of $1,980/mo.

Comfortable income

$95,000/year

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

To afford the cheapest tracked apartment ($1,235/mo), you need to earn at least $49,000/year.

Median household income in Albuquerque, NM is $65,604 , about 31% 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)	$1,980	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	$4,950/mo	$59,406/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

Albuquerque, NM Neighborhood Rent Map

See rent history by neighborhood on a map

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