Last updated July 6, 2026

Average Rent in Albuquerque, NM & Rent Trends

Rent prices and market trends across 48 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

$1,978/mo

▼ 5.9% from last month

Lowest Available

$1,120/mo

cheapest unit on market

Communities

tracked daily

Units Listed

135

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
Albuquerque 87122	$1,924	$1,355	4	65
Alameda	$1,911	$1,061	5	84
Paradise Hills Civic	$1,702	$1,054	15	274
Taylor Ranch	$1,688	$1,008	12	88
South San Pedro	$1,499	$880	10	56
Elena Gallegos Grant	$1,499	$618	22	263
Vista Encantada	$1,498	$750	9	94
Rhodes Acres	$1,470	$899	19	168
Yale Village	$1,437	$724	6	27
Linda Vista	$1,275	$725	8	51
Broadway Central Corridor Partnership	$1,259	$756	7	45
Sunset Ranch	$1,246	$895	3	40
Sawmill Area	$1,201	$750	7	89
Eastridge	$1,200	$990	5	38
Echo Canyon Estates	$1,193	$618	8	77

Is Rent Going Up or Down in Albuquerque, NM?

As of July 2026, the average rent in Albuquerque, NM is $1,978 per month across 48 apartment communities and 135 available units. Rents have decreased $106 (5.9%) over the past month.

The most affordable option is Manzano Vista apartments starting at $1,120/mo. By unit type, a 3-bedroom averages $1,978/mo.

Prices range from $1,120 to $2,799 per month. The most common price point is the $1,800 range, where 29 units are currently listed.

Albuquerque, NM Rent Price History

Window

Rent Price Distribution

Rent by Bedroom Type in Albuquerque, NM

3 Bed

$1,978

from $1,120 · 135 units

Rent Prices by Apartment in Albuquerque, NM

Property	Starting at	Average	Units	Rating
Manzano Vista apartments	$1,120/mo	$1,120/mo	2	3
The Valencia Apartments	$1,395/mo	$1,395/mo	1	3.4
The Ridge	$1,395/mo	$1,412/mo	5	3.1
Villa Esperanza	$1,420/mo	$1,420/mo	1	2.1
Cañon de Arrowhead	$1,449/mo	$1,474/mo	2	3
Chateau Apartments	$1,450/mo	$1,832/mo	6	3.1
Crescent Ridge Apartment Homes	$1,450/mo	$1,450/mo	1	3.4
Norte Villas	$1,460/mo	$1,630/mo	3	2.8
Villa Hermosa	$1,470/mo	$1,470/mo	1	3.2
Arroyo Villas	$1,475/mo	$1,475/mo	3	3.7
Valley Apartments	$1,498/mo	$1,498/mo	1	3.3
Rio Volcan Apartments	$1,499/mo	$1,499/mo	1	2.6
Elevated Management Group	$1,600/mo	$1,963/mo	3	3.4
Tierra Pointe	$1,601/mo	$1,616/mo	2	3.8
Desert Creek Apartments	$1,610/mo	$1,610/mo	1	3.3
Diamond Mesa	$1,666/mo	$1,990/mo	4	3.5
PURE Property Management of New Mexico	$1,675/mo	$2,046/mo	7	4.3
The Aspens Apartments	$1,685/mo	$1,784/mo	15	2.8
Odyssey Apartments	$1,743/mo	$1,798/mo	3	3.6
The Artisan at Sawmill Village Apartment	$1,750/mo	$1,750/mo	1	3.2
OTTAVO Apartments	$1,802/mo	$1,876/mo	3	4.2
La Mirage Apartment Homes	$1,829/mo	$1,829/mo	1	3.6
Villas De La Terraza	$1,840/mo	$1,840/mo	1	3.1
Sierra Meadows	$1,891/mo	$1,911/mo	2	4.2
Indigo Park Apartment Homes	$1,896/mo	$1,896/mo	1	3.8
Eagle Ranch Apartments	$1,899/mo	$1,899/mo	1	3.6
La Paloma Apartments	$1,925/mo	$2,025/mo	3	4
Cottonwood Ranch Apartments	$1,925/mo	$1,925/mo	1	2.7
Circ Apartments	$1,930/mo	$2,002/mo	3	3.9
Solaire Apartments	$1,968/mo	$1,968/mo	1	4.1
Altezza High Desert Apartments	$1,975/mo	$2,213/mo	14	3.2
Casa Tierra	$1,981/mo	$1,981/mo	1	3.8
Broadstone Heights	$1,999/mo	$1,999/mo	1	3.9
Arterra	$2,050/mo	$2,098/mo	2	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
The Resort at Sandia Village	$2,100/mo	$2,100/mo	4	4.3
Cantata at the Trails	$2,188/mo	$2,188/mo	1	4.5
AIM Properties	$2,200/mo	$2,273/mo	2	3.8
Allaso High Desert	$2,240/mo	$2,345/mo	8	4
Las Mananitas Luxury Apartments	$2,240/mo	$2,250/mo	2	3
Allegro at Tanoan Apartments	$2,286/mo	$2,286/mo	1	3.8
The Enclave Apartments	$2,315/mo	$2,315/mo	1	3.5
Olympus Alameda	$2,359/mo	$2,407/mo	2	4.5
Olympus Encantada	$2,385/mo	$2,385/mo	1	4.4
The Dillon Apartments	$2,430/mo	$2,515/mo	4	4.6
Andalucia Villas	$2,439/mo	$2,504/mo	7	3.9
Quincy	$2,799/mo	$2,799/mo	1	3.5

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 $1,978 per month as of July 2026, based on 135 units across 48 apartment communities.

Is rent going up or down in Albuquerque, NM?

Rent in Albuquerque, NM has decreased $106 (5.9%) over the past month. The current average is $1,978/mo.

What is the cheapest apartment in Albuquerque, NM?

The most affordable apartment in Albuquerque, NM is Manzano Vista apartments with units starting at $1,120/mo.

How many apartments are available in Albuquerque, NM?

There are 135 units available across 48 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 $1,978/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 ($1,120/mo), you need to earn at least $45,000/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)	$1,978	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	$4,948/mo	$59,382/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