Albuquerque, NM Rent Trends

Rank #79, last updated March 12

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To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.

What is the average rent in Albuquerque?

The average rent of a studio apartment in Albuquerque, NM is $840. The average rent of a 1-bedroom in Albuquerque, NM is $900. The average rent of a 2-bedroom in Albuquerque, NM is $1,205. The average rent of a 3-bedroom in Albuquerque, NM is $2,038.

Studio

$840


1 bed

$900


2 beds

$1,205


3+ beds

$2,038

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

Rent Prices Over Time in Albuquerque

Apartment Rent Ranges in Albuquerque

The monthly rent for apartments in Albuquerque, NM ranges from $600 to $2,200+.

$600 - $1,000

$1,000 - $1,400

$1,400 - $1,800

$1,800 - $2,200

$2,200+

What is the average apartment size in Albuquerque?

The average size of a Albuquerque, NM apartment is 779 square feet, while the median apartment size for Albuquerque, NM is 700 square feet. However, square footage varies based on unit type. Most rentals in Albuquerque, NM (35.75%) are 1 bedroom apartments, while the fewest (10.06%) are studio apartments. Meanwhile, 2 bedroom apartments account for 29.24%, and 3+ bedroom apartments make up 24.95%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Albuquerque?

Studio1 bed2 beds3+ beds
La Mesa*$809$950*
Taylor Ranch*$1,275$1,705*

Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.

* Insufficient data to calculate value

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