Albuquerque, NM Rent Trends

Rank #78, last updated August 13

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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 $809. The average rent of a 1-bedroom in Albuquerque, NM is $908. The average rent of a 2-bedroom in Albuquerque, NM is $1,200. The average rent of a 3-bedroom in Albuquerque, NM is $2,100.

Studio

$809


1 bed

$908


2 beds

$1,200


3+ beds

$2,100

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

Jul 27 2024Sep 10 2024Oct 26 2024Dec 11 2024Jan 26 2025Mar 13 2025Apr 28 2025Jun 12 2025Aug 13 2025$660$960$1,260$1,800
  • Albuquerque
  • National

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 889 square feet, while the median apartment size for Albuquerque, NM is 780 square feet. However, square footage varies based on unit type. Most rentals in Albuquerque, NM (33.4%) are 1 bedroom apartments, while the fewest (10.66%) are studio apartments. Meanwhile, 2 bedroom apartments account for 30.12%, and 3+ bedroom apartments make up 25.82%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Albuquerque?

Studio1 bed2 beds3+ beds
Taylor Ranch*$1,283$1,909$1,895

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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