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Albuquerque, NM Rent Trends

Rank #71, last updated November 20

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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 $800. The average rent of a 1-bedroom in Albuquerque, NM is $1,024. The average rent of a 2-bedroom in Albuquerque, NM is $1,325. The average rent of a 3-bedroom in Albuquerque, NM is $2,000.

Studio

$800


1 bed

$1,024


2 beds

$1,325


3+ beds

$2,000

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 $500 to $2,100+.

$500 - $900

$900 - $1,300

$1,300 - $1,700

$1,700 - $2,100

$2,100+

What is the average apartment size in Albuquerque?

The average size of a Albuquerque, NM apartment is 856 square feet, while the median apartment size for Albuquerque, NM is 800 square feet. However, square footage varies based on unit type. Most rentals in Albuquerque, NM (37.5%) are 1 bedroom apartments, while the fewest (8.08%) are studio apartments. Meanwhile, 2 bedroom apartments account for 36.9%, and 3+ bedroom apartments make up 17.52%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Albuquerque?

Studio1 bed2 beds3+ beds
High Desert*$1,576$1,767$2,107
La Mesa*$773$950*
Taylor Ranch*$1,425$1,662$2,100

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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