Apartments for Rent in Nob Hill, Albuquerque, NM

Nob Hill, Albuquerque apartment availability

Nob Hill's rental market offers a good selection of listings, with an average of 28 rentals available each month. The neighborhood's inventory is diverse, featuring a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these rentals are pet-friendly, with 45% allowing pets with some restrictions. This makes Nob Hill a great option for renters with furry friends. With its eclectic mix of apartments and welcoming attitude towards pets, Nob Hill is a neighborhood worth considering for those looking for a unique rental experience in Albuquerque.

Nob Hill, Albuquerque rental market trends

Nob Hill's rental market saw a modest 2.2% increase in average monthly rent last year, reaching $1,427. The average rent for 1-bedrooms decreased by 17.8% to $1,037, while 2-bedrooms saw a 10% decrease to $1,934. Studios averaged $876, a 7.8% decrease from the previous year.

The rental market in Nob Hill experiences significant fluctuations throughout the year. February typically sees the highest rent, with a 30.4% increase compared to September, the month with the lowest rent. This substantial difference in rent prices suggests that renters may find more affordable options in the fall. In contrast, the winter months, particularly February, tend to have higher demand and prices. Understanding these seasonal trends can help renters navigate the market and find the best time to secure a new apartment.

Why Nob Hill, Albuquerque is a great place to live

Nob Hill stands out as a neighborhood that seamlessly aligns with the lifestyles and interests of its residents, particularly those who value a vibrant social life and pet friendliness.

For pet owners, Nob Hill offers a considerate environment with amenities such as pet waste stations, dedicated pet spaces in homes, pet-safe windows, and access to pet grooming services. The area also hosts pet events, has no breed restrictions, and is close to dog parks, making it an ideal location for those whose pets are part of the family.

Simultaneously, Nob Hill supports an active social lifestyle with its array of restaurants, well-developed street infrastructure, frequent transit options, high walk score, and emphasis on safety. These features make it easy for residents to explore, dine out, and connect with the community, underscoring Nob Hill's appeal for those seeking a dynamic and sociable living experience.