Last updated on September 27, 2026

Average rent in
Albuquerque, NM

Median rent

Median rent in Albuquerque

$1,350/mo

increased by5%

vs previous year

The average rent in Albuquerque is $1,350 per month as of September 2026. This is 29% below the national average rent, or $550 less per month.

$1.34

average price per square foot

Total rentals

Available rentals in Albuquerque

744

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Albuquerque rentals at each price point

50%38%25%13%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Albuquerque, NM

Average rent prices in Albuquerque have remained the same over the last month and have increased by 5% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Albuquerque, NM

Rent prices in Albuquerque vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Albuquerque is $1,093, whereas a house costs $2,095. 1-bedroom apartments in Albuquerque run $978 on average, while 2-bedroom apartments are $1,195.

Listings

Studio

$804

No Change

8%

1 bedroom

$995

2%

12%

2 bedroom

$1,295

3%

7%

3 bedroom

$2,000

1%

3%

4 bedroom

$2,350

5%

3%

Studio

Average rent

$804

Last 30 days

No Change

Last year

8%

1 bedroom

Average rent

$995

Last 30 days

2%

Last year

12%

2 bedroom

Average rent

$1,295

Last 30 days

3%

Last year

7%

3 bedroom

Average rent

$2,000

Last 30 days

1%

Last year

3%

4 bedroom

Average rent

$2,350

Last 30 days

5%

Last year

3%

The table above reflects average rent prices in Albuquerque, NM, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Albuquerque, NM compare to other cities?

Compare median rent prices in Albuquerque and Bernalillo by all bedroom counts and property types.

Albuquerque

Median rent price$1,350
decreased by29%

lower than the national median

Median rent price$1,749
decreased by8%

lower than the national median

Takeaway

The median rent for all rentals in Albuquerque, NM is 23% lower than the median rent in Bernalillo, NM.

Cost of living in Albuquerque, NM

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services3% higher
Groceries2% lower
Health5% higher
Housing10% lower
Transportation7% lower
Utilities17% lower

Discover rentals in Albuquerque, NM

The Courtyards - Photo 1 of 1

2d ago

8.3

Very good

The Courtyards

6001 Topke Pl Ne, Albuquerque, NM 87109

1–3 beds

1–2 baths

$580–$970

110 Charleston St Se #3 - Photo 1 of 1

5d+ ago

Trumbull Village apartment for rent in Albuquerque

110 Charleston St Se #3, Albuquerque, NM 87108

1 bed

1 bath

$625

The Loop @ 950 - Photo 1 of 1

2h ago

9.9

Excellent

Our team has verified this company

Verified

The Loop @ 950

950 Louisiana Blvd Se, Albuquerque, NM 87108

Studio–3 beds

1 bath

$645–$1,395

Call

422 Texas St Ne - Photo 1 of 1

1d ago

La Mesa apartment for rent in Albuquerque

422 Texas St NE

422 Texas St Ne, Albuquerque, NM 87108

1 bed

1 bath

$650

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Albuquerque, NM

Quick answers to common questions about the Albuquerque rental market.

How much is rent in Albuquerque?

The average rent in Albuquerque is $1,350 per month as of September 26, 2026.

Is rent up or down in Albuquerque?

Average rent prices in Albuquerque have remained the same over the last month and have increased by 5% since last year.

How does Albuquerque rent compare to the national average?

Rent in Albuquerque is 29% below the national average, which means renters are paying approximately $550 less per month.

Which neighborhoods are most affordable in Albuquerque?

The most affordable neighborhoods in Albuquerque are Downtown Albuquerque ($910/mo), Trumbull Village ($925/mo), and La Mesa ($925/mo).

What salary do I need to afford rent in Albuquerque?

To comfortably afford rent in Albuquerque, you'd need to earn approximately $54,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Albuquerque?

May offers the lowest rents in Albuquerque with about 9% savings compared to February, the most expensive month. November and December are the least competitive months with lower demand.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Albuquerque