Bedroom count
Property type
Last updated on June 29, 2026
Last updated on June 29, 2026
Bedroom count
Property type
Albuquerque, NM rent rose 2.6% year over year, with a current median of $1,282/month. Renters today are paying $52 more per month on average than last year despite a 2.3% month-over-month decline in June 2026.
Albuquerque sits 34.3% more affordable than the $1,950/month national median, offering a lower-cost option for renters with 683 total rentals available across the city.
Studios in Albuquerque rent for $800/month, 1-bedrooms for $975/month, and 2-bedrooms for $1,285/month, with 3-bedrooms and larger units reaching $2,075 and $2,525/month respectively. Houses rent at a median of $2,150/month while apartments are lower at $1,076/month.
West Old Town rents fell 76.1% year over year to $1,316/month, with Arroyo Del Oso North and Del Rey also seeing declines of 72.2% and 68.6%. These steep drops contrast with the citywide rise of 2.6%, showing localized market shifts.
Median rent in Albuquerque
$1,282/mo
vs previous year
The average rent in Albuquerque is $1,282 per month as of June 2026. This is 34% below the national average rent, or $668 less per month.
average price per square foot
Available rentals in Albuquerque
683
for rent on Zumper.com as of June 2026
Share of Albuquerque rentals at each price point
Average rent prices in Albuquerque have decreased by 2% over the last month and have increased by 3% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Albuquerque vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Albuquerque is $1,076, whereas a house costs $2,150. 1-bedroom apartments in Albuquerque run $975 on average, while 2-bedroom apartments are $1,199.
Listings | ||||
|---|---|---|---|---|
Studio | $800 | 2% | 4% | |
1 bedroom | $975 | 2% | 5% | |
2 bedroom | $1,285 | 1% | 6% | |
3 bedroom | $2,075 | 1% | 4% | |
4 bedroom | $2,525 | 1% | 1% |
Listings | ||
|---|---|---|
Barelas | $1,150 | |
Hodgin | $1,154 | |
La Mesa | $900 | |
Nob Hill | $1,345 | |
Silver Hill | $1,085 | |
South San Pedro | $935 | |
Taylor Ranch | $1,509 | |
Trumbull Village | $860 | |
University Heights | $1,285 | |
Victory Hills | $1,014 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,076 | 1% | No Change | |
Condos | $1,450 | 5% | No Change | |
Houses | $2,150 | 1% | No Change | |
Rooms | $850 | 5% | - |
Studio
Average rent
$800
Last 30 days
2%
Last year
4%
1 bedroom
Average rent
$975
Last 30 days
2%
Last year
5%
2 bedroom
Average rent
$1,285
Last 30 days
1%
Last year
6%
3 bedroom
Average rent
$2,075
Last 30 days
1%
Last year
4%
4 bedroom
Average rent
$2,525
Last 30 days
1%
Last year
1%
South San Pedro
Average rent
$935
Trumbull Village
Average rent
$860
Hodgin
Average rent
$1,154
Silver Hill
Average rent
$1,085
Nob Hill
Average rent
$1,345
La Mesa
Average rent
$900
University Heights
Average rent
$1,285
Barelas
Average rent
$1,150
Taylor Ranch
Average rent
$1,509
Victory Hills
Average rent
$1,014
Apartments
Average rent
$1,076
Last 30 days
1%
Condos
Average rent
$1,450
Last 30 days
5%
Houses
Average rent
$2,150
Last 30 days
1%
Rooms
Average rent
$850
Last 30 days
5%
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.
Compare median rent prices in Albuquerque and Bernalillo by all bedroom counts and property types.
Albuquerque
lower than the national median
higher than the national median
Takeaway
The median rent for all rentals in Albuquerque, NM is 36% lower than the median rent in Bernalillo, NM.
Explore rent trends in neighboring markets
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 & Services | 3% higher |
| Groceries | 2% lower |
| Health | 7% higher |
| Housing | 10% lower |
| Transportation | 7% lower |
| Utilities | 16% lower |
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Quick answers to common questions about the Albuquerque rental market.
The average rent in Albuquerque is $1,282 per month as of June 27, 2026.
Average rent prices in Albuquerque have decreased by 2% over the last month and have increased by 3% since last year.
Rent in Albuquerque is 34% below the national average, which means renters are paying approximately $668 less per month.
The most affordable neighborhoods in Albuquerque are Trumbull Village ($860/mo), La Mesa ($900/mo), and South San Pedro ($935/mo).
To comfortably afford rent in Albuquerque, you'd need to earn approximately $51,000/year, based on spending no more than 30% of your income on rent.
Albuquerque's rental market in 2025 shows one-bedroom apartments averaging around $980 per month, while two-bedroom units average around $1,300 monthly. These figures reflect the current pricing across New Mexico's largest city, with two-bedroom apartments representing the most common rental type at 34% of available inventory.
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).