Last updated on August 13, 2026

Average rent in
Albuquerque, NM

Key takeaways for renters

  • Where Albuquerque rent stands today

    Albuquerque, NM rent is essentially flat year over year, with a current median of $1,256/month. Renters are paying $40 more per month on average than last year, while month-to-month rent increased 3.2%, showing recent upward movement in the market.

  • Albuquerque sits 34.8% more affordable than the $1,925/month national median, offering a more accessible rental market with 721 total rentals available across the city.

  • Price ranges

    Studios in Albuquerque rent for about $800/month, 1-bedrooms around $972/month, and 2-bedrooms near $1,225/month, with 3-bedrooms at $2,000/month and 4+ bedrooms at $2,470/month. Houses rent for a median of $2,098/month, while apartments are lower at $1,050/month, reflecting the city's mix of housing options.

  • Neighborhood spotlight

    Arroyo Del Oso North rents fell 87.0% year over year to $1,300/month across 13 rentals, with West Old Town down 75.8% and Rio Grande Blvd down 70.8%. These steep declines contrast with the citywide market's modest increase and show localized shifts in Albuquerque's rental landscape.

Median rent

Median rent in Albuquerque

$1,256/mo

increased by1%

vs previous year

The average rent in Albuquerque is $1,256 per month as of August 2026. This is 35% below the national average rent, or $669 less per month.

$1.30

average price per square foot

Total rentals

Available rentals in Albuquerque

721

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Albuquerque rentals at each price point

55%41%28%14%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 increased by 3% over the last month and have increased by 1% 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 $1,050, whereas a house costs $2,097. 1-bedroom apartments in Albuquerque run $964 on average, while 2-bedroom apartments are $1,150.

Listings

Studio

$800

1%

8%

1 bedroom

$972

No Change

6%

2 bedroom

$1,225

No Change

2%

3 bedroom

$2,000

1%

2%

4 bedroom

$2,470

3%

4%

Studio

Average rent

$800

Last 30 days

1%

Last year

8%

1 bedroom

Average rent

$972

Last 30 days

No Change

Last year

6%

2 bedroom

Average rent

$1,225

Last 30 days

No Change

Last year

2%

3 bedroom

Average rent

$2,000

Last 30 days

1%

Last year

2%

4 bedroom

Average rent

$2,470

Last 30 days

3%

Last year

4%

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$1,256
decreased by35%

lower than the national median

Median rent price$1,895
decreased by2%

lower than the national median

Takeaway

The median rent for all rentals in Albuquerque, NM is 34% 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
Health7% higher
Housing10% lower
Transportation7% lower
Utilities16% lower

Discover rentals in Albuquerque, NM

The Arbors - Photo 1 of 1

5d+ ago

8.2

Very good

The Arbors

4501 Shepard Rd Ne, Albuquerque, NM 87110

Studio–2 beds

1 bath

$475–$715

Apartment for rent

The Courtyards - Photo 1 of 1

5d+ ago

8.3

Very good

The Courtyards

6001 Topke Pl Ne, Albuquerque, NM 87109

1–3 beds

1–2 baths

$580–$970

Apartment for rent

1201 Iron Ave Sw #22 - Photo 1 of 1

5d+ ago

Barelas apartment for rent in Albuquerque

1 bed

1 bath

$670

Apartment for rent

Available Jun 12

1200 Coal Ave Sw #2 - Photo 1 of 1

5d+ ago

Barelas apartment for rent in Albuquerque

1 bed

1 bath

$670

Apartment for rent

Available Jun 12

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 $1,256 per month as of August 8, 2026.

Is rent up or down in Albuquerque?

Average rent prices in Albuquerque have increased by 3% over the last month and have increased by 1% since last year.

How does Albuquerque rent compare to the national average?

Rent in Albuquerque is 35% below the national average, which means renters are paying approximately $669 less per month.

Which neighborhoods are most affordable in Albuquerque?

The most affordable neighborhoods in Albuquerque are La Mesa ($897/mo), Trumbull Village ($900/mo), and South San Pedro ($950/mo).

What salary do I need to afford rent in Albuquerque?

To comfortably afford rent in Albuquerque, you'd need to earn approximately $50,000/year, based on spending no more than 30% of your income on rent.

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

Based on Zumper's July 2026 data, one-bedroom apartments in Albuquerque average around $990/month and two-bedrooms approximately $1,330/month.

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