Last updated on June 29, 2026

Average rent in
Albuquerque, NM

Key takeaways for renters

  • The bottom line

    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.

  • Price ranges

    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.

  • Neighborhood spotlight

    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

Median rent in Albuquerque

$1,282/mo

increased by3%

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.

$1.31

average price per square foot

Total rentals

Available rentals in Albuquerque

683

for rent on Zumper.com as of June 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 decreased by 2% over the last month and have increased by 3% 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 $1,076, 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%

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%

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$1,282
decreased by34%

lower than the national median

Median rent price$2,000
increased by3%

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.

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

4d 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

2d ago

7.6

Very good

The Courtyards

6001 Topke Pl Ne, Albuquerque, NM 87109

1–3 beds

1–2 baths

$580–$970

Apartment for rent

Amherst - Photo 1 of 1

9h ago

8.3

Very good

Amherst

1111 Amherst Dr Se, Albuquerque, NM 87106

1 bed

1 bath

$650

Apartment for rent

4908 Burton Ave Se - Photo 1 of 1

5d+ ago

Parkland Hills apartment for rent in Albuquerque

1 bed

1 bath

$675

Apartment for rent

Available Aug 16

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 $1,282 per month as of June 27, 2026.

Is rent up or down in Albuquerque?

Average rent prices in Albuquerque have decreased by 2% over the last month and have increased by 3% since last year.

How does Albuquerque rent compare to the national average?

Rent in Albuquerque is 34% below the national average, which means renters are paying approximately $668 less per month.

Which neighborhoods are most affordable in Albuquerque?

The most affordable neighborhoods in Albuquerque are Trumbull Village ($860/mo), La Mesa ($900/mo), and South San Pedro ($935/mo).

What salary do I need to afford rent in Albuquerque?

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.

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

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.

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