Bedroom count
Property type
Last updated on November 14, 2026
Last updated on November 14, 2026
Bedroom count
Property type
Albuquerque, NM rent rose 5.2% year over year, with a current median of $1,345/month. Renters today are paying $67 more per month on average than last year as the market continues to climb toward its recent peak in 2025-09.
Albuquerque sits 29.2% more affordable than the $1,900/month national median, offering a more accessible rental market with 794 total rentals available across the city.
Studios in Albuquerque rent for about $800/month, 1-bedrooms around $976/month, and 2-bedrooms near $1,275/month, while 4+ bedrooms reach $2,498/month. Houses command a median of $2,102/month compared to apartments at $1,100/month, reflecting distinct price tiers for renters.
In Albuquerque, NM, Arroyo Del Oso North rents fell 79.5% year over year to $1,373/month, Plaza Vieja dropped 71.5% to $999/month, and West Old Town declined 70.0% to $1,650/month. These steep local declines contrast with the citywide rent increase of 5.2%, showing significant neighborhood variation.
Median rent in Albuquerque
$1,345/mo
vs previous year
The average rent in Albuquerque is $1,345 per month as of November 2026. This is 29% below the national average rent, or $555 less per month.
average price per square foot
Available rentals in Albuquerque
794
for rent on Zumper.com as of November 2026
Share of Albuquerque rentals at each price point
Average rent prices in Albuquerque have increased by 1% over the last month and have increased by 5% 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 $1,100, whereas a house costs $2,102. 1-bedroom apartments in Albuquerque run $995 on average, while 2-bedroom apartments are $1,200.
Listings | ||||
|---|---|---|---|---|
Studio | $800 | No Change | 1% | |
1 bedroom | $976 | 1% | 2% | |
2 bedroom | $1,275 | 1% | 2% | |
3 bedroom | $2,050 | No Change | 6% | |
4 bedroom | $2,497 | No Change | 9% |
Listings | ||
|---|---|---|
Downtown Albuquerque | $1,162 | |
Hodgin | $1,210 | |
La Mesa | $882 | |
Nob Hill | $1,575 | |
Silver Hill | $1,109 | |
South San Pedro | $995 | |
Taylor Ranch | $1,834 | |
Trumbull Village | $887 | |
University Heights | $1,210 | |
Victory Hills | $1,165 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,100 | 1% | 2% | |
Condos | $1,390 | 4% | 5% | |
Houses | $2,102 | 2% | 7% | |
Rooms | $823 | 6% | - |
Studio
Average rent
$800
Last year
1%
1 bedroom
Average rent
$976
Last 30 days
1%
Last year
2%
2 bedroom
Average rent
$1,275
Last 30 days
1%
Last year
2%
3 bedroom
Average rent
$2,050
Last 30 days
No Change
Last year
6%
4 bedroom
Average rent
$2,497
Last year
9%
South San Pedro
Average rent
$995
Trumbull Village
Average rent
$887
Hodgin
Average rent
$1,210
University Heights
Average rent
$1,210
Taylor Ranch
Average rent
$1,834
Downtown Albuquerque
Average rent
$1,162
Nob Hill
Average rent
$1,575
Victory Hills
Average rent
$1,165
Silver Hill
Average rent
$1,109
La Mesa
Average rent
$882
Apartments
Average rent
$1,100
Last 30 days
1%
Last year
2%
Condos
Average rent
$1,390
Last 30 days
4%
Last year
5%
Houses
Average rent
$2,102
Last 30 days
2%
Last year
7%
Rooms
Average rent
$823
Last 30 days
6%
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
lower than the national median
Takeaway
The median rent for all rentals in Albuquerque, NM is 25% 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 | 5% higher |
| Housing | 10% lower |
| Transportation | 7% lower |
| Utilities | 17% lower |
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Quick answers to common questions about the Albuquerque rental market.
The average rent in Albuquerque is $1,345 per month as of November 7, 2026.
Average rent prices in Albuquerque have increased by 1% over the last month and have increased by 5% since last year.
Rent in Albuquerque is 29% below the national average, which means renters are paying approximately $555 less per month.
The most affordable neighborhoods in Albuquerque are La Mesa ($882/mo), Trumbull Village ($887/mo), and South San Pedro ($995/mo).
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.
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.
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).