Average Rent in Albuquerque, NM and Rent Price Trends

Rent price summary for
Albuquerque, NM

As of September 2025, the median rent for all bedroom counts and property types in Albuquerque, NM is $1,299. This is -34% lower than the national average.

$1.30

average price per square foot

Median rent

$1,299

over the previous yearvs previous year

Total rentals

638

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Albuquerque, NM is $1,299. This is -34% lower than the national average.

$1.30

average price per square foot

Rent ranges

52%

31%

$0-$750$0 - $750

$751-$1,500$751 - $1,500

$1,501-$2,250$1,501 - $2,250

$2,251-$3,000$2,251 - $3,000

$3,001+$3,001+

Households

60%

40%

Owner-occupied

Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent comparables in
Albuquerque, NM
The monthly rent for an apartment in Albuquerque, NM is $1,075. A 1-bedroom apartment in Albuquerque, NM costs about $964 on average, while a 2-bedroom apartment is $1,200. Houses for rent in Albuquerque, NM are more expensive, with an average monthly cost of $1,995.


1 bedroom	$955	No Change	4%
2 bedroom	$1,255	No Change	2%
3 bedroom	$1,995	2%	1%
4 bedroom	$2,400	4%	9%
Studio	$800	1%	1%

		Comparables
Del Norte	$1,257
Hodgin	$1,210
Seven Bar Ranch	$1,670
Silver Hill	$920
South San Pedro	$925
Taylor Ranch	$1,780
Trumbull Village	$837
University Heights	$1,175
Uptown	$900
Westgate Heights	$1,800


Apartments	$1,075	No Change	No Change
Condos	$1,547	No Change	No Change
Houses	$1,995	No Change	No Change
Rooms	$795	25%	-

Studio

Average rent

$800

Last 30 days

Last year

1 bedroom

Average rent

$955

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,255

Last 30 days

No Change

Last year

3 bedroom

Average rent

$1,995

Last 30 days

Last year

4 bedroom

Average rent

$2,400

Last 30 days

Last year

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 rent prices in Albuquerque, NM to other cities

Median rent prices in Albuquerque, NM for all bedroom counts and property types compared to Bernalillo, NM.

Albuquerque

Median rent price$1,299

34%

lower than the national median

Median rent price$2,034

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.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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

Average rent in
Nearby cities
Explore rent trends in other markets

Bernalillo

$2,034

22%

Last year

Corrales

$2,095

15%

Last year

Edgewood

$1,895

Last year

Los Ranchos De Albuquerque

$1,750

N/A

Last year

North Valley

$1,455

21%

Last year

Paradise Hills

$2,102

11%

Last year

Placitas

$1,694

45%

Last year

Ponderosa Pine

$1,125

N/A

Last year

Rio Rancho

$1,950

Last year

Sandia Heights

$1,635

39%

Last year

South Valley

$2,000

N/A

Last year

Tijeras

$1,005

46%

Last year

Cost of living in
Albuquerque, NM

The overall cost of living in Albuquerque, NM is 5% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.