Bedroom count
Property type
Last updated on May 15, 2026
Average rent in
Albuquerque, NM
Average rent in
Last updated on May 15, 2026
Bedroom count
Property type
Key takeaways for renters
The bottom line
Albuquerque, NM rent rose 8.8% year over year, with a current median of $1,300/month. Renters are paying $123 more per month on average than last year, despite a 1.5% month-over-month decline in May 2026.
Compared to national trends
Albuquerque sits 33.3% more affordable than the $1,950/month national median, offering a more accessible market for renters compared to many other metros.
Price ranges
Studios in Albuquerque run around $805/month, 1-bedrooms around $975/month, and 2-bedrooms around $1,291/month, with rents increasing for 3-bed and 4+ bed units. Houses rent for a median of $2,112/month, while apartments are more affordable at $1,062/month.
Neighborhood spotlight
Arroyo Del Oso North rents fell 86.5% year over year to $1,352/month across 10 rentals. This decline contrasts with the citywide 8.8% rent increase and marks a local cooldown.
Median rent
Median rent in Albuquerque
$1,300/mo
9%vs previous year
The average rent in Albuquerque is $1,300 per month as of May 2026. This is 33% below the national average rent, or $650 less per month.
average price per square foot
Total rentals
Available rentals in Albuquerque
726
for rent on Zumper.com as of May 2026
Rent price distribution
Share of Albuquerque rentals at each price point
Rent trends in Albuquerque, NM
Average rent prices in Albuquerque have decreased by 1% over the last month and have increased by 9% 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 $1,062, whereas a house costs $2,112. 1-bedroom apartments in Albuquerque run $975 on average, while 2-bedroom apartments are $1,188.
Listings | ||||
|---|---|---|---|---|
Studio | $805 | No Change | 12% | |
1 bedroom | $975 | 1% | 7% | |
2 bedroom | $1,291 | 1% | 7% | |
3 bedroom | $2,000 | 1% | 5% | |
4 bedroom | $2,500 | 5% | No Change |
Listings | ||
|---|---|---|
Barelas | $1,072 | |
Del Norte | $1,151 | |
Downtown Albuquerque | $1,275 | |
Hodgin | $1,154 | |
Nob Hill | $1,700 | |
Silver Hill | $1,389 | |
South San Pedro | $950 | |
Taylor Ranch | $1,595 | |
Trumbull Village | $800 | |
University Heights | $1,400 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,062 | No Change | No Change | |
Condos | $1,575 | 7% | No Change | |
Houses | $2,112 | 3% | No Change | |
Rooms | $850 | No Change | - |
Studio
Average rent
$805
Last 30 days
No Change
Last year
12%
1 bedroom
Average rent
$975
Last 30 days
1%
Last year
7%
2 bedroom
Average rent
$1,291
Last 30 days
1%
Last year
7%
3 bedroom
Average rent
$2,000
Last 30 days
1%
Last year
5%
4 bedroom
Average rent
$2,500
Last 30 days
5%
Last year
No Change
South San Pedro
Average rent
$950
Trumbull Village
Average rent
$800
Hodgin
Average rent
$1,154
University Heights
Average rent
$1,400
Downtown Albuquerque
Average rent
$1,275
Nob Hill
Average rent
$1,700
Silver Hill
Average rent
$1,389
Barelas
Average rent
$1,072
Del Norte
Average rent
$1,151
Taylor Ranch
Average rent
$1,595
Apartments
Average rent
$1,062
Last 30 days
No Change
Condos
Average rent
$1,575
Last 30 days
7%
Houses
Average rent
$2,112
Last 30 days
3%
Rooms
Average rent
$850
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
33%lower than the national median
17%lower than the national median
Takeaway
The median rent for all rentals in Albuquerque, NM is 20% lower than the median rent in Bernalillo, NM.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,625
12%$1,730
12%$1,500
32%$1,895
$1,405
15%$1,897
13%$1,900
30%$1,250
$2,095
4%$1,750
53%$1,087
49%$1,395
7%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 & Services | 2% higher |
| Groceries | 3% lower |
| Health | 2% higher |
| Housing | 11% lower |
| Transportation | 14% lower |
| Utilities | 13% lower |
Discover rentals in Albuquerque, NM
5d+ ago
6001 Topke Pl Ne, Albuquerque, NM 87109
1–3 beds
1–2 baths
$580–$970
Apartment for rent
5d+ ago
1024 Alvarado Dr Se, Albuquerque, NM 87108
1 bed
1 bath
$595
Apartment for rent
23h ago
1111 Amherst Dr Se, Albuquerque, NM 87106
1 bed
1 bath
$695
Apartment for rent
1d ago
433 Mesilla St Se, Albuquerque, NM 87108
1 bed
1 bath
$695
Apartment for rent
5d+ ago
Huning Castle house for rent in Albuquerque
1719 San Cristobal Rd Sw, Albuquerque, NM 87104
4 beds
3 baths
$10,000
House for rent
Available Jul 31
5d+ ago
Vista Del Norte Alliance house for rent in Albuquerque
6620 Agave Verde Way Ne, Albuquerque, NM 87113
4 beds
4 baths
$8,500
House for rent
Available May 1
5d+ ago
Netherwood Park house for rent in Albuquerque
1801 Notre Dame Dr Ne, Albuquerque, NM 87106
4 beds
5 baths
$7,800
House for rent
Available Mar 14
5d+ ago
Southeast Heights house for rent in Albuquerque
610 Carlisle Blvd Se, Albuquerque, NM 87106
3 beds
3.5 baths
$7,000
House for rent
Available Feb 6
1d ago
Verified
7100 Louisiana Blvd Ne, Albuquerque, NM 87109
1–2 beds
1–2 baths
$780–$1,640
Apartment for rent
2h ago
Verified
7600 Montgomery Blvd Ne, Albuquerque, NM 87109
1–3 beds
1–2 baths
$1,167–$3,156
Apartment for rent
2d ago
Verified
1200 Dickerson Drive Southeast, Albuquerque, NM 87106
Studio–3 beds
1 bath
$800–$1,426
Apartment for rent
2d ago
Verified
1200 Dickerson Drive Southeast, Albuquerque, NM 87106
Studio–3 beds
1 bath
$800–$1,426
Apartment for rent
1d ago
Verified
7100 Louisiana Blvd Ne, Albuquerque, NM 87109
1–2 beds
1–2 baths
$780–$1,640
Apartment for rent
2h ago
Verified
950 Louisiana Blvd Se, Albuquerque, NM 87108
Studio–2 beds
1 bath
$645–$1,075
Apartment for rent
1d ago
Verified
7100 Louisiana Blvd Ne, Albuquerque, NM 87109
1–2 beds
1–2 baths
$780–$1,640
Apartment for rent
2h ago
Verified
7600 Montgomery Blvd Ne, Albuquerque, NM 87109
1–3 beds
1–2 baths
$1,167–$3,156
Apartment for rent
2d ago
Verified
1200 Dickerson Drive Southeast, Albuquerque, NM 87106
Studio–3 beds
1 bath
$800–$1,426
Apartment for rent
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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 $1,300 per month as of May 14, 2026.
Is rent up or down in Albuquerque?
Average rent prices in Albuquerque have decreased by 1% over the last month and have increased by 9% since last year.
How does Albuquerque rent compare to the national average?
Rent in Albuquerque is 33% below the national average, which means renters are paying approximately $650 less per month.
Which neighborhoods are most affordable in Albuquerque?
The most affordable neighborhoods in Albuquerque are Trumbull Village ($800/mo), South San Pedro ($950/mo), and Barelas ($1,072/mo).
What salary do I need to afford rent in Albuquerque?
To comfortably afford rent in Albuquerque, you'd need to earn approximately $52,000/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).