Last updated on July 21, 2026

Average rent in
Nob Hill, Albuquerque, NM

Median rent

Median rent in Nob Hill

$1,395/mo

decreased by4%

vs previous year

The average rent in Nob Hill is $1,395 per month as of July 2026. This is 28% below the national average rent, or $550 less per month.

$1.56

average price per square foot

Total rentals

Available rentals in Nob Hill

23

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Nob Hill 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 Nob Hill, Albuquerque, NM

Average rent prices in Nob Hill have increased by 16% over the last month and have decreased by 4% 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 Nob Hill, Albuquerque, NM

Rent prices in Nob Hill vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Nob Hill is $1,100, whereas a house costs $1,875. 1-bedroom apartments in Nob Hill run $974 on average, while 2-bedroom apartments are $1,850.

Listings

Studio

$799

2%

12%

1 bedroom

$1,000

3%

14%

2 bedroom

$2,000

2%

35%

3 bedroom

$2,300

7%

12%

4 bedroom

$2,800

No Change

21%

Studio

Average rent

$799

Last 30 days

2%

Last year

12%

1 bedroom

Average rent

$1,000

Last 30 days

3%

Last year

14%

2 bedroom

Average rent

$2,000

Last 30 days

2%

Last year

35%

3 bedroom

Average rent

$2,300

Last 30 days

7%

Last year

12%

4 bedroom

Average rent

$2,800

Last year

21%

The table above reflects average rent prices in Nob Hill, 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 Nob Hill, Albuquerque, NM compare to other neighborhoods?

Compare median rent prices in Nob Hill and Highland Business by all bedroom counts and property types.

Nob Hill

Median rent price$1,395
decreased by28%

lower than the national median

Median rent price$999
decreased by49%

lower than the national median

Takeaway

The median rent for all rentals in Nob Hill, Albuquerque, NM is 40% higher than the median rent in Highland Business, Albuquerque, NM.

Discover rentals in Nob Hill, Albuquerque, NM

Hermosa Commons - Photo 1 of 1

5d+ ago

8.9

Very good

Hermosa Commons

200 Hermosa Dr Ne, Albuquerque, NM 87108

Studio

1 bath

$650

Apartment for rent

Plaza Del Sol Apartments - Photo 1 of 1

5d+ ago

8.5

Very good

Plaza Del Sol Apartments

309 Sierra Dr Se, Albuquerque, NM 87108

1 bed

1 bath

$805

Apartment for rent

313 Montclaire Dr Se - Photo 1 of 1

1d ago

9

Excellent

313 Montclaire Dr Se

313 Montclaire Dr Se, Albuquerque, NM 87108

1 bed

1 bath

$895

Apartment for rent

Large One - Photo 1 of 1

5d+ ago

8.8

Very good

Large One

4311 Zuni Rd Se, Albuquerque, NM 87108

1 bed

1 bath

$900

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Nob Hill, Albuquerque, NM

Quick answers to common questions about the Nob Hill rental market.

How much is rent in Nob Hill?

The average rent in Nob Hill is $1,395 per month as of July 18, 2026.

Is rent up or down in Nob Hill?

Average rent prices in Nob Hill have increased by 16% over the last month and have decreased by 4% since last year.

How does Nob Hill rent compare to the national average?

Rent in Nob Hill is 28% below the national average, which means renters are paying approximately $550 less per month.

What salary do I need to afford rent in Nob Hill?

To comfortably afford rent in Nob Hill, you'd need to earn approximately $56,000/year, based on spending no more than 30% of your income on rent.

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