Average Rent in Nob Hill, Albuquerque, NM and Rent Price Trends

Rent trends in Nob Hill, Albuquerque, NM

Average rent prices in Nob Hill have decreased by 24% over the last month and have decreased by 34% 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 $1,050, whereas a house costs $2,197. 1-bedroom apartments in Nob Hill run $1,000 on average, while 2-bedroom apartments are $1,800.


Studio	$788	2%	29%
1 bedroom	$960	12%	20%
2 bedroom	$1,450	13%	15%
3 bedroom	$1,750	2%	27%
4 bedroom	$2,000	9%	29%

		Listings
Highland Business	$1,000
Silver Hill	$1,264
South San Pedro	$950
University Heights	$1,400
Uptown	$900
Victory Hills	$1,100


Apartments	$1,050	7%	No Change
Condos	$1,400	18%	No Change
Houses	$2,197	7%	No Change

Studio

Average rent

$788

Last 30 days

Last year

29%

1 bedroom

Average rent

$960

Last 30 days

12%

Last year

20%

2 bedroom

Average rent

$1,450

Last 30 days

13%

Last year

15%

3 bedroom

Average rent

$1,750

Last 30 days

Last year

27%

4 bedroom

Average rent

$2,000

Last 30 days

Last year

29%

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$1,250

36%

lower than the national median

Median rent price$1,000

49%

lower than the national median

Takeaway

The median rent for all rentals in Nob Hill, Albuquerque, NM is 25% higher than the median rent in Highland Business, Albuquerque, NM.

Average rent in nearby neighborhoods

Explore rent trends in neighboring markets

$1,000

$1,264

$950

$1,400

$900

$1,100

Discover rentals in Nob Hill, Albuquerque, NM

2d ago

8.5

Very good

Plaza Del Sol Apartments

309 Sierra Dr Se, Albuquerque, NM 87108

1 bed

1 bath

$805

Apartment for rent

5h ago

9.2

Excellent

4211 Mesa Grande

4211 Mesa Grande Pl Se, Albuquerque, NM 87108

2 beds

1 bath

$875

Apartment for rent

4d ago

8.6

Very good

4207 Mesa Grande

4207 Mesa Grande Pl Se, Albuquerque, NM 87108

2 beds

1 bath

$925

Apartment for rent

5d+ ago

Nob Hill house for rent in Albuquerque

317 Morningside Drive Southeast - 1

317 Morningside Dr Se #1, Albuquerque, NM 87108

3 beds

2 baths

$2,200

House for rent

Available May 1

5d+ ago

Nob Hill house for rent in Albuquerque

5 beds

2 baths

$2,395

House for rent

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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 $1,250 per month as of May 30, 2026.

Is rent up or down in Nob Hill?

Average rent prices in Nob Hill have decreased by 24% over the last month and have decreased by 34% since last year.

How does Nob Hill rent compare to the national average?

Rent in Nob Hill is 36% below the national average, which means renters are paying approximately $700 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 $50,000/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).

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