Apartments for Rent in Silver Hill, Albuquerque, NM

Silver Hill, Albuquerque apartment availability

Silver Hill's rental market offers a good selection of listings, with an average of 27 rentals available each month. The neighborhood's inventory is comprised mostly of 1-bedroom apartments, followed by studios and 2-bedroom apartments. Many of these rentals offer desirable amenities, including outdoor space, which is available in 44% of apartments. Additionally, 40% of rentals in Silver Hill are pet-friendly, making it a great option for renters with furry friends. With a range of options to choose from, Silver Hill is a neighborhood worth considering for those looking for a new place to call home.

Silver Hill, Albuquerque rental market trends

Silver Hill, Albuquerque's rental market is experiencing a slight decline in overall rent prices, with a year-over-year decrease of 2.9% to an average of $1,045 per month in 2024. However, this trend varies by bedroom count. One-bedroom units saw a 3.5% increase to $873 per month, while two-bedroom units rose 9.1% to $1,611. In contrast, three-bedroom units experienced an 11.3% decline to $1,920. Studio apartments also saw a 5.7% increase to $720.

The most expensive month to rent in Silver Hill is September, with prices 48.4% higher than in April, the least expensive month. This significant difference in rent prices between peak and off-peak seasons presents an opportunity for renters to find deals during the spring months. With more units available and lower prices, April is an attractive time for budget-conscious renters to explore the Silver Hill market.

Why Silver Hill, Albuquerque is a great place to live

Silver Hill stands out as a top choice for renters prioritizing social living and environmental sustainability. The neighborhood's focus on eco-friendliness is evident in its use of non-toxic paint, waste recycling, and rainwater harvesting in many of its apartments. Additionally, the prevalence of community solar projects and low-flow fixtures contribute to a reduced carbon footprint. With its high walk score and transit frequency, Silver Hill is also an ideal location for those who value social connections, offering easy access to local restaurants and a safe, well-maintained street infrastructure. Overall, Silver Hill offers a unique blend of sustainability and social opportunities, making it an attractive option for like-minded renters.