Rental GuideAlbuquerque, NM

Albuquerque rent data for:

Apartments for rent

Average Rent

$1,275

Year Over Year Change

-4%

$56

Rentals available, last 30 days

635

Rent ranges for Albuquerque apartments

$3,001 - $3,001

$2,251 - $3,000

$1,501 - $2,250

$751 - $1,500

$0 - $750

$3,001 - $3,001

$2,251 - $3,000

$1,501 - $2,250

29%

$751 - $1,500

53%

$0 - $750

29%

53%

How has rent in Albuquerque, NM changed in the last two years?

The average rent in Albuquerque, NM, for rentals of all sizes and types, is $1,275, which is a 3.79% decrease year-over-year.

The monthly rent for 1-bedroom apartments in Albuquerque, NM is about $956. The average rent for 2-bedroom apartments in Albuquerque, NM is $1,234, and studios are about $795 per month.

See more Albuquerque, NM rent data on our rent research page.

What are the K-12 schools in Albuquerque, NM?

172

schools

79,805

students

About Niche: Niche compiles and analyzes the latest data from public sources like the US Census Bureau and the Department of Education to generate rankings for schools and neighborhoods across the US.

Disclaimer: School ratings from Niche are intended for informational purposes only. Check with the nearby schools to verify eligibility and zoning criteria before using this data to decide on your next home.

Showing 1 - 5 of 105 results

What are some of the top neighborhoods in Albuquerque, NM?

Southwest

Living in the Southwest side of Albuquerque feels like a delightful escape to a cozy small-town atmosphere. Here, the flourishing farmlands by the Rio Grande enrich the local organic scene, creating a vibrant community where fresh produce thrives. If the idea of vibrant fields filled with corn, beans, and squash brings a smile to your face, you'll love making this area your home. You can explore the colorful histories of the neighborhoods like Atrisco and Kinney, where each street seems to tell a unique story. For those seeking a bit more excitement, the nearby Bosque and Barelas neighborhoods offer easy access to cultural treasures, perfect for weekend outings. It’s a space where nature and community intertwine beautifully.

Northwest

In Northwest Albuquerque, you'll find a delightful blend of history and cultural flair that makes everyday living a joy. The area's historic charm shines through in Old Town, where you can explore its vintage-inspired streets lined with distinctive architecture and quaint storefronts that take you on a trip back in time. You'll love the vibrant nightlife and mouthwatering dining options just a short jaunt away in downtown. Families will appreciate the welcoming atmosphere of nearby neighborhoods, perfect for raising kids and enjoying life. For outdoor enthusiasts, the stunning landscapes at Petroglyph National Monument and the serene trails at the Rio Grande Nature Center are just around the corner, making it easy to embrace the great outdoors.

Northeast

Living in Northeast Albuquerque is like having a front-row seat to everything that makes this city vibrant and exciting. This lively area stretches from the historic railroad tracks and Central Avenue all the way to the stunning Sandia Peak Aerial Tram. With the University of New Mexico at its heart and the bustling Uptown district nearby, there’s never a dull moment. Outdoor enthusiasts will love the access to the magnificent Sandia Mountains, perfect for hiking and exploring. Whether you’re flying high at the Balloon Fiesta or enjoying the friendly atmosphere in the local parks, there’s always something happening. With a variety of rental options, you may even find the perfect spot that fits your lifestyle just right!

Southeast

Southeast Albuquerque is a vibrant hub bursting with energy and creativity! This area is a paradise for food enthusiasts, with a variety of unique local flavors waiting to be discovered. The lively atmosphere invites music lovers to experience local tunes that fill the streets, providing a rhythm to everyday life. Sports enthusiasts find joy here as well, particularly during baseball season when the excitement of cheering for the home team fills the air. You’ll also sense a strong sense of community among the military families living in the nearby areas, adding to the neighborhood's welcoming vibe. With its rich cultural offerings and friendly spirit, living in Southeast Albuquerque feels like being part of an ever-evolving tapestry of experiences.

Who lives in Albuquerque, NM?

Gender

49% Male

51% Female

Age Range

0-19

24%

20-34

22%

35-44

13%

45-64

24%

65+

15%

Language

English

72%

Spanish

20%

Indo Euro

Asia Pac

Other

Education

No HS

High School

45%

Bachelor's

29%

Master's

10%

Prof Degree

Doctorate

What is the household breakdown in Albuquerque, NM?

Families

40% Families

60% Single

Property

40% Renters

60% Owners

Household Income

0-25k

23%

25-50k

23%

50-75k

18%

75-100k

12%

100-150k

13%

150k+

How do residents get around Albuquerque, NM?

Albuquerque locals spend about 22 minutes commuting, and most drive to get to work. Residents or visitors looking to take public transit can hop on a bus or train run by ABQ Ride or New Mexico Rail Runner to navigate Albuquerque and nearby areas.

Walking

5/10

Some shops and stores are within a few minutes.

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Driving

8/10

This area is close to freeways and has adequate parking options.

Transit

2/10

There are a few mass transit options within the area.

Scores for Albuquerque are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.

Satisfaction survey results for Albuquerque, NM

We surveyed 10,000 renters across the country about what it's like living in their cities and neighborhoods. In Albuquerque, 62% of residents reported feeling satisfied or very satisfied with the city overall, which is higher than the national average of 60%.

Top Three Reasons to Live in Albuquerque

Weather

78%Satisfaction rating

Pet friendly

70%Satisfaction rating

Parks & recreation

70%Satisfaction rating

Other Things to Consider

Public transportation

Job market

Affordable housing

Nightlife

Quality schools

Dating scene

Cost of living

Public transportation

50%

Job market

48%

Affordable housing

39%

Nightlife

37%

Quality schools

36%

Dating scene

25%

Cost of living

20%

50%

48%

39%

37%

36%

25%

20%

Data last updated in 2024. Do you live here? Take our survey and share your experience.

How we got this data

What is the cost of living in Albuquerque, NM?

The overall cost of living in Albuquerque, NM is 5% lower than the national average, according to the Cost of Living Index published by the Council for Community and Economic Research. This is calculated by comparing several expenses, including food and basic necessities like energy and healthcare. When it comes to comparing these expenses to the rest of the country, in Albuquerque you can expect groceries to cost less than the national average, and healthcare to cost more. Eggs run about $3.01 per carton, and milk $4.61. Regarding healthcare costs, a doctor’s visit could amount to $133.41 on average—but this will likely vary depending on several factors, including insurance and medical specialty.

CATEGORY	AVERAGE COST COMPARED TO NATIONAL AVERAGE
Goods & Services	2% higher
Groceries	3% lower
Utilities	13% lower
Transportation	14% lower
Health	2% higher

CATEGORY

Goods & Services