Albuquerque, NM Rent Trends
Rank #83, last updated May 4
To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.
What is the average rent in Albuquerque?
The average rent of a studio apartment in Albuquerque, NM is $775. The average rent of a 1-bedroom in Albuquerque, NM is $907. The average rent of a 2-bedroom in Albuquerque, NM is $1,200. The average rent of a 3-bedroom in Albuquerque, NM is $2,000.
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
Rent Prices Over Time in Albuquerque
Apartment Rent Ranges in Albuquerque
The monthly rent for apartments in Albuquerque, NM ranges from $600 to $1,800+.
$600 - $900
$900 - $1,200
$1,200 - $1,500
$1,500 - $1,800
$1,800+
What is the average apartment size in Albuquerque?
The average size of a Albuquerque, NM apartment is 785 square feet, while the median apartment size for Albuquerque, NM is 720 square feet. However, square footage varies based on unit type. Most rentals in Albuquerque, NM (38.61%) are 1 bedroom apartments, while the fewest (12.43%) are studio apartments. Meanwhile, 2 bedroom apartments account for 32.25%, and 3+ bedroom apartments make up 16.72%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Albuquerque?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| La Mesa | * | $925 | $950 | * |
| Taylor Ranch | * | $1,229 | * | $1,895 |
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
* Insufficient data to calculate value
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