What's the average rent in Albuquerque, NM?

Rental Market Trends in Albuquerque, NM

Search for Apartments in Albuquerque, NM

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Albuquerque, NM is $1,600 per month, which is 18% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$1,600

6.6%$99 increase month-over-month

-3.3%-$55 decrease year-over-year

AVAILABLE RENTALS

1,248

APARTMENTS

$1,177

HOUSES

$2,250

TOWNHOUSES

$1,795

As of August 2026, apartments are the most affordable rental option in Albuquerque, NM at $1,177 per month, while houses are the most expensive at $2,250 per month. Townhomes average $1,795 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,100
2 Bedrooms	$1,400
3 Bedrooms	$2,150
4 Bedrooms	$2,450
All	$1,600

As of August 2026, the average rent for a 1 bedroom rental in Albuquerque, NM is $1,100 per month, followed by $1,400 for a 2 bedroom rental, $2,150 for a 3 bedroom rental, and $2,450 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,170
2 Bedrooms	$1,700
3 Bedrooms	$2,344
4 Bedrooms	$1,750
All	$1,795

As of August 2026, the average rent for a 1 bedroom townhome in Albuquerque, NM is $1,170 per month, followed by $1,700 for a 2 bedroom townhome, $2,344 for a 3 bedroom townhome, and $1,750 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,050
2 Bedrooms	$1,225
3 Bedrooms	$2,150
4 Bedrooms	$2,100
All	$1,200

As of August 2026, the average rent for a 1 bedroom apartment in Albuquerque, NM is $1,050 per month, followed by $1,225 for a 2 bedroom apartment, $2,150 for a 3 bedroom apartment, and $2,100 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,899
3 Bedrooms	$2,200
4 Bedrooms	$2,500
All	$2,250

As of August 2026, the average rent for a 1 bedroom house in Albuquerque, NM is $1,400 per month, followed by $1,899 for a 2 bedroom house, $2,200 for a 3 bedroom house, and $2,500 for a 4 bedroom house.