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 October 2026, the average rent in Albuquerque, NM is $1,601 per month, which is 18% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,601

0.0%$1 increase month-over-month

-5.8%-$99 decrease year-over-year

AVAILABLE RENTALS

1,302

APARTMENTS

$1,153

HOUSES

$2,211

TOWNHOUSES

$1,950

As of October 2026, apartments are the most affordable rental option in Albuquerque, NM at $1,153 per month, while houses are the most expensive at $2,211 per month. Townhomes average $1,950 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,115
2 Bedrooms	$1,450
3 Bedrooms	$2,100
4 Bedrooms	$2,551
All	$1,601

As of October 2026, the average rent for a 1 bedroom rental in Albuquerque, NM is $1,115 per month, followed by $1,450 for a 2 bedroom rental, $2,100 for a 3 bedroom rental, and $2,551 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,000
2 Bedrooms	$1,795
3 Bedrooms	$2,200
4 Bedrooms	$2,100
All	$1,950

As of October 2026, the average rent for a 1 bedroom townhome in Albuquerque, NM is $1,000 per month, followed by $1,795 for a 2 bedroom townhome, $2,200 for a 3 bedroom townhome, and $2,100 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,150
2 Bedrooms	$1,325
3 Bedrooms	$1,950
4 Bedrooms	$3,500
All	$1,295

As of October 2026, the average rent for a 1 bedroom apartment in Albuquerque, NM is $1,150 per month, followed by $1,325 for a 2 bedroom apartment, $1,950 for a 3 bedroom apartment, and $3,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,895
3 Bedrooms	$2,200
4 Bedrooms	$2,551
All	$2,211

As of October 2026, the average rent for a 1 bedroom house in Albuquerque, NM is $1,400 per month, followed by $1,895 for a 2 bedroom house, $2,200 for a 3 bedroom house, and $2,551 for a 4 bedroom house.