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 July 2026, the average rent in Albuquerque, NM is $1,463 per month, which is 25% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$1,463

-2.4%-$37 decrease month-over-month

-11.3%-$187 decrease year-over-year

AVAILABLE RENTALS

1,154

APARTMENTS

$1,172

HOUSES

$2,286

TOWNHOUSES

$1,800

As of July 2026, apartments are the most affordable rental option in Albuquerque, NM at $1,172 per month, while houses are the most expensive at $2,286 per month. Townhomes average $1,800 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	$1,394
3 Bedrooms	$2,161
4 Bedrooms	$2,600
All	$1,463

As of July 2026, the average rent for a 1 bedroom rental in Albuquerque, NM is $1,100 per month, followed by $1,394 for a 2 bedroom rental, $2,161 for a 3 bedroom rental, and $2,600 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,225
2 Bedrooms	$1,750
3 Bedrooms	$2,200
4 Bedrooms	$2,600
All	$1,800

As of July 2026, the average rent for a 1 bedroom townhome in Albuquerque, NM is $1,225 per month, followed by $1,750 for a 2 bedroom townhome, $2,200 for a 3 bedroom townhome, and $2,600 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,020
2 Bedrooms	$1,225
3 Bedrooms	$1,950
4 Bedrooms	$819
All	$1,200

As of July 2026, the average rent for a 1 bedroom apartment in Albuquerque, NM is $1,020 per month, followed by $1,225 for a 2 bedroom apartment, $1,950 for a 3 bedroom apartment, and $819 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,183
2 Bedrooms	$1,958
3 Bedrooms	$2,200
4 Bedrooms	$2,600
All	$2,286

As of July 2026, the average rent for a 1 bedroom house in Albuquerque, NM is $1,183 per month, followed by $1,958 for a 2 bedroom house, $2,200 for a 3 bedroom house, and $2,600 for a 4 bedroom house.