Albuquerque, NM rental market
What is the average rent in Albuquerque, NM?
Last updated June 22, 2026
Rental market summary
The average rent for all bedrooms and all property types in Albuquerque, NM is $1,485.
Average rent
$1,485
Month-over-month change
+$35
Year-over-year change
-$165
Available rentals
1,195
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $500 to $9,000.
| Rent price | Number of rental properties |
|---|---|
| $500 | 1 |
| $600 | 14 |
| $700 | 72 |
| $800 | 113 |
| $900 | 128 |
| $1,000 | 95 |
| $1,100 | 115 |
| $1,200 | 93 |
| $1,300 | 63 |
| $1,400 | 63 |
| $1,500 | 46 |
| $1,600 | 48 |
| $1,700 | 61 |
| $1,800 | 70 |
| $1,900 | 69 |
| $2,000 | 55 |
| $2,100 | 74 |
| $2,200 | 68 |
| $2,300 | 58 |
| $2,400 | 53 |
| $2,500 | 50 |
| $2,600 | 34 |
| $2,700 | 21 |
| $2,800 | 22 |
| $2,900 | 20 |
| $3,000 | 8 |
| $3,100 | 11 |
| $3,200 | 12 |
| $3,300 | 7 |
| $3,400 | 10 |
| $3,500 | 12 |
| $3,600 | 5 |
| $3,700 | 6 |
| $3,800 | 4 |
| $3,900 | 5 |
| $4,000 | 4 |
| $4,100 | 2 |
| $4,200 | 4 |
| $4,300 | 2 |
| $4,400 | 3 |
| $4,500 | 4 |
| $4,600 | 1 |
| $4,700 | 2 |
| $4,800 | 2 |
| $4,900 | 1 |
| $5,000+ | 9 |
Average rent price over time
In the last year, rent has decreased by $165 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,595 | $1,660 |
| Feb | $1,656 | $1,651 |
| Mar | $1,650 | $1,667 |
| Apr | $1,650 | $1,600 |
| May | $1,552 | $1,500 |
| Jun | $1,544 | $1,500 |
| Jul | $1,650 | No data |
| Aug | $1,650 | No data |
| Sep | $1,700 | No data |
| Oct | $1,695 | No data |
| Nov | $1,700 | No data |
| Dec | $1,668 | No data |
Market temperature
The Albuquerque, NM rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Albuquerque, NM is 26% lower than the national average.
$1,485
$2,005
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Frequently asked questions
1. What is the average rent in Albuquerque, NM?
2. What is the average rent for a studio apartment in Albuquerque, NM?
3. What is the average rent for a one-bedroom apartment in Albuquerque, NM?
4. What is the average rent for a two-bedroom apartment in Albuquerque, NM?
5. What is the average rent for a three-bedroom apartment in Albuquerque, NM?
6. What is the average rent for a four-bedroom apartment in Albuquerque, NM?
7. How much does it cost to rent a house in Albuquerque, NM?
8. How has the rent in Albuquerque, NM changed in the last year?
9. How much has the rent in Albuquerque, NM increased/decreased in the last month?
10. How many available rentals are there in Albuquerque, NM?
11. How do rent prices in Albuquerque, NM compare with the national average?
