Legal & Compliance
Respond to a Rent Increase Legally & Strategically
Have you received a rent hike notice? Know your rights, challenge what's unfair, and make the move that protects your money, not your landlord's margins.
•8 min read
What to Know About
Living in Albuquerque, NM
Albuquerque is known for its magnificent scenery, rich cultural heritage, and thriving arts scene. This city is a melting pot of modern amenities and cultural diversity, surrounded by breathtaking desert landscapes. Immerse yourself in Albuquerque's unique history by visiting landmarks, such as the National Museum of Nuclear Science & History, Indian Pueblo Cultural Center, Petroglyph National Monument, or the Albuquerque Old Town offers an array of museums, galleries, and shops, all reflecting the city's deep roots.
Outdoor enthusiasts will be thrilled with the vast array of exploration opportunities, such as the stunning Sandia Mountains, which offer hiking, skiing, and breathtaking views of the city. And be sure to check out the Albuquerque International Balloon Fiesta, which offers an unforgettable experience as hundreds of hot air balloons fill the sky with vibrant colors and shapes. In addition, the city is renowned for its food scene featuring flavors of the Southwest, including its famous New Mexico green chili.
Come and experience the enchanting city of Albuquerque. From its radiant beauty to its unique culture and unforgettable experiences, it's easy to see why Albuquerque is a great place to live.
Rental Market Trends
Albuquerque, NM
As of July 2025, Albuquerque's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Albuquerque's average rent is 9.8% ($148) lower than the New Mexico average of $1,515 and 23.0% ($408) lower than the U.S. average of $1,775.
Average Rent
$1,367
Monthly ChangeMonth Over Month Change
2.9% ($38)
Yearly ChangeYear Over Year Change
17% ($199)
Avg. Days on MarketAverage Days on Market
25
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,113 | 1.6% ($18) | 18.4% ($173) |
| 2 Beds | $1,474 | 1.3% ($19) | 35.1% ($383) |
| 3 Beds | $2,063 | 1.5% ($31) | 2.7% ($54) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Albuquerque Rental Market FAQs
Explore rental prices, market trends, and availability in Albuquerque, NM.
The average rent in Albuquerque, NM is $1,367 per month.
Homes in Albuquerque typically rent for between $779 and $2,682 per month, with an average of $1,367 per month.
In Albuquerque, the average rent for a 1-bedroom home is $1,113 per month, for a 2-bedroom home, $1,474 per month, and a 3-bedroom home is $2,063 per month.
The average rent in Albuquerque is 23% ($408) lower than the national average of $1,775 per month.
The average rent in Albuquerque has increased by 2.9% ($38) in the last month and increased by 17.0% ($199) over the past year.
The rental market in Albuquerque, NM, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Albuquerque, NM, the average rental stays on the market for approximately 25 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 533 rental properties available in Albuquerque, NM.
Based on the current averages, a household would need an annual income of $58,960 to comfortably afford a 2-bedroom home in Albuquerque.
