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15 Studio Apartments for rent in Albuquerque, NM

Last updated September 22 at 12:54am UTC
The Gradely
5800 Harper Dr NE
Albuquerque, NM
Updated September 22 at 12:54am UTC
Studio
$633
Alvarado Apartments
611 Lead Ave SW
Albuquerque, NM
Updated September 22 at 12:29am UTC
Studio
$615
5020 Ellison St NE
Albuquerque
Albuquerque, NM
Updated September 10 at 1:54pm UTC
Studio
$776
75 Hotel Cir NE
Princess Jeanne
Albuquerque, NM
Updated September 6 at 9:38am UTC
Studio
$797
2500 University Blvd NE
Albuquerque
Albuquerque, NM
Updated August 25 at 9:42am UTC
Studio
$776
2800 VAIL AVE SE #283
Victory Hills
Albuquerque, NM
Updated August 11 at 10:02am UTC
Studio
$595
222 Maple Street NE
Sycamore
Albuquerque, NM
Updated July 4 at 2:25am UTC
Studio
$500
Results within 5 miles of Albuquerque, NM
7047 Husky NE
Enchanted Hills
Rio Rancho, NM
Updated September 13 at 3:33pm UTC
Studio
$1,175
Results within 10 miles of Albuquerque, NM
501 Vermont St NE
La Mesa
Albuquerque, NM
Updated August 12 at 5:21pm UTC
Studio
$650

September 2018 Albuquerque Rent Report

Welcome to the September 2018 Albuquerque Rent Report. Albuquerque rents increased over the past month. In this report, we'll evaluate trends in the Albuquerque rental market, including comparisons to similar cities nationwide.

View full Albuquerque Rent Report
Rent Report
Albuquerque

September 2018 Albuquerque Rent Report

Welcome to the September 2018 Albuquerque Rent Report. Albuquerque rents increased over the past month. In this report, we'll evaluate trends in the Albuquerque rental market, including comparisons to similar cities nationwide.

Albuquerque rents increased significantly over the past month

Albuquerque rents have increased 0.4% over the past month, and have increased marginally by 0.6% in comparison to the same time last year. Currently, median rents in Albuquerque stand at $710 for a one-bedroom apartment and $870 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Albuquerque's year-over-year rent growth lags the state average of 0.7%, as well as the national average of 1.0%.

Albuquerque rents more affordable than many other large cities nationwide

As rents have increased marginally in Albuquerque, comparable cities nationwide have seen rents grow more quickly. Albuquerque is still more affordable than most similar cities across the country.

  • Albuquerque's median two-bedroom rent of $870 is below the national average of $1,180. Nationwide, rents have grown by 1.0% over the past year compared to the 0.6% increase in Albuquerque.
  • While Albuquerque's rents rose marginally over the past year, some cities nationwide saw decreases, including Seattle (-2.4%) and Minneapolis (-0.5%).
  • Renters will find more reasonable prices in Albuquerque than most other large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than three-and-a-half times the price in Albuquerque.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.