On-site laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
In unit laundry, Putting green, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Parking, Walk in closets + more
On-site laundry, Pet friendly, 24hr maintenance, Parking, Air conditioning, Ceiling fan + more
On-site laundry, Patio / balcony, Hardwood floors, Pet friendly, Walk in closets, Gym + more
On-site laundry, Dishwasher, Pet friendly, Parking, Pool, and Air conditioning
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
On-site laundry, Patio / balcony, Pet friendly, Parking, Recently renovated, Stainless steel + more
Dishwasher, Dogs allowed, Garage, Range, and Refrigerator
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
On-site laundry, Patio / balcony, Pet friendly, 24hr maintenance, Parking, Recently renovated + more
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
24hr laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Albuquerque, New Mexico is a vibrant city where hot air balloons fill the sky and the Sandia Mountains call for adventure. Known locally as ABQ, the city offers something for everyone, from its chile-infused cuisine to its bustling brewery scene. The colorful galleries of Old Town and ancient Native American sites provide endless exploration for both residents and visitors alike.
Central Avenue runs through some of Albuquerque’s most popular neighborhoods, including Nob Hill, Old Town, and Midtown. These areas are rich with trendy restaurants and cultural venues, ideal if you want to be in the heart of the action. The University of New Mexico sits adjacent to Midtown, offering students easy access to campus and the nearby nightlife. And ABQ Ride, the city’s public transit system, makes commuting around town convenient, whether to the university or other bustling parts of the city.
There’s a wide variety of apartments to rent in Albuquerque that suit different needs and lifestyles. And you can forget the hours of scrolling through Google results for “apartments for rent near me.” Apartment List simplifies finding the best ABQ apartments with our AI-powered Renter Quiz. We’ll quickly match you with listings tailored to your preferences, with filters for amenities like:
Whether you’re looking for a pet-friendly apartment in the North Valley or a spacious two-bedroom with city views, we’ll deliver personalized listings for apartments in Albuquerque, New Mexico that meet your needs.
Apartments for rent in Albuquerque, New Mexico are relatively affordable compared to other large cities in the country. The median rent in Albuquerque is about $1,212 per month, and here’s what you can expect to pay based on unity type:
If you venture into Albuquerque’s suburban neighborhoods, such as Rio Rancho, Santo Domingo Pueblo, and Los Lunas, you’ll find great rental options at lower costs while still enjoying many of the city’s amenities.
To live comfortably in Albuquerque, it’s wise to follow the 30% rule, which suggests you spend no more than 30% of your monthly income on rent. For example, if you’re renting a one-bedroom for $997 per month, you should make about $3,323 to live there comfortably. You can use our rent calculator to estimate what you can afford for apartment rentals in Albuquerque, NM.
With living costs slightly below the national median, Albuquerque is an affordable option for those looking for a new home in New Mexico. The monthly cost of living in Albuquerque is typically about $4,040. This factors in housing, utilities, dining, and entertainment.
Welcome to the Apartment List November 2025 Rent Report for Albuquerque, NM. Currently, the overall median rent in the city stands at $1,221, roughly the same as last month. Prices remain up 0.8% year-over-year. Read on to learn more about what’s been happening in the Albuquerque rental market and how it compares to trends throughout the nation as a whole.
The median rent in Albuquerque fell by 0.5% over the course of October, and has now increased by a total of 0.8% over the past 12 months. Albuquerque’s rent growth over the past year has is similar to the state average (0.3%) and has outpaced the national average (-0.9%).
Ten months into the year, rents in Albuquerque have risen 1.0%. This is a slower rate of growth compared to what the city was experiencing at this point last year: from January to October 2024 rents had increased 4.1%.
Albuquerque rents went down 0.5% in the past month, compared to the national rate of -0.8%. Among the nation's 100 largest cities, this ranks #36. Similar monthly rent growth took place in San Jose, CA (-0.5%) and Oklahoma City, OK (-0.5%).
Citywide, the median rent currently stands at $1,004 for a 1-bedroom apartment and $1,285 for a 2-bedroom. Across all bedroom sizes (ie, the entire rental market), the median rent is $1,221. That ranks #77 in the nation, among the country's 100 largest cities.
For comparison, the median rent across the nation as a whole is $1,214 for a 1-bedroom, $1,367 for a 2-bedroom, and $1,381 overall. The median rent in Albuquerque is 11.6% lower than the national, and is similar to the prices you would find in Indianapolis, IN ($1,233) and New Orleans, LA ($1,193).
Apartment List is committed to the accuracy and transparency of our rent estimates. We begin 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, capturing apartment transactions over time 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. For more details, please see the Apartment List Rent Estimate Methodology.
Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.
Welcome to the Apartment List November 2025 Rent Report for Albuquerque, NM. Currently, the overall median rent in the city stands at $1,221, roughly the same as last month. Prices remain up 0.8% year-over-year. Read on to learn more about what’s been happening in the Albuquerque rental market and how it compares to trends throughout the nation as a whole.
Apartment List has released Albuquerque’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.
"Albuquerque renters expressed general dissatisfaction with the city overall," according to Apartment List. "A couple of categories received above average scores, but many received below average scores."
Key Findings in Albuquerque include the following:
Renters say:
"Albuquerque’s easy to get around and has good shopping and entertainment." -Dale G.
"I love the weather, food and affordability, but the crime rate is a concern." -Carmen B.
"I like Albuquerque because there are lots of things to do and see. The mountains are beautiful, the people are nice, and there are plenty of places to explore." -Archie S.
For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.
If you've ever dreamt of hiking two hours up a mountain in the warm sunshine, camping in the wilderness, and then skiing right back down the mountain into your, then it's not virtual reality you're dreaming about, it's Albuquerque! With over 310 days of sunshine a year, and a very mild, dry winter, people of all ages love the place that the locals call “Burque.”
We've got some good news. It's totally easy to find a great place to live in Albuquerque. There are a lot of available apartments, houses, and houses that have been transformed into apartments and the prices are amazingly low. While location is important (more on that later), Albuquerque is small enough that wherever you rent, you'll always be right next to the great outdoors. In fact, if you drive forty minutes out of town from anywhere in the city, you'll be in the middle of the desert. Another plus? When we say 40 minutes, we mean it. Albuquerque traffic is virtually unheard of (commuters rejoice!)
Now we know you've already got your backpack on and you're raring to go camping, but if you ever want to rejoin the rest of us in polite society, you'll need a place to shower after you come back down that mountain and wherever else will you store all your gear? Let's find you that perfect Albuquerque apartment
View Albuquerque City GuideIf you've ever dreamt of hiking two hours up a mountain in the warm sunshine, camping in the wilderness, and then skiing right back down the mountain into your, then it's not virtual reality you're dreaming about, it's Albuquerque! With over 310 days of sunshine a year, and a very mild, dry winter, people of all ages love the place that the locals call “Burque.”
We've got some good news. It's totally easy to find a great place to live in Albuquerque. There are a lot of available apartments, houses, and houses that have been transformed into apartments and the prices are amazingly low. While location is important (more on that later), Albuquerque is small enough that wherever you rent, you'll always be right next to the great outdoors. In fact, if you drive forty minutes out of town from anywhere in the city, you'll be in the middle of the desert. Another plus? When we say 40 minutes, we mean it. Albuquerque traffic is virtually unheard of (commuters rejoice!)
Now we know you've already got your backpack on and you're raring to go camping, but if you ever want to rejoin the rest of us in polite society, you'll need a place to shower after you come back down that mountain and wherever else will you store all your gear? Let's find you that perfect Albuquerque apartment
The representation of ethnic minorities in Albuquerque is higher than the national average. The eight main ethnic groups that make up the population of Albuquerque are Hispanic Or Latino (50.6%), White (35.9%), American Indian Or Alaska Native (3.9%), Two Or More (3.7%), Asian (3%), Black Or African American (2.7%), Other (0.4%), and Native Hawaiian Or Other Pacific Islander (0%).
The representation of ethnic minorities in Albuquerque is higher than the national average. The eight main ethnic groups that make up the population of Albuquerque are Hispanic Or Latino (50.6%), White (35.9%), American Indian Or Alaska Native (3.9%), Two Or More (3.7%), Asian (3%), Black Or African American (2.7%), Other (0.4%), and Native Hawaiian Or Other Pacific Islander (0%).
Apartment List has released the results for Albuquerque from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.
