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3 Bedroom Apartments for Rent in Albuquerque, NM - 52 Rentals available

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Albuquerque, NM Demographics

  • Total Population559,202
  • Female 272,840
    Male 286,362
  • Median Age36.3

Average Rent in Albuquerque, NM

  • Albuquerque, NM Average Rental Price, February 2020 $922 /mo

    Albuquerque, NM Apartment Rent Ranges

    • < $5001%
    • $501-$70021%
    • $701-$1,00050%
    • $1,001-$1,50022%
    • $1,501-$2,0004%
    • > $2,0001%

    Albuquerque, NM Rent Trends

    Average Rent Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Feb / 2020
    Albuquerque, NM $811 $817 $833 $843 $836 $850 $868 $869 $894 $920 $922
    National $1,340 $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
    /

    Albuquerque, NM Households

    • Total Number of Households222,748
    • Family 130,100
      Non-family 92,648
    • Children 64,557
      No Children 158,191
    • Average People Per Household2.48
    • Median Household Income$51,128
    • Median Housing Costs Per Month$961

    Albuquerque, NM Education Statistics

    • No High School4%
    • Some High School30%
    • Some College28%
    • Associate Degree8%
    • Bachelor Degree17%
    • Graduate Degree14%

    Renting a 3 bedroom apartment in Albuquerque, NM

    With 49 apartments in Albuquerque, NM, it can be hard finding just the right 3 bedroom apartment. Before you even start thinking about size, price and features, you have to choose a neighborhood. And that’s no easy task, considering that, depending on the area, you get a wide range of rentals in Albuquerque, NM, from very cheap to very expensive. Then you also have to factor in the distance to work, kindergarten and/or school. It’s an important decision, as most likely you’re going to spend the next couple of years in this apartment with your family. You are not just searching for an apartment to live in, you’re searching for a home. The internet is supposed to help, but it only confuses you further with redundant lists of things you should pay attention to. We know the feeling very well. Let us give you just one piece of advice: take the rational path and get your priorities right. The only person who knows what type of apartment you need is you. Create a mental or written list of things you absolutely cannot live without, filter accordingly. If a balcony or a garage is absolutely crucial, then head on to the filters section and check the ones you want. This way you will save time by skipping the apartments that don’t meet your criteria.

    Is choosing a cheap apartment worth it?

    There are certainly plenty of options among our 49 available units in Albuquerque, NM if you’re considering also cheap 3 bedroom apartments. But are they worth considering? Certainly. Yet, you should not get carried away with very low prices, as your decision is not affecting only you. Most probably you’re moving with a family, and for the next few years this will be the place where your children will create memories. Good or bad. Remember how much you hated staying between four walls when you were a kid? Are there any playgrounds or parks around? Neighborhood amenities are important too. Cheap apartments in Albuquerque, NM have low prices mostly because of their location. Take into account your morning commute. With children morning commutes are quite long anyway, so moving to that amazing apartment in Del Norte can quickly become a drag if it’s on the opposite end of town than your job or the oldest one’s school. That being said, cheap apartments can be really good deals, but not at any price.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!