Apartments for Rent in Albuquerque, NM

Prices and availability in Albuquerque, NM were last updated on 19 May 2026.

The best apartments in Albuquerque, NM are: Altezza High Desert, Arterra, Acacia Gardens, Broadstone Towne Center and The Pearl at Spring Creek.

The average rent in Albuquerque, NM is $1,366.

The price range for a studio apartment in Albuquerque, NM is between $573 and $2,790.

The price range for a 1-bedroom apartment in Albuquerque, NM is between $441 and $5,195.

The price range for a 2-bedroom apartment in Albuquerque, NM is between $645 and $5,659.

The price range for a 3-bedroom apartment in Albuquerque, NM is between $899 and $8,616.

In Albuquerque, 38% of the residents are renting compared to 62% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of Albuquerque's rentals, 55% are small-scale complexes with under 50 units, and 25% are single-family rentals.

The average age of rental buildings in Albuquerque is 35 years old, with 27% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 97% are garden-style apartment communities, 3% are mid-sized buildings, and 0.5% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Albuquerque are around 9% of rentals, while 1-bedroom floor plans represent 42% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 40% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.