Apartments for Rent in Albuquerque, NM (with reviews & photos)

Q: When were prices and availability in Albuquerque, NM last updated?

Prices and availability in Albuquerque, NM were last updated on 31 Mar 2023.

Q: What are the best apartments in Albuquerque, NM?

The best apartments in Albuquerque, NM are: Arterra , Altezza High Desert , Acacia Gardens , Broadstone Towne Center and Encanto Lofts Apartments .

Q: What’s the average rent in Albuquerque, NM?

The average rent in Albuquerque, NM is $1,281. Start your search for apartments in Albuquerque, NM now.

Q: What is the price range for a studio apartment in Albuquerque, NM?

The price range for a studio apartment in Albuquerque, NM is between $500 and $3,563. View all studio apartments in Albuquerque, NM .

Q: What is the price range for a 1-bedroom apartment in Albuquerque, NM?

The price range for a 1-bedroom apartment in Albuquerque, NM is between $599 and $4,805. Browse all available 1-bedroom apartments in Albuquerque, NM now.

Q: What is the price range for a 2-bedroom apartment in Albuquerque, NM?

The price range for a 2-bedroom apartment in Albuquerque, NM is between $699 and $5,899. Browse and find a 2-bedroom apartment in Albuquerque, NM .

Q: What is the price range for a 3-bedroom apartment in Albuquerque, NM?

The price range for a 3-bedroom apartment in Albuquerque, NM is between $800 and $6,400. Browse all available 3-bedroom apartments in Albuquerque, NM .

Q: What type of rental buildings are in Albuquerque, NM?

In Albuquerque 40% of the housing is rented out compared to 60% of homes are owned, according to the most recent Census Bureau estimates. 16% of Albuquerque’s apartments are found in large buildings of 50 units or more, 54% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.

Q: What do typical apartment communities look like in Albuquerque, NM?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Albuquerque are about 34 years old, on average. Of these, 23% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 98% of the rental communities here are low-rise, garden-style communities, 2% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Q: What apartment floorplans are common in Albuquerque, NM?

Studio apartments in Albuquerque are around 9% of rentals, while 1-bedroom floor plans represent 41% 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.

Popular searches Average rent Renters guide Demographics

Rent prices in cities near Albuquerque, NM

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Rent prices in Albuquerque, NM's popular neighborhoods

Apartments in Taylor Ranch $1,468
Apartments in Downtown Albuquerque $1,021
Apartments in Uptown Albuquerque $1,045
Apartments in San Antonio $1,252
Apartments in High Desert $1,398
Apartments in Old Town Albuquerque $1,249
Apartments in Greater Gardner $1,050
Apartments in Jerry Cline Park $1,045
Apartments in Tres Placitas $1,481
Apartments in Trumbull Village $979

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Popular zip codes in Albuquerque, NM

Nearby cities

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Average rent in Albuquerque, NM

$1,281/mo Albuquerque, NM average rental price, February 2023

The average monthly rent of apartments in Albuquerque, NM is $1,281.

Albuquerque, NM apartment rent ranges

About 24% of apartment rents in Albuquerque, NM range between $701-$1,000. Meanwhile, apartments priced over $1,001-$1,500 represent 47% of apartments. Around 4% of Albuquerque’s apartments are in the $501-$700 price range. 1% of apartments are priced < $500.

Albuquerque, NM rent trends

Check out the average rent prices in Albuquerque by neighborhood.

Compared to the national average rent of $1,702, the average rent in Albuquerque, NM is $1,281.

Getting around in Albuquerque, NM

64 /100

Somewhat Walkable

34 /100

Some Transit

79 /100

Very Bikeable

Walk Score®: 64, Transit Score®: 34, Bike Score®: 79

Frequently asked questions

When were prices and availability in Albuquerque, NM last updated?

Prices and availability in Albuquerque, NM were last updated on 31 Mar 2023.

What are the best apartments in Albuquerque, NM?

The best apartments in Albuquerque, NM are: Arterra, Altezza High Desert, Acacia Gardens, Broadstone Towne Center and Encanto Lofts Apartments.

What is the average rent in Albuquerque, NM?

The average rent in Albuquerque, NM is $1,281. Start your search for apartments in Albuquerque, NM now.

What is the price range for a studio apartment in Albuquerque, NM?

The price range for a studio apartment in Albuquerque, NM is between $500 and $3,563. View all studio apartments in Albuquerque, NM.

What is the price range for a 1-bedroom apartment in Albuquerque, NM?

The price range for a 1-bedroom apartment in Albuquerque, NM is between $599 and $4,805. Browse all available 1-bedroom apartments in Albuquerque, NM now.

What is the price range for a 2-bedroom apartment in Albuquerque, NM?

The price range for a 2-bedroom apartment in Albuquerque, NM is between $699 and $5,899. Browse and find a 2-bedroom apartment in Albuquerque, NM.

What is the price range for a 3-bedroom apartment in Albuquerque, NM?

The price range for a 3-bedroom apartment in Albuquerque, NM is between $800 and $6,400. Browse all available 3-bedroom apartments in Albuquerque, NM.

What type of rental buildings are in Albuquerque, NM?

In Albuquerque 40% of the housing is rented out compared to 60% of homes are owned, according to the most recent Census Bureau estimates. 16% of Albuquerque’s apartments are found in large buildings of 50 units or more, 54% are located in smaller apartment complexes with less than 50 units, and 27% are single-family rentals.

What do typical apartment communities look like in Albuquerque, NM?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Albuquerque are about 34 years old, on average. Of these, 23% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 98% of the rental communities here are low-rise, garden-style communities, 2% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Albuquerque, NM?

Studio apartments in Albuquerque are around 9% of rentals, while 1-bedroom floor plans represent 41% 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.

Renter's guide to Albuquerque, NM

Located along the deserts of New Mexico, Albuquerque is a sight for sore eyes – or nature lovers.

With a huge number of parks both in and around the city – including over half a dozen national parks –Albuquerque is unbeatable when it comes to natural beauty.

In fact, US News recently rated Albuquerque as one of the top 50 best places to live. What's all the fuss about? We'll tell you.

Albuquerque is 189 square miles wide. For comparison, that makes it roughly half the size of Dallas, Texas and 33% the size of Phoenix, Arizona.

The city of Albuquerque sits 449 miles from Denver, 421 miles from Phoenix, and 267 miles from El Paso, the Texas city that's right on the Mexican border.

Albuquerque has a cool, semi-arid climate. You can count on at least 300 days of full sunshine per year, and the city spends about 15 to 20% of the year at temperatures over 90ºF.

Winter temperatures occasionally get close to or below freezing, but it rarely snows because of the city's low annual precipitation.

Spring and fall are very temperate, with cooler temperatures that hover in the 60s, 70s, and 80s.

Tips for renting in Albuquerque, NM

Before you start packing, let's talk about some of the tenant laws in Albuquerque.

By renting a property, you're agreeing to certain things, like paying rent and taking care of the property. If you fail to follow these rules, your landlord can give you a seven day notice – which has to come within 30 days of the rule that you broke.

During the first seven days, you have the opportunity to fix the problem; one example would be paying overdue rent. If you commit the same violation within six months of the first, the landlord will give you a second seven day notice.

But this time, you won't have the opportunity to fix the problem. You'll be forced to either move out within those 7 days or be evicted.

Albuquerque, NM demographics

562,336Total Population
286,659 Female

275,677 Male
37.5Median Age

Albuquerque, NM has a population of 562,336 according to the most recent data from the U.S. Census Bureau. 286,659 of Albuquerque’s residents are women and 275,677 are men. The median age of those who live in Albuquerque, NM is 37.5.

Living in Albuquerque, NM

One of the first things you notice about Albuquerque is its natural beauty. Clear, blue skies, warm but not too warm weather, and tons of parks. In fact, over 25% of the city is dedicated to parks – that's more than any other metro in the country.

Albuquerque's also got an interesting blend of cultures. Its proximity to the Mexican border and large Hispanic community make for some great dining options.

Of course, it's not all sunshine and good food. Albuquerque does struggle with some poverty and crime in certain areas.

Albuquerque, NM households

132,887 Family

103,304 Non-family
63,480 Children

172,711 No Children

236,191Total Number of Households
2.36Average People Per Household
$56,366Median Household Income

According to U.S. Census data, there are 236,191 households in Albuquerque, NM. 132,887 are family households and 103,304 are non-family households. There are 63,480 households with children in Albuquerque and 172,711 households without children. On average, about 2.36 people live in a household in Albuquerque, NM.

Things to do in Albuquerque, NM

You've got the day free and you're looking for something to do. Where will you go? First, let's lay out your options.

The Albuquerque Biological Park alone has tons of things to check out. There's a zoo, an aquarium, a botanical garden, and Tingley Beach, where the whole family can do some fishing or boating.

Other popular nature options around Albuquerque include Sandia Peak, La Luz Trail, and Rio Grande Nature Center State Park.

If you're in the mood to explore a little culture, history, or science, you'll love the Indian Pueblo Cultural Center, Explora Science Center, New Mexican Museum of Natural History and Science, Petroglyph National Monument, or the National Museum of Nuclear Science and History. That's a lot!

But you really don't want to miss the Albuquerque International Balloon Fiesta. Every fall, hot air balloon enthusiasts from around the world gather to spend over a week filling the air with hundreds of hot air balloons at a time. It's really a site to behold – maybe that's why it's earned a reputation as one of the most photographed events in the world.

Sports fans aren't left out in Albuquerque either. For that, you can hit up a University of New Mexico Lobos game or head over to watch the Albuquerque Isotops minor league baseball team, a fan favorite.

Albuquerque, NM employment & economy

Albuquerque's biggest industries include manufacturing, energy (like solar and nuclear), aerospace, and defense.

Intel and General Mills are just two of the major companies that do their manufacturing in Albuquerque. Kirtland Air Force Base also employs tens of thousands of civilians from the city.

Education in Albuquerque, NM

Albuquerque's most prominent college is the University of New Mexico, which has one of the best medical schools in the country.

Another option is Central New Mexico Community College, especially for students seeking a shorter degree. There's also a school that caters to Native Americans – and has students from over 120 tribes –called the Southwestern Indian Polytechnic Institute.

Albuquerque, NM education statistics

The level of education of the population of Albuquerque, NM is as follows: 3% have no high school education, 28% completed some high school, 27% partially completed college, 8% have an Associate Degree, 18% have a Bachelor Degree, and 15% have a Graduate Degree.

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Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Albuquerque, NM. Easily search through a wide selection of apartments for rent in Albuquerque, NM, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Albuquerque, NM apartments with rents starting from $500 and submit your rental application today!

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4.5/5 Anonymous on Feb 5, 2023

We have been here about 4 years and the experience has been quite positive. Very little interaction with other residents as age group is quite spread out with both working and non-working residents. Fairly large turnover.

4.5/5 Anonymous on Mar 30, 2022

The best place to live in Albuquerque. Close to hiking, shopping and dining.

4.5/5 Anonymous on Oct 30, 2022

Living there is wonderful place nice and quiet, amazing neighbors.

4/5 Luz A. on Feb 1, 2023

I have lived over a year. And my needs have been met. Except that I'm not sure that I will be able to afford the raise on rent.

Apartments for Rent in Albuquerque, NM 628 Rentals Available

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