Apartments for Rent in Albuquerque, NM

Prices and availability in Albuquerque, NM were last updated on 20 Aug 2026.

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

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

The price range for a studio apartment in Albuquerque, NM is between $726 and $2,238.

The price range for a 1-bedroom apartment in Albuquerque, NM is between $95 and $5,516.

The price range for a 2-bedroom apartment in Albuquerque, NM is between $680 and $5,277.

The price range for a 3-bedroom apartment in Albuquerque, NM is between $929 and $7,841.

In Albuquerque 38% of the housing is rented out compared to 62% of homes are owned, according to the most recent Census Bureau estimates. 19% of Albuquerque's apartments are found in large buildings of 50 units or more, 55% are located in smaller apartment complexes with less than 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.