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Studio Apartments for Rent in McKinley, Albuquerque, NM - 29 Rentals available

Frequently Asked Questions

What are the advantages of renting a studio apartment in McKinley, Albuquerque, NM?

Studio apartments in McKinley, Albuquerque, NM tend to be more affordable than other apartments and they have lower utility costs.

What are the downsides of renting a studio apartment in McKinley, Albuquerque, NM?

One of the downsides of living in a studio apartment is the limited storage space. You might be interested in 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in McKinley, Albuquerque, NM.

McKinley, Albuquerque, NM Demographics

  • Total Population38,495
  • Female 18,510
    Male 19,985
  • Median Age42

Average Rent in McKinley, Albuquerque, NM

  • McKinley, Albuquerque, NM Average Rental Price, June 2021 $799 /mo

McKinley, Albuquerque, NM Apartment Rent Ranges

  • < $5009%
  • $501-$70038%
  • $701-$1,00032%
  • $1,001-$1,50018%
  • $1,501-$2,0003%

McKinley, Albuquerque, NM Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Jun / 2021
McKinley, Albuquerque, NM $711 $711 $737 $736 $746 $775 $769 $777 $799 $799
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407

McKinley, Albuquerque, NM Households

  • Total Number of Households17,238
  • Family 8,985
    Non-family 8,253
  • Children 3,560
    No Children 13,678
  • Average People Per Household2.21
  • Median Household Income$52,233
  • Median Housing Costs Per Month$892

McKinley, Albuquerque, NM Education Statistics

  • No High School2%
  • Some High School30%
  • Some College33%
  • Associate Degree8%
  • Bachelor Degree26%

Renting a studio apartment in McKinley, Albuquerque, NM

Looking to find an efficiency apartment in McKinley, Albuquerque, NM? You’re not the only one. Studio apartments are one of the most searched types of rental housing in McKinley, Albuquerque, NM. They give you the advantage of living in a trendy neighborhood close to work, shopping, dining, entertainment and public transportation while keeping your rent expense at a minimum. In McKinley, Albuquerque, NM you have no less than 14 properties to choose from, offering a total of 29 small apartments. The average rent in McKinley, Albuquerque, NM is currently $1,046, but if you want to spend as little as possible, affordable single bedroom apartments go for as low as $455 per month.

Efficiency apartment vs bachelor flat: which one is right for you?

Cheap studios and efficiency apartments normally have the kitchen in the main room, which is a major discouraging factor for renters… But don’t let this scare you away: there are always some exceptions that prove the rule, and it’s worth locating them in McKinley, Albuquerque, NM too. Some newer apartment buildings have very spacious floor-plans with layouts that allow you to divide the sleeping and living space for more privacy and comfort. A few design tricks, like a well-placed mirror, a bookshelf divider and functional space-saving furniture can make all the difference. As a benchmark, keep in mind that, in this neighborhood, apartments offer about 729 Sq.Ft. of living space, on average. Be prepared that bachelor flats with a separate kitchen tend to be a bit more expensive than your average one room apartment. If you plan on cooking and eating in a lot, it may be worth spending the extra dollars per month to have your kitchen separate from your bedroom/living area. It all comes down to finding a studio apartment that fits your lifestyle and your personal preferences.

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