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Studio Apartments for Rent in Albuquerque, NM - 26 Rentals available

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Albuquerque, NM Demographics

  • Total Population556,092
  • Female 270,525
    Male 285,567
  • Median Age35.7

Average Rent for Studios in Albuquerque, NM

  • The average rent for studios in Albuquerque, NM, September 2018$834/mo
  • Studio$552
  • 1 Bedroom$736
  • 2 Bedrooms$912

Albuquerque, NM Studios Rent Ranges

  • < $50025%
  • $501-$70070%
  • $701-$1,0003%
  • $1,001-$1,5002%

Albuquerque, NM Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Sep / 2018 $834 $552
Jan / 2018 $834 $552
Sept / 2017 $840 $557
May / 2017 $832 $555
Jan / 2017 $816 $543
Sept / 2016 $810 $540
May / 2016 $800 $531
Jan / 2016 $791 $527
Sept / 2015 $790 $515
May / 2015 $786 $513

Albuquerque, NM Households

  • Total Number of Households222,098
  • Family 132,547
    Non-family 89,551
  • Children 67,668
    No Children 154,430
  • Average People Per Household2.48
  • Median Household Income$47,030
  • Median Housing Costs Per Month$920

Albuquerque, NM Education Statistics

  • No High School4%
  • Some High School31%
  • Some College27%
  • Associate Degree8%
  • Bachelor Degree17%
  • Graduate Degree13%

Renting a studio apartment in Albuquerque, NM

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Albuquerque, NM is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 9 listings with a total of 26 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time. Already a fan of living small? Why don’t you check out our selection of one room apartments—there’s always a better deal out there, you just have to know where to look for it (Fair West is the cheapest neighborhood in town—wink wink).

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. The Albuquerque, NM average rent is currently at $948, but a single-bedroom apartment in Albuquerque, NM can be yours for as low as $518 per month. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Albuquerque, NM with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range. The currently the most expensive studio apartment in Albuquerque, NM costs a monthly $2,810.