Albuquerque, NM rental market

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Last updated August 16, 2025

Rental market summary

The average rent for all bedrooms and all property types in Albuquerque, NM is $1,695.

Average rent

$1,695

Month-over-month change

+$95

Year-over-year change

-$5

Available rentals

1,134

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $577 to $16,500.

Rent frequencies
Rent priceNumber of rental properties
$60019
$70054
$80086
$90091
$1,00079
$1,10082
$1,20083
$1,30070
$1,40049
$1,50047
$1,60059
$1,70066
$1,80082
$1,90079
$2,00075
$2,10071
$2,20059
$2,30050
$2,40048
$2,50033
$2,60022
$2,70025
$2,80023
$2,90032
$3,00028
$3,10011
$3,20010
$3,3006
$3,40016
$3,50014
$3,6006
$3,7004
$3,8005
$3,9006
$4,0006
$4,1003
$4,2002
$4,4003
$4,5003
$4,7001
$4,8003
$4,9006
$5,000+10

Average rent price over time

In the last year, rent has decreased by $5 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,500$1,595
Feb$1,550$1,656
Mar$1,583$1,650
Apr$1,530$1,650
May$1,619$1,552
Jun$1,650$1,544
Jul$1,600$1,650
Aug$1,600$1,650
Sep$1,700No data
Oct$1,675No data
Nov$1,650No data
Dec$1,616No data

Market temperature

The Albuquerque, NM rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Albuquerque, NM is 19% lower than the national average.

Albuquerque, NMvs.

$1,695

$2,100

Rent in Albuquerque, NM

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Frequently asked questions

1. What is the average rent in Albuquerque, NM?

The average rent in Albuquerque, NM is $1,695.

2. How much does it cost to rent a house in Albuquerque, NM?

Houses in Albuquerque, NM rent between $577 - $16,500 with an average rent of $1,695.

3. How has the rent in Albuquerque, NM changed in the last year?

In the last year, the rent in Albuquerque, NM decreased by $5

4. How much has the rent in Albuquerque, NM increased/decreased in the last month?

In the last month, the rent in Albuquerque, NM increased by $95

5. How many available rentals are there in Albuquerque, NM?

There are currently 1,134 rentals available in Albuquerque, NM.

6. How do rent prices in Albuquerque, NM compare with the national average?

The average rent in Albuquerque, NM is $1,695 — 19.29% lower the national average of $2,100.