$1,400
Average Rent
$1,250
Median Rent
+5.2%
Year-over-Year Growth
6.1%
Vacancy Rate
About Albuquerque, NM
Albuquerque offers stunning mountain views and a very affordable Southwestern lifestyle.
Popular Neighborhoods in Albuquerque
Nob Hill
$1,600/moHistoric Route 66 district with trendy shops.
Old Town
$1,500/moThe cultural heart of the city.
North Valley
$1,350/moQuiet residential area with high stability.
Albuquerque Rental Market Insights
Growth in the film industry is driving a new renter demographic.
Sandia National Labs provide a stable base of tenants.
Consistent rental demand for the region.
Frequently Asked Questions
Is rent cheap in Albuquerque?
Yes, it offers great value for the Mountain West.