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Apartments for Rent in Albuquerque, NM 87110

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What to Know About

Living in 87110

Albuquerque is known for its magnificent scenery, rich cultural heritage, and thriving arts scene. This city is a melting pot of modern amenities and cultural diversity, surrounded by breathtaking desert landscapes. Immerse yourself in Albuquerque's unique history by visiting landmarks, such as the National Museum of Nuclear Science & History, Indian Pueblo Cultural Center, Petroglyph National Monument, or the Albuquerque Old Town offers an array of museums, galleries, and shops, all reflecting the city's deep roots.

Outdoor enthusiasts will be thrilled with the vast array of exploration opportunities, such as the stunning Sandia Mountains, which offer hiking, skiing, and breathtaking views of the city. And be sure to check out the Albuquerque International Balloon Fiesta, which offers an unforgettable experience as hundreds of hot air balloons fill the sky with vibrant colors and shapes. In addition, the city is renowned for its food scene featuring flavors of the Southwest, including its famous New Mexico green chili.

Come and experience the enchanting city of Albuquerque. From its radiant beauty to its unique culture and unforgettable experiences, it's easy to see why Albuquerque is a great place to live.

Rental Market Trends

Albuquerque, NM

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As of November 2026, Albuquerque's rental market is balanced, with rentals spending about 28 days on the market, slower than in New Mexico (23), and rents down 1.3% over the past year. Albuquerque's average rent is 5.4% ($86) lower than the New Mexico average of $1,587 and 26.3% ($535) lower than the U.S. average of $2,036.

Average Rent
$1,501
Monthly ChangeMonth Over Month Change
Increased0.59% ($9)
Yearly ChangeYear Over Year Change
Decreased1.3% ($19)
Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,208 Increased0.85% ($10) Decreased0.1% ($2)
2 Beds $1,572 Increased0.60% ($9) Decreased2.6% ($41)
3 Beds $2,045 Decreased0.28% ($6) Decreased0.7% ($14)
Nearby Cities Average Rent Avg. Rent vs. AlbuquerqueAverage Rent vs. Albuquerque Days on Market
Rio Rancho $1,886 Increased25.6% ($385) 25 days
Corrales $2,224 Increased48.2% ($723) 28 days
Bosque Farms $1,493 Decreased0.5% ($8) 28 days
Cedar Crest $2,386 Increased59.0% ($885) 28 days
Tijeras $1,677 Increased11.7% ($176) 27 days
Based on rentals advertised on RentalSource in and around Albuquerque.
Frequently Asked Questions
Albuquerque Rental Market FAQs

Explore rental prices, market conditions, and affordability in Albuquerque, NM.

The average rent in Albuquerque, NM is $1,501 per month.
In Albuquerque, the average rent is $1,208 per month for a 1-bedroom apartment, $1,572 for a 2-bedroom apartment and $2,045 for a 3-bedroom apartment.
The average rent in Albuquerque is 26.3% ($535) lower than the national average of $2,036 per month.
The rental market in Albuquerque, NM is currently balanced, with rentals spending about 28 days on the market, slower than in New Mexico (23), and rents down 1.3% over the past year.
Based on the current averages, a household would need an annual income of $62,900 to comfortably afford a 2-bedroom apartment in Albuquerque.
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