Albuquerque, NM Rental Market Trends
What is the average rent in Albuquerque?
The average rent for an apartment in Albuquerque is $917. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Albuquerque, NM
Last updated January 2020
Average Rent | Average Apartment Size |
---|---|
$917 | 810 sq. ft. |
What is the average apartment size in Albuquerque?
The average size for a Albuquerque, NM apartment is 810 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Albuquerque, NM apartment rent ranges
Albuquerque, NM Occupied Housing Units
94,192 or 40% of the households in Albuquerque, NM are renter-occupied while 141,999 or 60% are owner-occupied.