Downtown Albuquerque, Albuquerque, NM Rental Market Trends
Last updated: February 26, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Albuquerque is $1,124, a 1% increase compared to the previous year, when the average rent was $1,113.
Studio Apartments at $901 offer the most budget-friendly option with 455 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 639 square feet for $1,128, balancing privacy and affordability.
Two-beedroom units at $1,430 offer 887 square feet, perfect for roommates or small families.
Average rent in Downtown Albuquerque, Albuquerque, NM
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,124 | 632 sq. ft. |
| Studio | $901 | 455 sq. ft. |
| 1 Bed | $1,128 | 639 sq. ft. |
| 2 Beds | $1,430 | 887 sq. ft. |
| 3 Beds | n/a | n/a |
Downtown Albuquerque, Albuquerque, NM rent trends
Rental prices in Downtown Albuquerque, Albuquerque, NM have increased by 1% over the past year. The average rent moved from $1,113 to $1,124.
What's the typical rent budget in Downtown Albuquerque, Albuquerque, NM?
The largest share of rentals in Downtown Albuquerque, Albuquerque, NM (56%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Albuquerque, Albuquerque, NM?
983 or 60% of the households in Downtown Albuquerque, Albuquerque, NM are renter-occupied while 657 or 40% are owner-occupied.
Most affordable neighborhoods in Downtown Albuquerque?
Mark Twain $836/month
Princess Jeanne $901/month
Trumbull Village $905/month
All of these neighborhoods fall below the city wide average of $1,360/month.Most expensive neighborhoods in Downtown Albuquerque?
San Jose $1,987/month
Stonebridge $2,072/month
Clayton Heights - Lomas Del Cielo $2,372/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Albuquerque, NM By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Clayton Heights - Lomas Del Cielo | $2,372 |
| Stonebridge | $2,072 |
| San Jose | $1,987 |
| Nor Este | $1,973 |
| Vineyard Estates | $1,841 |
| University Heights - North Campus | $1,641 |
| Academy Ridge East | $1,618 |
| Taylor Ranch | $1,575 |
| Tres Placitas | $1,547 |
| Southeast Heights | $1,546 |
| Trails West | $1,539 |
| Eagle Ranch | $1,457 |
| Huning Castle | $1,434 |
| Oso Grande - Lincoln Green | $1,416 |
| Cottonwood Corners | $1,414 |
| Osuna Park | $1,398 |
| Academy Estates East | $1,382 |
| Academy Place | $1,380 |
| Near North Valley | $1,370 |
| Stardust Skies | $1,362 |
| Royal Heights North - Breeze at South Peak | $1,356 |
| Andreson Hills | $1,336 |
| Sycamore | $1,330 |
| S.R. Marmon | $1,322 |
| Quail Ridge - Grandview Heights | $1,311 |
| Academy Acres North | $1,280 |
| ElDorado Heights | $1,266 |
| Uptown Albuquerque | $1,244 |
| Del Norte | $1,220 |
| Arroyo Del Oso | $1,206 |
| Hodgin | $1,194 |
| Los Volcanes | $1,162 |
| Supper Rock - Eastrange Piedra Vista | $1,135 |
| Downtown Albuquerque | $1,124 |
| North Eastern Albuquerque | $1,114 |
| Netherwood Park | $1,108 |
| Cielito Lindo - Candlelight Park | $1,085 |
| Montgomery Park | $1,085 |
| McKinley | $1,068 |
| Santa Barbara - Martineztown | $1,047 |
| Jerry Cline Park | $1,025 |
| Montgomery Heights - Luecking Park | $1,021 |
| Singing Arrow | $1,012 |
| West Mesa | $1,004 |
| South San Pedro | $982 |
| Manzano Manor | $961 |
| Trumbull Village | $905 |
| Princess Jeanne | $901 |
| Mark Twain | $836 |
Albuquerque | Rent Comparison by Neighborhood
Rent in Downtown Albuquerque is 12% lower than in Academy Acres North
Downtown Albuquerque rent is the same as Albuquerque average
Academy Acres North rent is 14% higher than Albuquerque average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Albuquerque apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.