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Explore apartments for rent in Greater Albuquerque, Central New Mexico, NM.
  • the new state group logo for the northeast group
    Today

    520 Sandia View NW, Los Ranchos, NM 87107
    STUDIO Ask for pricing
  • an empty kitchen with stainless steel appliances and white cabinets
    Today

    6134 4Th Street NW, Albuquerque, NM 87107
    STUDIO $991+
    1 BED $1,162+
    2 BEDS $1,413+
  • the preserve at ballantyne commons apartment kitchen with stove and sink
    Today

    320 Wayne Rd NW, Los Ranchos, NM 87114
    2 BEDS $1,300
0-13-nhood
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Greater Albuquerque, Central New Mexico, NM rent trends

Rental prices in Greater Albuquerque, Central New Mexico, NM have increased by 1.48% over the past year. The average rent moved from $1,116 to $1,132.

The national average price of rental apartments is $1,740, while the average monthly rent in Greater Albuquerque, Central New Mexico, NM is $1,132.

Average rent in Greater Albuquerque, Central New Mexico, NM

$1,132/mo Greater Albuquerque, Central New Mexico, NM average rental price, February 2026
Image Average Rent

The average monthly rent for an apartment in Greater Albuquerque, Central New Mexico, NM is around $1,132.

    What's the typical rent budget in Greater Albuquerque, Central New Mexico, NM?

    A share of 41% of apartments in Greater Albuquerque, Central New Mexico, NM have the cheapest rents between ≤ $1000. Around 48% of 's apartments have monthly rents between $1,001-$1,500. There are 10% of apartments with rents between $1,501-$2,000.

    The largest share of rentals in Greater Albuquerque, Central New Mexico, NM (48%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Greater Albuquerque, NM

    18 /100
    Car-Dependent
    48 /100
    Somewhat Bikeable
    Walk Score®: 18, Bike Score®: 48

    Frequently asked questions

    What are the advantages of renting a house in Greater Albuquerque, Central New Mexico, NM?

    Renting a house in Greater Albuquerque, Central New Mexico, NM comes with more space, both indoor and outdoor.

    What are the downsides of renting a house apartment in Greater Albuquerque, Central New Mexico, NM?

    Houses for rent in Greater Albuquerque, Central New Mexico, NM are usually located in non-central areas.

    Greater Albuquerque, Central New Mexico, NM demographics

    • 249,439Total Population
    • 126,118 Female
      123,321 Male
    • 40.2Median Age

    In total, Greater Albuquerque, Central New Mexico, NM has 249,439 residents, 126,118 women and 123,321 men, per U.S. Census recent estimates. Statistics show that the median age of ’s population is 40.2.

    Greater Albuquerque, Central New Mexico, NM households

    • 61,835 Family
      36,092 Non-family
    • 29,564 Children
      68,363 No Children
    • 97,927Total Number of Households
    • 1.8Average People Per Household
    • $84,277Median Household Income

    There is a total of 97,927 households in Greater Albuquerque, Central New Mexico, NM. Of these, 29,564 have children and 68,363 are without children. Per Census Bureau’s most current estimates, 61,835 family households and 36,092 non-family households live in this area. The size of a household in is 1.8 people, on average. The median household annual income in equals $84,277, and the monthly housing costs equal $1,356.

    Greater Albuquerque, Central New Mexico, NM education statistics

    According to data from the U.S. Census Bureau, 5% of the population in Greater Albuquerque, Central New Mexico, NM have no high school education, 34% went to high-school, and 21% have partially completed college. Moreover, 9% of the population hold an Associate Degree, 17% hold a Bachelor Degree, and 14% hold a Graduate Degree.