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Apartments for rent in Albuquerque, NM

Living in Albuquerque

Nestled in the heart of New Mexico, Albuquerque offers a unique mix of cultural heritage, outdoor adventure, and modern living. Known for its stunning desert landscapes and vibrant arts scene, the city is a haven for those who appreciate both nature and creativity. Neighborhoods like Nob Hill boast trendy shops, cafes, and nightlife, while Uptown provides a more polished suburban feel with easy access to shopping and dining. For families, areas like Taylor Ranch and the North Valley offer larger homes and proximity to parks and schools. With its year-round sunshine and access to the Sandia Mountains, Albuquerque is perfect for those who love an active lifestyle paired with a relaxed pace of living.

Life in Albuquerque

Average rental prices

Studio
$943
1 Bedroom
$1,319
2 Bedroom
$1,612
3 Bedroom
$2,001

Great for

  • Outdoor enthusiasts
  • Artists/creatives
  • Families seeking affordable living

Best Apartments in Albuquerque

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Apartment Deals in your area

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Apartment List vs Traditional Search Websites

It’s everything the old way of finding an apartment isn’t.

Benefits of using Apartment List:

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    Apartment searching that doesn’t suck.

    Apartment List transforms rental search into a guided journey — not an ad-driven scroll-fest. We help you move forward with clarity, ease, and confidence.

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    Transparency and Support

    Transparent info. Reliable support — text properties 24/7*. We obsess over peace of mind, not page views.

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    You Win, We Win Business Model.

    Unlike traditional apartment search websites who get paid for clicks, we win when renters win.

Feature Comparison Table

A comparison table showing features available with Apartment List versus other sites. Checkmarks indicate available features, X marks indicate unavailable features.
Personalized Matches
Personalized Matches: 'Available with Apartment List
Personalized Matches: Not available with other sites
Updated Listings**
Updated Listings**: 'Available with Apartment List
Updated Listings**: Not available with other sites
Built for Mobile
Built for Mobile: 'Available with Apartment List
Built for Mobile: Not available with other sites
Tour Instantly***
Tour Instantly***: 'Available with Apartment List
Tour Instantly***: Not available with other sites
We Win When You Do
We Win When You Do: 'Available with Apartment List
We Win When You Do: Not available with other sites
* Text 24/7 is enabled for 95% of properties marked as “verified” and is available for registered users** Listings updated daily. Pertains to properties we have direct contact with, marked as “verified”. Properties that are displayed via third-party listing feeds might not have that functionality*** Half of verified properties on our website have instant booking functionality

User Testimonials

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"Very efficient and user friendly search tool for finding your next home!"
Tobi T.
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Rental pricing trends in Albuquerque, NM

The average rent for a 1 bedroom apartment in Albuquerque, NM is $1,319, while the average rent for a 2 bedroom apartment is $1,612.

Rent rates updated 1 day ago. Averages are based on the rental prices of properties listed on Apartment List.

How many bedrooms do you need?
Availability of rentals by price
Rental Price Graph
1 Bedroom
$0 1 2 3 4 5 6 7 8 9,0 1 2 3 4 5 6 7 8 90 1 2 3 4 5 6 7 8 90 1 2 3 4 5 6 7 8 9
Average rent
0 1 2 3 4 5 6 7 8 90 1 2 3 4 5 6 7 8 90 1 2 3 4 5 6 7 8 9
Units available
0%Rent trend (YoY)(for all bed counts)

Best Time to Rent in Albuquerque, NM

Discover the optimal times to rent in your city based on seasonal market insights*, helping you make informed decisions and get the best value.

Chart showing rental market conditions trends over 12 months. Data points: Jan: Low, Feb: Low, Mar: Moderate, Apr: Moderate, May: High, June: High, July: Highest, Aug: High, Sept: Moderate, Oct: Lower, Nov: Low, Dec: Lowest

Insights for Albuquerque, NM

Albuquerque’s rental market is stabilizing after rapid growth, with a significant influx of new luxury apartments giving renters more leverage, especially at the high end. Demand for single-family rentals remains strong, and those homes tend to lease quickly. If you’re planning to stay long-term, it’s worth comparing rent versus buying, as strong rental demand is also pushing home prices upward.

* Insights are based on relative assessments provided by Perplexity AI.

Luxury spaces you'll love

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FAQs answered by renters in Albuquerque, NM

Renting in Albuquerque: Tips and local insights

Navigate apartment hunting and city life like a local with our curated articles about Albuquerque, New Mexico.

  • cost-of-living-in-albuquerque-nm.png
    Data & Rent Estimates

    Cost of Living in Albuquerque, NM [2025]

    Read full story

Renter Satisfaction

Apartment List has released Albuquerque’s results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.

"Albuquerque renters expressed general dissatisfaction with the city overall," according to Apartment List. "A couple of categories received above average scores, but many received below average scores."

  • Overall30%
  • Affordability100%
  • Taxes80%
  • Weather70%
  • Commute time40%
  • Schools30%
  • Public transit30%
  • Pet friendly30%
  • Career10%
  • Dating10%
  • Recreation10%
  • Safety0%

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