Rental market snapshot for Albuquerque, New Mexico
Albuquerque, New Mexico Rental Property Market Overview
The average rent for an apartment in Albuquerque is $1,365. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 3.9% over the past year.
Albuquerque is the largest city in New Mexico and is located in the central part of the state. The city is known for its beautiful scenery, its diverse culture, and its lively nightlife. Albuquerque is home to a number of different museums and art galleries, as well as a variety of different restaurants and bars. The city is also home to a number of different parks and recreation areas.
Last Updated December 23, 2022
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Sign upAverage monthly rent graph in Albuquerque New Mexico | Cost of Living
- The most expensive ZIP Code in Albuquerque is 87113 with an average price of $2,051
- The cheapest ZIP Code in Albuquerque is 87108 with an average price of $705
Albuquerque ZIP Codes with the highest, most expensive rent
| # | zip code | average rent |
|---|---|---|
| 1 | 87113 | $2,051 |
| 2 | 87122 | $1,750 |
| 3 | 87114 | $1,692 |
| 4 | 87121 | $1,650 |
| 5 | 87106 | $1,609 |
| 6 | 87120 | $1,595 |
| 7 | 87111 | $1,505 |
| 8 | 87109 | $1,400 |
| 9 | 87112 | $1,250 |
| 10 | 87107 | $1,125 |
Live near Albuquerque, New Mexico's Top Sights and Attractions
Cottonwood Dog Park is a large, fenced-in area where dogs can play off-leash. The park has a double-gated entry system to prevent dogs from escaping, and there is a separate small dog area. There is also a water feature for dogs to cool off in, and a shaded seating area for humans.
Tingley is an attraction located in Albuquerque, New Mexico. It is a man-made lake that was created in the early 1900s. The lake is located in the middle of a park and is surrounded by trees. There are walking and biking trails around the lake, and there are also picnic areas.
Vista Nueva Park is a scenic park located in Albuquerque, New Mexico. The park offers stunning views of the cityscape, and is a popular spot for picnics, hiking, and bird watching.
El Oso Grande Park is a beautiful park located in Albuquerque, New Mexico. The park is home to a variety of different animals, including bears, elk, and deer. There are also a variety of different plants and trees that can be found in the park.
Jack And Jill is a local Albuquerque attraction that is a must see for anyone visiting the city. The attraction is a two-story house that has been converted into a museum that tells the story of the city's history. The museum is filled with interactive exhibits that allow visitors to learn about the city's past.
Sister Cities Park is a beautiful park located in the heart of Albuquerque. The park features a variety of gardens, a playground, a picnic area, and a walking path. The park is also home to a variety of events throughout the year, including concerts, festivals, and farmers markets.
Sister Cities is a public art installation in Albuquerque, New Mexico. The installation consists of eight sculptures, each representing one of Albuquerque's sister cities. The sculptures are located in a park, and each one is unique.
Highland is an attraction in Albuquerque, New Mexico that is known for its beautiful views of the city. The attraction is located on a hilltop and offers visitors a chance to see the city from a different perspective. Highland is a popular spot for photography and is also a great place to watch the sunset.
Albuquerque, New Mexico area median rent change by ZIP Code map
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Sign upHow does Albuquerque compare to other cities in New Mexico ?
| city | median price |
|---|---|
| Las Cruces | $1,650 |
| Santa Fe | $1,999 |
| Albuquerque | $1,525 |
| Albuquerque | $1,450 |
| Holloman Air Force Base | $1,350 |
| Carlsbad | $1,225 |
| Hobbs | $950 |
| Portales | $551 |
| Hobbs | $850 |
Average household income in Albuquerque area graph - US Census
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Sign upThe median household income in Albuquerque in 2021 was $53,936. This represents a 14.0% change from 2011 when the median was $47,333.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 8.2% |
| 1 | $10,000 to $14,999 | 5.1% |
| 2 | $15,000 to $19,999 | 4.8% |
| 3 | $20,000 to $24,999 | 5.1% |
| 4 | $25,000 to $29,999 | 5.0% |
| 5 | $30,000 to $34,999 | 5.0% |
| 6 | $35,000 to $39,999 | 4.7% |
| 7 | $40,000 to $44,999 | 4.4% |
| 8 | $45,000 to $49,999 | 4.4% |
| 9 | $50,000 to $59,999 | 7.9% |
| 10 | $60,000 to $74,999 | 10.2% |
| 11 | $75,000 to $99,999 | 12.3% |
| 12 | $100,000 to $124,999 | 8.8% |
| 13 | $125,000 to $149,999 | 4.8% |
| 14 | $150,000 to $199,999 | 4.8% |
| 15 | $200,000 or more | 4.6% |
