Rental market snapshot for Albuquerque, New Mexico
Albuquerque, New Mexico Rental Property Market Overview
Albuquerque, New Mexico is a vibrant city with a population of 562,599 as of 2021, according to the US Census. It is the largest city in the state and is known for its diverse culture, vibrant nightlife, and stunning desert landscapes. The city is home to a variety of attractions, including the Sandia Mountains, the Rio Grande Zoo, and the Albuquerque International Balloon Fiesta. With its unique blend of cultures, Albuquerque is a great place to visit and explore.
The average rent for an apartment in Albuquerque is $1,533. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated November 21, 2023
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Average monthly rent graph in Albuquerque New Mexico | Cost of Living
- The most expensive ZIP code in Albuquerque is 87122 with an average price of $2,149.
- The cheapest ZIP code in Albuquerque is 87108 with an average price of $1,043.
Albuquerque ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 87122 | $2,149 |
| 2 | 87113 | $2,092 |
| 3 | 87120 | $1,821 |
| 4 | 87114 | $1,696 |
| 5 | 87111 | $1,667 |
| 6 | 87109 | $1,529 |
| 7 | 87106 | $1,497 |
| 8 | 87121 | $1,460 |
| 9 | 87104 | $1,369 |
| 10 | 87112 | $1,344 |
Live near Albuquerque, New Mexico's Top Sights and Attractions
Cottonwood Dog Park is a large, off-leash dog park located in a scenic area with plenty of trees and grassy areas. It features two separate fenced-in areas for small and large dogs, as well as a large pond for swimming and a walking trail. There are plenty of benches and picnic tables for owners to relax and enjoy the outdoors. The park also offers plenty of amenities such as water fountains, waste bags, and even a doggy shower.
Tingley is an outdoor recreational area located along the banks of the Rio Grande river. It features a variety of activities, such as walking and biking trails, fishing, and bird watching. There is also a large pond with a fountain, a playground, and picnic areas. The area is surrounded by lush vegetation, including cottonwood and willow trees, and is a great spot to relax and enjoy nature.
Vista Nueva Park is a picturesque outdoor destination located in the foothills of the Sandia Mountains. Visitors can enjoy breathtaking views of the surrounding landscape, as well as a variety of recreational activities. The park features a large playground, picnic areas, walking trails, and a disc golf course. There is also a pond with a fishing dock, where visitors can catch a variety of fish. The park is a great place to relax and take in the beauty of nature.
El Oso Grande Park is a scenic outdoor destination located in the foothills of the Sandia Mountains. It features a variety of trails for hiking, biking, and horseback riding, as well as a disc golf course. The park also has a large lake, perfect for fishing, canoeing, and kayaking. Visitors can also enjoy picnicking, bird watching, and wildlife viewing. With its stunning views of the surrounding mountains, El Oso Grande Park is a great place to relax and take in the beauty of nature.
Jack And Jill is an iconic attraction located in the heart of the city. It is a large, colorful, and whimsical sculpture of two children, Jack and Jill, climbing a hill. The sculpture is made of steel and is painted in bright, vibrant colors. It stands at over 20 feet tall and is a popular spot for locals and tourists alike. It is a great place to take pictures and admire the unique artwork.
Sister Cities Park is a beautiful outdoor space located in Albuquerque, New Mexico. It features a variety of amenities, including a playground, walking paths, picnic areas, and a large pond. The pond is home to a variety of wildlife, including ducks, geese, and other birds. The park also has a large grassy area, perfect for picnics or outdoor activities. There are also several sculptures and monuments throughout the park, honoring the city's sister cities. The park is a great place to relax and enjoy the outdoors.
Sister Cities is an outdoor sculpture park located in Albuquerque, New Mexico. The park features sculptures from Albuquerque's sister cities around the world, including sculptures from China, Japan, France, Germany, and Mexico. The sculptures are made of various materials, such as bronze, steel, and stone, and range in size from small to large. The park also features a variety of landscaping, including trees, shrubs, and flowers, as well as benches and pathways for visitors to enjoy.
Highland is an outdoor attraction located in the foothills of the Sandia Mountains. It offers stunning views of the city below and the surrounding mountains. Visitors can take a scenic drive up to the top of the mountain and enjoy the breathtaking views. There are also several hiking trails and picnic areas, as well as a restaurant and gift shop. The area is known for its beautiful sunsets and is a popular spot for locals and tourists alike.
Unser Trail is a scenic, multi-use trail located in the foothills of the Sandia Mountains. It is a popular destination for hikers, bikers, and horseback riders, offering stunning views of the surrounding landscape. The trail is approximately 8 miles long, and features a variety of terrain, from flat, easy sections to more challenging, rocky sections. Along the way, visitors can enjoy the natural beauty of the area, including wildflowers, cacti, and wildlife.
Quigley is an outdoor sculpture park located in the foothills of the Sandia Mountains. It features over 30 large-scale sculptures created by local and international artists, as well as a variety of interactive art installations. Visitors can explore the park's winding trails, take in the stunning views of the city, and enjoy the unique artworks. Quigley is a great place to spend an afternoon, with plenty of opportunities for photography, picnicking, and simply taking in the beauty of the area.
Albuquerque, New Mexico area median rent change by ZIP code map
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How does Albuquerque compare to other cities in New Mexico?
| city | median price |
|---|---|
| Santa Fe | $2,115 |
| Rio Rancho | $1,601 |
| Belen | $1,445 |
| Albuquerque | $1,369 |
| Holloman AFB | $1,350 |
| Las Cruces | $1,100 |
Average household income in Albuquerque area graph - US Census
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The median household income in Albuquerque in 2021 was $56,366. This represents a 19.1% 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% |
