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Albuquerque, NM
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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
$1,054
1 bed
$1,372
2 beds
$1,629
3+ beds
$1,979
Great for
Outdoor enthusiasts
Artists/creatives
Families seeking affordable living

Popular apartments near you

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Rental pricing trends in Albuquerque

The average rent for a 1 bedroom apartment in Albuquerque is $1,372, while the average rent for a 2 bedroom apartment is $1,629.

Rent rates updated 22 days 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
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
3%Rent trend (YoY)

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Luxury spaces you’ll love

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Top neighborhoods

Nob Hill
Nob Hill
What it’s like to live in Nob Hill
Nob Hill buzzes with creative energy where this beloved Albuquerque district showcases Route 66 heritage through preserved architecture and distinctive local businesses along Central Avenue. Renters enjoy genuine walkability to independent shops, global dining options, and entertainment venues creating enviable urban convenience rare for typically car-dependent southwestern cities. Property age brings occasional maintenance considerations in older buildings, but urban enthusiasts love both the neighborhood's distinctive mid-century character and strategic positioning between UNM campus and downtown with excellent public transportation options despite occasional parking challenges during popular restaurant hours.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
University Heights
University Heights
What it’s like to live in University Heights
Academic energy pulses near UNM campus, with adobe-style apartments steps from Frontier Restaurant's legendary sweet rolls. The Nob Hill shopping district provides retro neon charm, though scarce parking tests patience during weekend gallery walks. Ideal for professors and medical students.
Great for
Affluent Families
Luxury Renters
Professionals
Retirees
Neighborhood vibe
Scenic
Established
Residential
Westgate Heights
Westgate Heights
What it’s like to live in Westgate Heights
Elevated views define Westgate Heights, where Albuquerque's western mesa neighborhood offers spectacular Sandia Mountain panoramas across the Rio Grande Valley. Most rentals feature more generous space than comparable eastside options, while the developing commercial district continues adding amenities reducing trips to more congested areas. Though requiring longer downtown commutes than central neighborhoods, strategic positioning near I-40 creates reasonable travel times despite geographical distance, while significantly more living space and mountain views typically compensate for increased commuting time increasingly accepted as remote work trends reduce daily office requirements transforming housing priorities beyond purely commute-based considerations which previously dominated location decisions.
Great for
Affluent Families
Luxury Renters
Professionals
Retirees
Neighborhood vibe
Scenic
Established
Residential

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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