How much is rent in Albuquerque, NM?

The median 2-bedroom in Albuquerque rents for $1,302 a month with utilities, $261 less than the US median. A 1-bedroom runs $1,102 and a 3-bedroom $1,670.

By Sol Lakein, founder of Slower Sundays. Updated November 2026.

$1,3022-bedroom¹US: $1,563
$1,1021-bedroom¹US: $1,362
$52,080Income for a 2-bed at 30%²A year
20%Share of typical income³For a 2-bedroom

Rent in Albuquerque by number of bedrooms

Median rent, utilities included, next to the US median.¹

Studio$886/mo
Albuquerque
$886
US
$1,365
Income to keep it at 30%: $35,440²
1 bedroom$1,102/mo
Albuquerque
$1,102
US
$1,362
Income to keep it at 30%: $44,080²
2 bedrooms$1,302/mo
Albuquerque
$1,302
US
$1,563
Income to keep it at 30%: $52,080²
3 bedrooms$1,670/mo
Albuquerque
$1,670
US
$1,760
Income to keep it at 30%: $66,800²
4 bedrooms$2,252/mo
Albuquerque
$2,252
US
$2,153
Income to keep it at 30%: $90,080²

Work out what rent you can afford · Full cost of living in Albuquerque

Where rent costs less than Albuquerque

20 of the cities we cover have a lower median 2-bedroom rent. The cheapest and the closest:¹

City	2-bedroom rent	Less than Albuquerque
Paducah, KY	$886	$416/mo
Terre Haute, IN	$901	$401/mo
Muncie, IN	$919	$383/mo
Fayetteville, AR	$1,232	$70/mo
Memphis area, TN/AR	$1,278	$24/mo
Greenville, SC	$1,279	$23/mo

Rent in Albuquerque: questions people ask

How much is rent in Albuquerque?

Median rent with utilities, all units: $1,287 a month. By size: studio $886, 1 bedroom $1,102, 2 bedrooms $1,302, 3 bedrooms $1,670, 4 bedrooms $2,252 (Census ACS, 2025).

How much do you need to make to afford rent in Albuquerque?

To keep a 2-bedroom at 30% of income, about $52,080 a year. For a 1-bedroom, $44,080.

What share of income goes to rent in Albuquerque?

A year of median 2-bedroom rent equals 20% of the median household income of $79,728 (Census ACS, 2025).

Where is rent cheaper than Albuquerque?

Of the cities we cover, Paducah, KY ($886), Terre Haute, IN ($901), Muncie, IN ($919) have the lowest median 2-bedroom rent.

Rent elsewhere in New Mexico

Cost of living in New Mexico

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Notes on the numbers

1Rent: Census ACS 2025 1-year, table B25031, median gross rent by number of bedrooms (rent plus utilities the renter pays), 2025. Covers all renters, including long-time tenants, so new leases often cost more. $3,500+ is the highest figure the Census publishes. Census table
2Income to keep rent at 30%: a year of rent divided by 0.3, the common rule of thumb. Our arithmetic.
3Household income: Census ACS 2025 1-year, table B19013, median household income, 2025. Census table

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