Monthly apartment rent and rental growth in Albuquerque, NM, 2018-2023
The median rent for one- and two-bedroom apartments in Albuquerque, New Mexico, amounted to about 1,171 U.S. dollars by the end of 2023. Rents have increased substantially since the beginning of the pandemic and as of December 2023, the annual rental growth fell by 0.76 percent. Among the different states in the U.S., New Mexico ranks asĀ one of the mid-priced rental markets.