2,634

Luxury Homes for Rent in Albuquerque, NM

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  • /20

    $5,709 Per Month

    • 3 Beds
    • 2 Baths
    • 2,389 Sq Ft
    • Condo for Rent

    2608 O'Keefe Ave SE Unit SI ID1625081P, Albuquerque, NM 87106

    The advertised rate of $6,019/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 11, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    2608 O'Keefe Ave SE Unit SI ID1625081P, Albuquerque, NM 87106
  • /34

    $5,000 Per Month

    • Property for Rent

    114-156 Wyoming Blvd NE, Albuquerque, NM 87123

    Christine Chaves Chaves & Clark Real Estate LLC

    114-156 Wyoming Blvd NE, Albuquerque, NM 87123
  • /28

    $5,000

    Total Monthly Price

    • 4 Beds
    • 3.5 Baths
    • 2,679 Sq Ft
    • House for Rent

    512 Twilight Vista Ln SW, Albuquerque, NM 87105

    Gorgeous fully furnished pet friendly house. Take it easy at this unique and tranquil getaway in a gated community, just 7 mins drive from Old Town and 5 mins walk from the Bosque Trails. Your ideal home awaits with two private spa ensuite Master bedrooms, an additional private bedroom with balcony and an office/bedroom- all in this magnificent home. Relax and watch a movie on the patio,

    512 Twilight Vista Ln SW, Albuquerque, NM 87105
  • /20

    $4,419 Per Month

    • 3 Beds
    • 2 Baths
    • 2,012 Sq Ft
    • Condo for Rent

    3907 Solano Place NE Unit SI ID1586968P, Albuquerque, NM 87110

    The advertised rate of $4,650/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 14, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    3907 Solano Place NE Unit SI ID1586968P, Albuquerque, NM 87110
  • /24

    $4,600 Per Month

    • 2 Beds
    • 2 Baths
    • House for Rent

    7100 Prairie Rd NE, Albuquerque, NM 87109

    This fully furnished Northeast Heights bungalow offers 1,638 square feet of comfortable living with three bedrooms, two bathrooms, and multiple living areas, complemented by a dedicated study/office, walk?in closet, built?in bookcases, pantry, and beautiful bamboo flooring. The home is fully furnished and includes all kitchen appliances along with a washer and dryer, while the primary suite

    7100 Prairie Rd NE, Albuquerque, NM 87109
  • /33

    $4,500 Per Month

    • 4 Beds
    • 3 Baths
    • 2,500 Sq Ft
    • House for Rent

    8808 Vallejo Place NE, Albuquerque, NM 87122

    Enjoy gorgeous mountain views from the nicely landscaped backyard. This 4 Bedrooms , 3 Baths, 3 car garage, sits on a cul-de-sac lot. The open kitchen flows seamlessly into the living areas creating a wonderful space for entertaining and everyday living. Two separate living areas, a chefs kitchen and cozy fireplace. Enjoy the beautiful scenery from the balcony off the spacious primary suite.

    Penny Smith Tierra Mia Realty, Inc

    8808 Vallejo Place NE, Albuquerque, NM 87122
  • /27

    $4,500 Per Month

    • 3 Beds
    • 2 Baths
    • 2,045 Sq Ft
    • House for Rent

    5735 University Blvd SE, Albuquerque, NM 87106

    Beautifully furnished 3BR, 2 bath executive home offering 2,045 sq ft & a spacious 2-car garage perfect for corporate housing, medical professionals, or anyone seeking a seamless long-term stay. Open, light-filled layout featuring a generous living room, a stylish kitchen, & an inviting dining room designed for both everyday living & entertaining. Primary suite offers exceptional privacy with a

    Jeff Rose EXP Realty LLC

    5735 University Blvd SE, Albuquerque, NM 87106
  • /14

    $4,500 Per Month

    • 4 Beds
    • 2 Baths
    • House for Rent

    6049 Nauman Dr, Albuquerque, NM 87106

    FULLY FURNISHED...Understated elegance meets comfort in this stunning Mesa Del Sol home. Featuring 4 bedrooms and 2 bathrooms, this thoughtfully designed residence welcomes you with gleaming solid surface floors throughout—no carpet. The open-concept floor plan offers spacious living and dining areas, ideal for both entertaining and everyday living. The chef's kitchen boasts solid surface

    6049 Nauman Dr, Albuquerque, NM 87106
  • /23

    $4,400 Per Month

    • 3 Beds
    • 3 Baths
    • House for Rent

    3907 Solano Place NE, Albuquerque, NM 87110

    Spacious 3BR/3BA Ranch-Style Home in Altura – Comfortable, Convenient & Full of Charm Fully Furnished | 2-Car Garage Welcome to 3907 Solano Place NE, a beautifully maintained ranch-style home in the sought-after Altura neighborhood. This spacious 3-bedroom, 3-bathroom property offers comfort, style, and plenty of room to relax or entertain. Featuring two separate living areas, a

    3907 Solano Place NE, Albuquerque, NM 87110
  • /62

    $4,300 Per Month

    • 4 Beds
    • 4.5 Baths
    • 3,520 Sq Ft
    • House for Rent

    8024 Canoncito Dr, Albuquerque, NM 87120

    !Unrivaled Custom Luxury Living on the West Mesa! Welcome to an extraordinary architectural masterpiece designed with exceptional quality and elegance. From the moment you arrive, the extravagant entry sets the tone, featuring handcrafted wood doors and cabinets, rich stone and natural wood accents, soaring beam ceilings and archways, abounding with artistic stonework! Property

    8024 Canoncito Dr, Albuquerque, NM 87120
  • /14

    $4,200 Per Month

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft
    • House for Rent

    8804 Vallejo Place NE, Albuquerque, NM 87122

    Welcome to your new haven in the heart of Albuquerque's Northeast Heights! This charming 3-bedroom home blends comfort and style in one of the city's most desirable neighborhoods. Inside, you'll find an open, inviting layout perfect for everyday living and entertaining. The kitchen is a standout, featuring modern appliances, ample counter space, and plenty of storage. A dedicated office offers

    Alex Cordova EXP Realty LLC

    8804 Vallejo Place NE, Albuquerque, NM 87122
  • /20

    $3,808 Per Month

    • 3 Beds
    • 2 Baths
    • 1,593 Sq Ft
    • Condo for Rent

    1112 Alexandra St SW Unit SI ID1610316P, Albuquerque, NM 87121

    The advertised rate of $4,009/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 3, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    1112 Alexandra St SW Unit SI ID1610316P, Albuquerque, NM 87121
  • /20

    $3,808 Per Month

    • 4 Beds
    • 2 Baths
    • 1,539 Sq Ft
    • Condo for Rent

    243 San Clemente Ave NW Unit SI ID1604736P, Albuquerque, NM 87107

    The advertised rate of $4,005/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 5, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    243 San Clemente Ave NW Unit SI ID1604736P, Albuquerque, NM 87107
  • /23

    $3,808 Per Month

    • 4 Beds
    • 2 Baths
    • 1,539 Sq Ft
    • Condo for Rent

    251 San Clemente Ave NW Unit SI ID1604742P, Albuquerque, NM 87107

    The advertised rate of $4,005/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 3, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    251 San Clemente Ave NW Unit SI ID1604742P, Albuquerque, NM 87107
  • /38

    $4,000 Per Month

    • 3 Beds
    • 2 Baths
    • 2,650 Sq Ft
    • House for Rent

    961 Alameda Rd NW, Albuquerque, NM 87114

    Beautiful N. Valley home in a quiet neighborhood in Alameda Meadows. Front courtyard and large backyard. this 2650 sq.ft single story home had mature landscaping surrounded by greenery. This is a true New Mexican home with adobe construction, Viga's, and Latilla ceilings, wood burning fireplace, archways and build in shelves. Primary bedroom offers a California closet with access to the yard.

    Penny Smith Tierra Mia Realty, Inc

    961 Alameda Rd NW, Albuquerque, NM 87114
  • /27

    $4,000 Per Month

    • 4 Beds
    • 3 Baths
    • 3,000 Sq Ft
    • House for Rent

    3112 Camino de La Sierra NE, Albuquerque, NM 87111

    Corrales living at the base of the Sandia Mountains. This stunning 4 bedroom, 2 1/2 bath, 2 car garage home is East of Tramway and backs to open space. With plenty of wonderful entertaining space both inside and out you won't want to leave home. This home features a cozy den, formal dining room, well appointed kitchen, sunny breakfast nook, expansive living room with kiva fireplace and wet

    3112 Camino de La Sierra NE, Albuquerque, NM 87111
  • /22

    $4,000 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,900 Sq Ft
    • House for Rent

    3432 Del Agua Ct NE, Albuquerque, NM 87111

    3 Bedrooms | 2.5 Bathrooms | 2-Car Garage Discover comfort and convenience in this charming two-story townhome located in a peaceful Northeast Heights neighborhood—just five minutes from the foothills and some of Albuquerque's best hiking and biking trails. Thoughtfully designed, the home features all three bedrooms on the second floor, including a dedicated office space ideal for working

    3432 Del Agua Ct NE, Albuquerque, NM 87111
  • /17

    $3,995 Per Month

    • 3 Beds
    • 2 Baths
    • 3,709 Sq Ft
    • House for Rent

    563 Black Bear Rd NE, Albuquerque, NM 87122

    Beautiful 3 bedrooms, 2 bathrooms Home located in the Sandia Heights South neighborhood in the Albuquerque, NM. This home has a large open floor plan with multiple living areas, sunroom, and room for entertaining!

    563 Black Bear Rd NE, Albuquerque, NM 87122
  • /52

    Starting at $1,775 Per Month

    • 1 - 3 Beds

    5300 Antequera Rd NW, Albuquerque, NM 87120

    Welcome to Andalucia VillasExperience the resort-style luxury of our community, ideally located in Albuquerque’s Westside district. We offer one, two and three bedroom apartments with elegant amenities specifically designed with your utmost comfort and convenience in mind. Extra touches like 9-foot ceilings, crown molding and oval garden bathtubs give your new apartment that designer ambience

    Andalucia Villas

    5300 Antequera Rd NW, Albuquerque, NM 87120
  • /30

    $3,850 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,560 Sq Ft
    • Townhouse for Rent

    9608 Merion Cir NE, Albuquerque, NM 87111

    Enjoy luxury living in this fully furnished modern home located in the prestigious gated community of Tanoan West. Featuring an open floor plan downstairs, stylish furnishings, and a private backyard with a relaxing hot tub, this home is move-in ready. With 3 beds, 3 baths, this home is cozy and comfortable. Freshly painted, refrigerated air, outdoor balcony with views! Enjoy the covered/private

    NM Home Deals Keller Williams Realty

    9608 Merion Cir NE, Albuquerque, NM 87111
  • /35

    Starting at $2,725

    Total Monthly Price

    • 2 - 4 Beds

    7682 Woodmont Ave, Albuquerque, NM 87114

    The Charlie ABQ introduces a new way to rent in Albuquerque, offering thoughtfully designed townhomes and single-family homes that deliver the space, privacy, and comfort today’s renters are looking for. Located in Northwest Albuquerque with convenient access to Downtown, The Charlie ABQ places residents near the Petroglyph National Monument and an extensive network of local trails—perfect for

    The Charlie ABQ

    7682 Woodmont Ave, Albuquerque, NM 87114
  • /11

    $3,800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,718 Sq Ft
    • House for Rent

    500 Amherst Dr NE, Albuquerque, NM 87106

    FULLY FURNISHED...3BR 2BA – plus office – modest, charming Nob Hill home – great location – enclosed backyard with coy pond – driveway parking - Pet friendly! Nob Hill

    500 Amherst Dr NE, Albuquerque, NM 87106
  • /47

    $3,700 Per Month

    • 5 Beds
    • 3 Baths
    • 3,081 Sq Ft
    • House for Rent

    7115 Vista Terraza Dr NW, Albuquerque, NM 87120

    Welcome to this beautifully maintained 5-bedroom, 3-bathroom two-story home in the beautiful Northwest Albuquerque. Offering an impressive 3,081 square feet of living space, this bright and modern home provides the perfect blend of style, comfort, and functionality. Step inside to soaring vaulted ceilings and an abundance of natural light that fills the open-concept living spaces. Relax by

    7115 Vista Terraza Dr NW, Albuquerque, NM 87120
  • /20

    $3,496 Per Month

    • 3 Beds
    • 2 Baths
    • 1,539 Sq Ft
    • Condo for Rent

    271 San Clemente Ave NW Unit SI ID1604740P, Albuquerque, NM 87107

    The advertised rate of $3,677/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 5, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    271 San Clemente Ave NW Unit SI ID1604740P, Albuquerque, NM 87107
  • /37

    $3,599 Per Month

    • 4 Beds
    • 6 Baths
    • 4,136 Sq Ft
    • House for Rent

    4808 Driftwood Ave NW, Albuquerque, NM 87114

    Excellent location, beautiful home located near major shopping, malls, stores, etc.Lots of room for the entire family. Fireplace,Nice view of the mountains. 5 bedroom, possible 6, Double Car Garage, Large gated back yard. A Must See!MOVE IN SPECIALS CALL FOR DETAILS!

    Alan Adler Real Estate Solutions

    4808 Driftwood Ave NW, Albuquerque, NM 87114
  • /35

    Starting at $1,822

    Total Monthly Price

    • 1 - 2 Beds

    5301 Antequera Rd NW, Albuquerque, NM 87120

    Overture Andalucia is a 55+ active adult community in Albuquerque, NM, offering stylish one- and two-bedroom apartments and cottages with gourmet kitchens, granite countertops, stainless steel appliances, and private outdoor spaces. Enjoy resort-style amenities including a heated pool, spa, fitness and yoga studios, art and game rooms, movie theater, rooftop sky lounge, and more. With daily

    Overture Andalucia 55+ Active Adult Apartment Homes

    5301 Antequera Rd NW, Albuquerque, NM 87120
  • /66

    Starting at $1,198 Per Month

    • 1 - 3 Beds

    6601 Tennyson St NE, Albuquerque, NM 87111

    You will find the ultimate in luxury apartment home living at Allegro at Tanoan. Our private, gated luxury community off Academy at Tramway Blvd NE reflects a tradition of elegant living and creates an atmosphere of serenity, enhanced by breathtaking views of the Sandia Mountains and lush landscaping. Comfort, convenience and style are just a few of the features you'll find at Allegro at Tanoan.

    Allegro at Tanoan

    6601 Tennyson St NE, Albuquerque, NM 87111
  • /18

    $3,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,074 Sq Ft
    • Townhouse for Rent

    11125 Malaguena Ln NE, Albuquerque, NM 87111

    AVAILABLE FOR MOVE IN: October 7th. Home is $3100/month is for UNFURNISHED, no utilities included. $3500/month FURNISHED, utilities included. Beautiful ''home away from home'' in the immaculate Academy Ridge neighborhood. Short term rentals allowed- minimum 1 month. This home features gorgeous hard wood floors, fireplace, billiard table, eat-in dining room, spacious master suite with balcony and

    Genevieve Martin NM Home Masters, LLC

    11125 Malaguena Ln NE, Albuquerque, NM 87111
  • /16

    $3,500 Per Month

    • 2 Beds
    • 2 Baths
    • 2,169 Sq Ft
    • House for Rent

    9651 Village Green Dr NE, Albuquerque, NM 87111

    Charming one-story detached home on a golf course lot, backing directly to the prestigious Tanoan Country Club. Thoughtfully updated and rich with custom details, this residence blends comfort, quality, and character while offering an exceptional lifestyle just steps from world-class amenities.Enjoy easy access to Tanoan’s 27-hole championship golf course (designed by Bruce Devlin and Robert

    9651 Village Green Dr NE, Albuquerque, NM 87111
  • /16

    $3,500 Per Month

    • 2 Beds
    • 2 Baths
    • 1,479 Sq Ft
    • House for Rent

    3812 Calle Del Monte NE, Albuquerque, NM 87110

    3BR 2BA Beautifully Renovated, located in a beautiful, quiet neighborhood. Enjoy a spacious green backyard perfect for relaxing or entertaining, complete with a deck/patio for outdoor dining and gatherings. Inside, the home features modern updates throughout and central HVAC for year-round comfort. A two-car garage provides convenient parking and storage. You'll love the fantastic

    3812 Calle Del Monte NE, Albuquerque, NM 87110
  • /37

    $3,495 Per Month

    • 5 Beds
    • 3 Baths
    • 2,808 Sq Ft
    • House for Rent

    9223 Calistoga Ave NE, Albuquerque, NM 87122

    Gorgeous well maintained home just became available for rent in NE ABQ close to La Cueva High School. Features include:**Vaulted ceilings**Sunroom upstairs and downstairs**Gas fireplace**Granite countertops**Stainless steel appliances**3 car garage**Beautifully landscaped front and backyard**Application fee is $40 per adult and is non-refundable. Security deposit is equivalent to one

    9223 Calistoga Ave NE, Albuquerque, NM 87122
  • /47

    $3,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,395 Sq Ft
    • House for Rent

    2639 Stryker Rd SE, Albuquerque, NM 87106

    Move-In Ready 3 Bed, 3 Bathrooms. Great Amenities!Beautiful 2-story home featuring 3 bedrooms, 3 bathrooms, and a spacious 3-car tandem garage. The main level offers an open-concept living area with a gourmet kitchen, granite countertops, stainless steel appliances, and sliding doors that open to a front patio.Upstairs you'll find carpeted bedrooms and and two rooftop decks. The primary bedroom

    Janet McDavid-Fitak Full House Real Estate,LLC

    2639 Stryker Rd SE, Albuquerque, NM 87106
  • /40

    $3,200 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,386 Sq Ft
    • House for Rent

    9600 Allande Rd NE, Albuquerque, NM 87109

    Visit for Information on Viewing, Qualifying, Pets and Applying!Call to schedule a viewing anytime!*This property has a fixed monthly electric charge of $150.*2 Car Garage! Refrigerated Air! Ceiling Fans!Gas Fireplace! Granite Counters!Vaulted Ceilings!Built-In Book Shelves!Loft!Stainless Steel Kitchen Appliances!Washer / Dryer

    9600 Allande Rd NE, Albuquerque, NM 87109
  • /41

    $3,200 Per Month

    • 3 Beds
    • 2 Baths
    • 2,200 Sq Ft
    • House for Rent

    10900 San Francisco Rd NE, Albuquerque, NM 87122

    North Alb Acres Executive 2200/sf home sits on .08 acre with natural landscape. Beautiful pen floor plan, windows with panoramic Sandia mountain views, Great room, dream kitchen with breakfast nook and utility room with deep sink. Raised 9' ceilings throughout, three spacious bedrooms, primary with double sinks, jetted tub and separate shower. Two car garage with utility sink, work bench and

    10900 San Francisco Rd NE, Albuquerque, NM 87122
  • /44

    $3,000 Per Month

    • 4 Beds
    • 3 Baths
    • 2,475 Sq Ft
    • House for Rent

    10313 Karen Ave NE, Albuquerque, NM 87111

    Beautifully remodeled home with new plank flooring, new carpet, freshly painted, a spacious new kitchen with new appliances, two areas for dining, two roomy pantries, a laundry room with space for a freezer. The home has 4 bedrooms with the possibility of a 5th bedroom or an office with a little hobby room in the back with extra outlets & thermostat for cooling computer equipment. Guest bedroom

    Jeff Rose EXP Realty LLC

    10313 Karen Ave NE, Albuquerque, NM 87111
  • /34

    $3,000 Per Month

    • 4 Beds
    • 2 Baths
    • 1,676 Sq Ft
    • House for Rent

    10217 Santa Paula Ave NE, Albuquerque, NM 87111

    Nestled in the picturesque San Gabriel Village, this meticulously updated home offers a harmonious blend of modern comfort and timeless charm. Recent upgrades including a new roof, evaporative cooler, electric panel, and heater ensure year-round comfort and efficiency, while fresh paint, elegant granite countertops, and built-in features adorn the interior. The spacious laundry room simplifies

    Silesha Montano Naden LPT Realty

    10217 Santa Paula Ave NE, Albuquerque, NM 87111
  • /26

    $3,000 Per Month

    • 4 Beds
    • 3 Baths
    • 2,548 Sq Ft
    • House for Rent

    142 Ortega Rd NW, North Valley, NM 87114

    Get ready—this home is a touchdown for comfort, style, and unforgettable summer living! Come check out this large, beautiful home nestled on a spacious lot near 2nd Street—and yes, it'll be ready for move in soon! You definitely will not want to miss out! Apply today and call this your new home! Inside, you'll be wowed by a formal dining area that sets the perfect stage for big nights

    142 Ortega Rd NW, North Valley, NM 87114
  • /20

    $3,000 Per Month

    • 4 Beds
    • 2 Baths
    • 2,250 Sq Ft
    • House for Rent

    12104 N Star Trail NW, Albuquerque, NM 87120

    Welcome to this stunning house located at 12104 North Star Trail Northwest in Albuquerque, NM 87120. This modern home offers 2250.0 sqft of living space and was built in 2024, providing a fresh and contemporary feel. With 4 bedrooms and 2 bathrooms, this property is perfect for those looking for a spacious and comfortable living environment.The interior features a well-designed layout

    12104 N Star Trail NW, Albuquerque, NM 87120
  • /59

    $2,995 Per Month

    • 4 Beds
    • 2 Baths
    • 2,083 Sq Ft
    • House for Rent

    3529 Aspen Ave NE, Albuquerque, NM 87106

    Spacious 4-bedroom, 2-bathroom home in a desirable Northeast Albuquerque location. This approximately 2,083 sq. ft. home offers a comfortable floor plan with plenty of space to live, work, and entertain. Enjoy a beautiful, large, private backyard, perfect for relaxing, entertaining, or enjoying Albuquerque's outdoor living. Features include a 2-car garage, stainless-steel kitchen appliances,

    3529 Aspen Ave NE, Albuquerque, NM 87106
  • /34

    $2,995 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,613 Sq Ft
    • House for Rent

    8727 Placitas Roca Rd, Albuquerque, NM 87120

    Discover this breathtaking 4-bedroom home in the Volcano Cliffs are of Northwest Albuquerque, conveniently located new Montano and Unser. This sprawling single-story home showcases beautiful, upgraded finishes throughout including wood-look tile flooring, decorative ironwork doors, custom light fixtures, nichos and rich, dark wood accents. The open-concept floor plan is perfect for both

    8727 Placitas Roca Rd, Albuquerque, NM 87120

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Frequently Asked Questions

How much does it cost to rent a home in Albuquerque, NM?
The median rent for a home in Albuquerque, NM is $1,895 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Albuquerque, NM?
To comfortably afford the median rent in Albuquerque, NM, a household needs to earn roughly $75,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,895 per month in Albuquerque, NM, renters typically need to show $5,685 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Albuquerque, NM?
In Albuquerque, NM, the price-to-rent ratio is 15.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Albuquerque, NM are best for renting a home?
The best neighborhood for renting in Albuquerque, NM depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Wells Park, Downtown Albuquerque, West Old Town, Barelas and Sycamore, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
646
Median Rent
$1,895
Median Single Family Home Rent
$2,000
Median Townhouse Rent
$1,250
Median Condo Rent
$1,100
How to Rent a Home