5

Studio Townhomes for Rent in Albuquerque, NM

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  • /33

    Starting at $839 Per Month

    • Studio - 2 Beds

    1700-1901 Indian Plaza Dr NE, Albuquerque, NM 87106

    A unique garden community, The Cedars offers spacious, comfortable apartments in an excellent location. Our community is centrally located only five minutes from UNM, Nob Hill, downtown and uptown with easy access right off I-40. We are adjacent to Miraflores Park and Whole Foods Market. Discover a great place to call home with superior, newly remodeled floor plans, friendly management, prompt

    Cedars - Free Cable & Internet*

    1700-1901 Indian Plaza Dr NE, Albuquerque, NM 87106
  • /35

    Starting at $599 Per Month

    • Studio - 5 Beds

    3003 Transport St SE, Albuquerque, NM 87106

    Sunport Luxury Townhomes are committed to being a place you will be proud to live in. Just stepping into our community, you will know you found your forever home! Safe quiet neighborhood in Sunport, with one of the lowest crime rates in Albuquerque. well secured 20+ acre Gated community, with many amenities. Even though you will love cooking in our spacious kitchen on our all-Chrome appliances,

    Diamond Elite Luxury Townhomes

    3003 Transport St SE, Albuquerque, NM 87106

Frequently Asked Questions

How much does it cost to rent a townhouse in Albuquerque, NM?
The median rent for a townhouse in Albuquerque, NM is $1,250 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 $75,000 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 $1,875 per month in Albuquerque, NM, renters typically need to show $5,625 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 16.0, 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.

Rental Home Trends

Number of Townhouses for Rent
2
Median Townhouse Rent
$1,250
Median 2 Bedroom Townhouse Rent
$1,373
Median 3 Bedroom Townhouse Rent
$2,225
Median 4 Bedroom Townhouse Rent
$2,400
How to Rent a Home