Is rent expensive in Albuquerque?

As of August 2024, the average rent in Albuquerque, NM is $1,134 per month . This is 26% lower than the national average rent of $1,536/month, making renting in Albuquerque more affordable than most cities in the US.

Is Albuquerque, NM a good place to live?

Albuquerque enjoys a sunny climate, with over 300 days of sunshine per year, making it a good place to live . The city's arid desert climate provides warm summers and mild winters, making it an attractive destination for those who enjoy spending time outdoors.

What salary do you need to live comfortably in Albuquerque?

Typical Expenses 1 ADULT 2 ADULTS (BOTH WORKING) 0 Children 0 Children Other $4,739 $8,459 Required annual income after taxes $35,785 $52,330 Annual taxes $5,862 $7,237 8 more rows

Is it cheaper to live in Albuquerque or Santa Fe?

Albuquerque is a more affordable place to live compared to Santa Fe . Albuquerque has a Cost of Living Index that is 9.2% higher than the national average, whereas Santa Fe is 14% higher than the national average.

What is the safest area to live in Albuquerque NM?

Safe, Affordable Neighborhoods in Albuquerque Bear Canyon. Huning Castle. Nob Hill. Taylor Ranch. Ventana Ranch. Jul 26, 2024

What is the nicest city to live in New Mexico?

1. Santa Fe, NM . A historic, outdoor haven nestled within the massive Sangre de Cristo mountains, Santa Fe tops our list as the best place to live in New Mexico. Top-notch amenities, a lively community, and a navigable layout helped the city earn top marks.

Is Albuquerque high cost of living?

Albuquerque is ranked 143 out of 273 cities across the US in terms of cost of living. The cost of living in Albuquerque is 93.8% of the national average .

Why is Albuquerque housing so expensive?

Desirability of Albuquerque: Albuquerque is highly sought after due to its strong economy and high quality of life. Limited Housing Supply : The housing supply is restricted, contributing to the increase in property prices.

Is Albuquerque landlord friendly?

New Mexico is a somewhat landlord-friendly state . New Mexico has no limits for what landlords may charge for rent and may file for eviction sooner than in other states.

Is Albuquerque a good place to live in your 20s?

Albuquerque's Southwest living offers young professionals beautiful weather, natural landscapes, and diverse communities—in addition to offering affordable living, job opportunities in the technology and defense industries, and a unique culture that goes beyond being “that one city” in Breaking Bad.

Homes for rent in Albuquerque Metro (2024)

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$2,175/mo

3 beds ●2.5 baths ●1,861 sqft

2486 Desert Sky StreetLos Lunas, NM 87031

AvailableNow

$1,895/mo

3 beds ●2.0 baths ●1,410 sqft

7527 Breckenridge Road NWAlbuquerque, NM 87114

AvailableNow

$2,095/mo

3 beds ●2.0 baths ●1,671 sqft

618 Lakeview Circle SERio Rancho, NM 87124

AvailableNow

Special offer

$2,295/mo

3 beds ●2.5 baths ●2,380 sqft

9924 Cerro Largo Place NWAlbuquerque, NM 87114

AvailableNow

$2,300/mo

3 beds ●2.5 baths ●2,102 sqft

5901 Storyteller Road NWAlbuquerque, NM 87120

AvailableNow

$2,345/mo

3 beds ●2.5 baths ●2,180 sqft

1328 Peppoli Loop SERio Rancho, NM 87124

AvailableNow

$2,195/mo

4 beds ●2.0 baths ●1,801 sqft

2107 Erbbe Street NEAlbuquerque, NM 87112

AvailableAug 29

$2,095/mo

4 beds ●3.0 baths ●2,448 sqft

5 Dos Hermanos CtLos Lunas, NM 87031

AvailableAug 31

$2,045/mo

4 beds ●2.0 baths ●1,909 sqft

1121 June Street NEAlbuquerque, NM 87112

AvailableSep 01

Special offer

$2,195/mo

4 beds ●2.5 baths ●2,379 sqft

1806 Valle Vista Road NWLos Lunas, NM 87031

AvailableSep 01

Special offer

$2,145/mo

4 beds ●2.0 baths ●1,658 sqft

6220 Flor De Mayo Place NWAlbuquerque, NM 87120

AvailableSep 02

Special offer

$2,545/mo

4 beds ●3.0 baths ●2,086 sqft

12016 Dan Patch Road SEAlbuquerque, NM 87123

AvailableSep 02

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Homes for rent in Albuquerque Metro (2024)

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SAVE OFF YOUR FIRST MONTH'S RENT!^*

FAQs

Is rent expensive in Albuquerque? ›

	1 ADULT	2 ADULTS (BOTH WORKING)
	0 Children	0 Children
Other	$4,739	$8,459
Required annual income after taxes	$35,785	$52,330
Annual taxes	$5,862	$7,237

Homes for rent in Albuquerque Metro (2024)

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SAVE OFF YOUR FIRST MONTH'S RENT!*

FAQs

Is rent expensive in Albuquerque? ›

SAVE OFF YOUR FIRST MONTH'S RENT!^*