Albuquerque Market Rental Trends Report
Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.
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Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.
Rental prices slightly increased over the last six months for all apartment types. We have seen a slight drop in price over the last three months due to a slow down in renting. Rent prices for all bedroom counts and property types in Albuquerque, NM have decreased by 9% in the last month and have decreased by 13% in the last year. The median rent in Albuquerque is $1,554 per month.
Rio Rancho
Apartment rental prices in Rio Rancho decreased this quarter. Apartments have decreased by 3% in the last month and have increased by 11% in the last year. Renters are willing to pay higher prices to live in a desired community. The median rent in Rio Rancho, NM is $1,644 per month.
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