How many apartments are available in Highland on Rentable.co?

Rentable.co has over 214 apartments available near Highland.

What is the average rent for a studio apartment in Highland?

The average rent for a studio apartment near Highland is around $799 per month.

What is the average rent for a one-bedroom apartment in Highland?

The average rent for a one-bedroom apartment near Highland is around $850 per month.

What is the average rent for a two-bedroom apartment in Highland?

The average rent for a two-bedroom apartment near Highland is around $1,000 per month.

How many apartments are available in Albuquerque, NM on Rentable.co?

Rentable.co has over 18,699 apartments available in Albuquerque.

What is the average rent for a studio apartment in Albuquerque, NM?

The average rent for a <a href='/albuquerque-nm/studio-apartments-for-rent' >studio apartment</a> in Albuquerque is around $800 per month.

What is the average rent for a one-bedroom apartment in Albuquerque, NM?

The average rent for a <a href='/albuquerque-nm/1-bedroom-apartments-for-rent' >one-bedroom apartment</a> in Albuquerque is around $920 per month.

What is the average rent for a two-bedroom apartment in Albuquerque, NM?

The average rent for a <a href='/albuquerque-nm/2-bedroom-apartments-for-rent' >two-bedroom apartment</a> in Albuquerque is around $1,130 per month.

How expensive is it to rent an apartment in Albuquerque, NM?

For a two-bedroom apartment in Albuquerque, the average rent price is $1,130 per month, which is lower than the national average of $1,600 per month.

Can I afford an apartment for rent in Albuquerque, NM?

Based on average rent prices in Albuquerque, to afford a <a href='/albuquerque-nm/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $32,000 to live comfortably.

Apartments in Highland Albuquerque

Albuquerque:
November Rent Report

Welcome to the November 2024 Albuquerque Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Albuquerque rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Albuquerque and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Albuquerque average rent prices in the chart below.

Monthly Rent Report

$1,250

$940

$630

$310

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

1 BR 2 BR

Albuquerque Rent Prices Increase From October to November

Albuquerque rent prices increased over the last month. From October to November, the city experienced a 1.22% increase for the price of a one-bedroom apartment. The rent price for a Albuquerque one-bedroom apartments currently stands at $909.0.

When we take a look at the two-bedroom comparison from October to November, Albuquerque experienced a -0.69% decrease for the price of a two-bedroom apartment. The rent price for a Albuquerque two-bedroom apartments currently stands at $1,154.0.

November Prices: Albuquerque vs. Surrounding Areas

Rio Rancho, NM

Albuquerque, NM

$2,024

$898

$700

$1,400

$2,100

$2,800

Median 1 BR Rent

Rent Prices in Albuquerque and Surrounding Areas

Rent prices have increased in Albuquerque over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Albuquerque suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Albuquerque suburbs
Rent decreased in Rio Rancho, NM.
1 suburb is currently priced higher than the city of Albuquerque.

November 2024 Pricing Trends: Albuquerque vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Albuquerque, NM

$4,211

$3,115

$2,373

$2,354

$1,903

$1,338

$1,246

$1,202

$898

$1,400

$2,800

$4,200

$5,600

Median Rent

Albuquerque Rent Prices More Affordable Than Major Cities

Rent growth in Albuquerque over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Albuquerque average rent prices appear to be relatively affordable for local residents.

The price for a Albuquerque one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Albuquerque and surrounding area rent prices, take a look at the complete data set below.

Data set for Albuquerque and suburbs

	1 BR November	1 BR M/M % Change	2 BR November	2 BR M/M % Change
Albuquerque, NM	$898.0	1.47%	$1,162.0	-0.17%
Rio Rancho, NM	$2,024.0	-2.22%	$1,573.0	6.79%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.