Markets › Albuquerque
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Albuquerque NM
Current market read
Renter’s market
ConditionSoft
The yearly data reads a renter's market, and the recent monthly signals are easing further.
From public data. The situation now, not a forecast.
Renter Google searchabout 1,900 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly
About 1,900 searches in July 2026, for Albuquerque on its own
What renters Google mostHousesSee all →Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Cooling
Easing lately, job growth has cooled, as of Aug 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
+0.7%
▲ Year over year
SEP ’24AUG ’26
Census 2024: +1.4% · US avg +5.2%
Median rentCENSUS · 2024
$1,220/mo
Typical rent, 2024 yearly count
In the news · AlbuquerqueNEWS · DAILY
Latest local coverage, today.● softer● neutral● firmer
Albuquerque code enforcement inspects Mont 44 apartments after tenant complaintsHousing group outlines fixes to New Mexico’s housing shortageNew Mexico Dem governor nominee Haaland touts permitting ‘shot clock’ in visit to housing projectView all 8 Albuquerque news →Demand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs-0.5%
Migration 2025+0.31/1k
SUPPLY
Permits 2025+29.1%
Vacancy 20248.2%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,157/mo
Cheaper to rent than buying
rent $1,220 · own $2,377
$1,220RENT
$2,377OWN
Net migrationCENSUS · 2025
+0.31/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.