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Kirtland Air Force Base

Cost of Living

  • The median monthly rent of the average three bedroom home in Albuquerque is $2,560 and the average rent for an apartment in Albuquerque is $1,014. 
  • For the 2022 Greater Albuquerque Association of Realtors, area housing market to present, an apartment for rent in Albuquerque, New Mexico typically goes for $1,288 per month, while a single-family home for rent in Albuquerque, New Mexico has a monthly cost of around $2,560. Renter-occupied units make up 40% of the local housing market, while the rental vacancy rate in Albuquerque, New Mexico is at 7.3.
  • The median listing home price in Albuquerque, NM was $335K in February 2023, trending up 8.1% year-over-year.