2321 International Ave Albuquerque, NM 87106
4920 Union Way NE Albuquerque, NM 87107
Albuquerque, NM is a city with a rental market that offers a wide variety of options for people looking to rent. With its diverse neighborhoods, excellent schools, and affordable prices, Albuquerque is an ideal city to rent in.
The best neighborhoods in Albuquerque to rent in are North Valley, East Downtown, and West Downtown. North Valley is the most popular rental area, as it offers a variety of rental options and offers easy access to downtown Albuquerque. East Downtown is a great area for those looking for a more urban living experience, with its many restaurants, shops, and entertainment options. West Downtown is a great area for those looking for a more laid-back atmosphere, with its proximity to the Rio Grande, its many parks, and its excellent schools.
The average rent price in Albuquerque is $1,010 per month. The cost of rent varies depending on the neighborhood and the size of the rental unit. The most expensive neighborhoods are North Valley and East Downtown, where rental prices can range from $1,200 to $1,700 per month. The most affordable neighborhoods are West Downtown and South Valley, where rental prices range from $700 to $1,000 per month.
The average rental prices for apartment, townhouse, condo, loft, and single family home in Albuquerque, NM are as follows:
Apartment: $1,062
Townhouse: $1,331
Condo: $1,072
Loft: $1,227
Single Family Home: $1,355
According to Zillow, the median rental price in Albuquerque, NM has increased by 16.8% over the past five years. In March 2020, the median rental price was $1,195, which was up from $1,025 in March 2015.
The median rental prices for 1-bedroom, 2-bedroom, and 3-bedroom apartments in Albuquerque, NM are $895, $1,175, and $1,400 respectively.
School districts in Albuquerque, NM compare favorably to the rest of the United States. According to the National Center for Education Statistics, Albuquerque Public Schools (APS) is the largest school district in New Mexico, serving more than 86,000 students in the district. The district has an average graduation rate of 78%, which is slightly higher than the national average of 76%. Additionally, APS has an average teacher-student ratio of 18:1, which is slightly lower than the national average of 16:1. In terms of student performance, APS students outperform the national average on the SAT, with an average score of 1071 compared to the national average of 1017.
1. Nob Hill
2. Downtown
3. Uptown
4. Old Town
5. South Valley
1. Corrales
2. Four Hills
3. High Desert
4. Ventana Ranch
5. North Albuquerque Acres