2-Bedroom Apartment Rent in Albuquerque, NM
Median asking rent for a 2-bedroom apartment in Albuquerque, New Mexico as of July 2026. That's +7% lower than the citywide median of $1,486 and +16% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Albuquerque
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Albuquerque
Compare Albuquerque's median rent across every apartment size.
Cheapest cities for a 2-bedroom in New Mexico
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Alamogordo | $930 |
| 2 | Portales | $930 |
| 3 | Silver City | $960 |
| 4 | Clovis | $980 |
| 5 | Roswell | $1,030 |
| 6 | Carlsbad | $1,080 |
| 7 | Farmington | $1,100 |
| 8 | Las Cruces | $1,124 |
| 9 | Santa Teresa | $1,130 |
| 10 | Hobbs | $1,140 |
| 11 | Albuquerque (this page) | $1,383 |
| 12 | Los Alamos | $1,400 |
| 13 | Los Lunas | $1,410 |
| 14 | Santa Fe | $1,690 |
| 15 | Rio Rancho | $1,695 |
Most expensive cities for a 2-bedroom in New Mexico
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Rio Rancho | $1,695 |
| 2 | Santa Fe | $1,690 |
| 3 | Los Lunas | $1,410 |
| 4 | Los Alamos | $1,400 |
| 5 | Albuquerque (this page) | $1,383 |
| 6 | Hobbs | $1,140 |
| 7 | Santa Teresa | $1,130 |
| 8 | Las Cruces | $1,124 |
| 9 | Farmington | $1,100 |
| 10 | Carlsbad | $1,080 |
| 11 | Roswell | $1,030 |
| 12 | Clovis | $980 |
| 13 | Silver City | $960 |
| 14 | Portales | $930 |
| 15 | Alamogordo | $930 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 2 of these cities have cheaper 2-bedroom rents than Albuquerque.
| City | Distance | 2-Bedroom rent | vs Albuquerque |
|---|---|---|---|
| Rio Rancho, NM | 15.6 mi | $1,695 | +$312 (+23%) |
| Los Lunas, NM | 40.3 mi | $1,410 | +$27 (+2%) |
| Los Alamos, NM | 55 mi | $1,400 | +$17 (+1%) |
| Santa Fe, NM | 59.1 mi | $1,690 | +$307 (+22%) |
| Farmington, NM | 155.8 mi | $1,100 | $-283 (-20%) |
| Roswell, NM | 183.5 mi | $1,030 | $-353 (-26%) |
2-Bedroom rent in Albuquerque — common questions
How much is a 2-bedroom apartment in Albuquerque?
As of July 2026, the median 2-bedroom apartment rent in Albuquerque, New Mexico is $1,383 per month. This is +7% below the citywide median of $1,486.
What income do you need to afford a 2-bedroom in Albuquerque?
Using the standard 30% rent-to-income rule, you would need an annual income of about $55,320 ($4,610/month gross), which works out to roughly $26.60/hour at a full-time job.
Is Albuquerque expensive for a 2-bedroom compared to the rest of the US?
Albuquerque's 2-bedroom median of $1,383 is +16% below the national 2-bedroom median of $1,655. It ranks in the 32th percentile of US cities tracked.
How does Albuquerque rank for 2-bedroom rent in New Mexico?
Among the 15 cities in New Mexico with 2-bedroom data, Albuquerque ranks #11 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Albuquerque?
Yes — nearby cities with cheaper 2-bedroom rents include Farmington ($1,100), Roswell ($1,030).