Studio Apartment Rent in Albuquerque, NM
Median asking rent for a studio apartment in Albuquerque, New Mexico as of July 2026. That's +36% lower than the citywide median of $1,486 and +26% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Albuquerque
Compare Albuquerque's median rent across every apartment size.
Cheapest cities for a studio in New Mexico
| # | City | Studio rent |
|---|---|---|
| 1 | Alamogordo | $640 |
| 2 | Clovis | $670 |
| 3 | Portales | $680 |
| 4 | Roswell | $750 |
| 5 | Silver City | $770 |
| 6 | Carlsbad | $790 |
| 7 | Las Cruces | $800 |
| 8 | Santa Teresa | $800 |
| 9 | Hobbs | $810 |
| 10 | Farmington | $890 |
| 11 | Albuquerque (this page) | $949 |
| 12 | Los Lunas | $970 |
| 13 | Los Alamos | $990 |
| 14 | Rio Rancho | $1,165 |
| 15 | Santa Fe | $1,283 |
Most expensive cities for a studio in New Mexico
| # | City | Studio rent |
|---|---|---|
| 1 | Santa Fe | $1,283 |
| 2 | Rio Rancho | $1,165 |
| 3 | Los Alamos | $990 |
| 4 | Los Lunas | $970 |
| 5 | Albuquerque (this page) | $949 |
| 6 | Farmington | $890 |
| 7 | Hobbs | $810 |
| 8 | Santa Teresa | $800 |
| 9 | Las Cruces | $800 |
| 10 | Carlsbad | $790 |
| 11 | Silver City | $770 |
| 12 | Roswell | $750 |
| 13 | Portales | $680 |
| 14 | Clovis | $670 |
| 15 | Alamogordo | $640 |
Nearby cities — studio rent
Considering nearby alternatives? 2 of these cities have cheaper studio rents than Albuquerque.
| City | Distance | Studio rent | vs Albuquerque |
|---|---|---|---|
| Rio Rancho, NM | 15.6 mi | $1,165 | +$216 (+23%) |
| Los Lunas, NM | 40.3 mi | $970 | +$21 (+2%) |
| Los Alamos, NM | 55 mi | $990 | +$41 (+4%) |
| Santa Fe, NM | 59.1 mi | $1,283 | +$334 (+35%) |
| Farmington, NM | 155.8 mi | $890 | $-59 (-6%) |
| Roswell, NM | 183.5 mi | $750 | $-199 (-21%) |
Studio rent in Albuquerque — common questions
How much is a studio apartment in Albuquerque?
As of July 2026, the median studio apartment rent in Albuquerque, New Mexico is $949 per month. This is +36% below the citywide median of $1,486.
What income do you need to afford a studio in Albuquerque?
Using the standard 30% rent-to-income rule, you would need an annual income of about $37,960 ($3,163/month gross), which works out to roughly $18.25/hour at a full-time job.
Is Albuquerque expensive for a studio compared to the rest of the US?
Albuquerque's studio median of $949 is +26% below the national studio median of $1,290. It ranks in the 23th percentile of US cities tracked.
How does Albuquerque rank for studio rent in New Mexico?
Among the 15 cities in New Mexico with studio data, Albuquerque ranks #11 from cheapest to most expensive.
Are there cheaper studio options near Albuquerque?
Yes — nearby cities with cheaper studio rents include Farmington ($890), Roswell ($750).