Can An Accountant Afford Rent in Albuquerque, NM?

Comfortably affordable — rent takes 21.8% of gross income.

Albuquerque rent: June 2026. Salary: BLS OEWS May 2024 (New Mexico state estimate).

Albuquerque median rent
$1,486/mo
Accountant salary (New Mexico)
$81,702/yr
Rent as % of income
21.8%
Gross monthly income works out to about $6,809, and the 30% rule supports up to $2,043/mo in rent. Albuquerque's median rent of $1,486 leaves roughly $557/mo of headroom under that threshold. An accountant works roughly 37.8 hours a month to cover that rent.

About rent and an accountant salary

Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.

Cheaper rent nearby

These New Mexico cities have lower median rent than Albuquerque, which improves the affordability math on an accountant salary:

Alamogordo, NM
$1,484/mo (21.8% of income)
Hobbs, NM
$1,475/mo (21.7% of income)
Alamogordo, NM
$1,473/mo (21.6% of income)

Compare with full rent data for Albuquerque

View full rent data for Albuquerque, NM

Frequently asked questions

Can an accountant afford rent in Albuquerque, NM?

Median rent in Albuquerque is $1,486 a month. A typical accountant in New Mexico earns about $81,702 a year, which makes that rent 21.8% of gross monthly income. Under the 30% rule, the answer is yes.

How much rent can an accountant afford in Albuquerque?

Using the 30% rule, an accountant salary in New Mexico (~$81,702/yr) supports up to $2,043 a month in rent. Albuquerque's current median rent is $1,486/mo, which leaves a $557/mo buffer.

How many hours does an accountant work to cover rent in Albuquerque?

At an hourly equivalent of about $39 an hour, an accountant in New Mexico works roughly 37.8 hours a month to cover Albuquerque's median rent of $1,486.

Where is rent cheaper than Albuquerque for an accountant?

Nearby New Mexico cities with lower median rent include Alamogordo ($1,484/mo), Hobbs ($1,475/mo), Alamogordo ($1,473/mo). Each shifts the affordability math materially on an accountant salary.

Methodology: Salary uses the BLS-derived New Mexico state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Albuquerque, NM. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.