Metro FMR · CBSA 10740 · HUD FY2026

Albuquerque, NM MSA Fair Market Rent

HUD's FY2026 Fair Market Rent for the Albuquerque, NM MSA metro area - 24% above the US average.

$1,185
1-bedroom FMR
$1,464
2-bedroom FMR
+9.3%
YoY change
+24%
vs US avg

The verdict

A 2-bedroom in the Albuquerque, NM MSA area rents at $1,464 under HUD's FY2026 Fair Market Rent - 25% above the US average, higher than 65% of the 387 metro areas HUD tracks.

#135
priciest of 387 US metros (2BR)
+25%
vs the US 2-bedroom average
$58,560
income to afford it (30% rule)
+9.3%
1BR change, FY2025→2026

Affordability & income context

Albuquerque: #135 priciest nationally · income context

At the metro's ACS median household income of $67,995, this 1-bedroom FMR takes 20.9% of annual income. It is well below the 30% affordability guide for a median-income household.

The 2-bedroom figure places Albuquerque in the middle half of HUD metro areas, using the same FY2026 HUD schedule as the national comparison.

With 915,968 residents, this is a major regional metro benchmark rather than a single-neighborhood rent quote.

Its 2-bedroom FMR sits in the middle half of HUD metro areas, so the local-income comparison is more informative than the national rank alone.

The studio-through-two-bedroom FMR bands stay below 30% of recorded median income here; the larger-bedroom rows show where that headroom narrows.

ACS median household income lags the FY2026 HUD FMR schedule. The income share is a same-metro cross-source read (Census ACS B19013 vs HUD FMR), not a same-vintage ratio.

Studio

$1,009/mo

17.8% of median income

1 Bedroom

$1,185/mo

20.9% of median income

2 Bedroom

$1,464/mo

25.8% of median income

3 Bedroom

$2,036/mo

35.9% of median income

4 Bedroom

$2,399/mo

42.3% of median income

FMR filing desk

CBSA CBSA·10740

Albuquerque: $1,185/mo 1BR · #135 of 387 metros (2BR) · FY2026 CBSA 10740

  • CBSA 10740
  • 1BR-FMR $1,185
  • 2BR-FMR $1,464
  • RANK-MID #135
  • YOY-SURGE +9.3%
  • VSUS-ABOVE +24%
  • IN-ST-HIGH #3 NM
  • INC-MID 21%
  • POP-MAJOR 916K
  • PHOTO-NEAR Farmington
  • VOUCH-90-110 $1,067–$1,304
  • FY-2026 FY2026

Photo-finish peer: Farmington ($300 1BR gap)

Read with: Understanding rent burden

Where Albuquerque sits among every US metro

2-bedroom Fair Market Rent vs. all 387 HUD metro areas

$1,464 Top 35% higher than 65% of 387 metro areas

$800–$1,000: 28 metro areas (7%). Below this entry. $1,000–$1,200: 114 metro areas (29%). Below this entry. $1,200–$1,400: 95 metro areas (25%). Below this entry. $1,400–$1,600: 52 metro areas (13%). This entry sits in this band. $1,600–$1,800: 41 metro areas (11%). Above this entry. $1,800–$2,000: 26 metro areas (7%). Above this entry. $2,000–$2,200: 9 metro areas (2%). Above this entry. $2,200–$2,400: 5 metro areas (1%). Above this entry. $2,400–$2,600: 5 metro areas (1%). Above this entry. $2,600–$2,800: 5 metro areas (1%). Above this entry. $2,800–$3,000: 4 metro areas (1%). Above this entry. $3,000–$3,200: 2 metro areas (1%). Above this entry. $3,200–$3,400: 0 metro areas (0%). Above this entry. $3,400–$3,600: 0 metro areas (0%). Above this entry. $3,600–$3,800: 0 metro areas (0%). Above this entry. $3,800–$4,000: 0 metro areas (0%). Above this entry. $4,000–$4,200: 0 metro areas (0%). Above this entry. $4,200–$4,400: 1 metro areas (0%). Above this entry. This metro $800 $4,400 every US metro, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more metro areas. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

CBSA 10740

Counties inside Albuquerque

Across 4 HUD counties in CBSA 10740, 2-bedroom FMRs cluster tightly ($1,464–$1,464, 0% spread), so the metro-wide schedule tracks most constituent counties closely.

Bernalillo County 2BR $1,464 · 675K Sandoval County 2BR $1,464 · 149K Valencia County 2BR $1,464 · 77K Torrance County 2BR $1,464 · 15K

Albuquerque studio–4BR schedule (FY2026) · 2BR #135 nationally

1BR $1,185 (+24% vs US, +9.3% YoY). Each bedroom band below is FY2026 HUD FMR for CBSA 10740.

Studio
$1,009
US avg $893
↑10.5% YoY +13% vs US
1 Bedroom
$1,185
US avg $959
↑9.3% YoY +24% vs US
2 Bedroom
$1,464
US avg $1,175
↑10.0% YoY +25% vs US
3 Bedroom
$2,036
US avg $1,525
↑9.2% YoY +34% vs US
4 Bedroom
$2,399
US avg $1,756
↑8.6% YoY +37% vs US

How Albuquerque compares on 1-bedroom rent

1-bedroom FMR vs other NM metro areas

1BR FMR / mo

What this shows Albuquerque highlighted among 3 peers · FY2026 1BR HUD FMR.

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Albuquerque: out-of-state FMR & burden peers

PlainRent pairs Albuquerque with the 4 nearest HUD 2BR schedules and 4 nearest burden matches outside NM (burden peers exclude the FMR set; pop ≥50k).

2BR FMR · outside NM

Nearest schedules by 2BR delta (FY2026).

Myrtle Beach-North Myrtle Beach-Conway
SC · 2 BR $1,465/mo
Provo-Orem-Lehi
UT · 2 BR $1,460/mo
Hanford-Corcoran
CA · 2 BR $1,469/mo
Punta Gorda
FL · 2 BR $1,470/mo

Burden % · outside NM

Nearest 2BR FMR ÷ ACS median income (FY2026).

Carson City
NV · 25.8% of income · 2 BR $1,546/mo
Walla Walla
WA · 25.8% of income · 2 BR $1,550/mo
Jackson
TN · 25.7% of income · 2 BR $1,260/mo
Watertown-Fort Drum
NY · 25.9% of income · 2 BR $1,405/mo

Albuquerque: quick answers

What is the average rent in the Albuquerque, NM MSA metro area? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Albuquerque, NM MSA is $1,185 per month. A 2-bedroom is $1,464 and a studio is $1,009.
How does Albuquerque, NM MSA rent compare to the national average? ▼
Rent in the Albuquerque, NM MSA metro area is 24% above the national average. A 1-bedroom costs $1,185 compared to $959 nationally.
Where does Albuquerque rank nationally for Fair Market Rent? ▼
HUD's FY 2026 2-bedroom FMR of $1,464 ranks #135 most expensive among 387 US metro areas (the middle half of HUD metro areas).
Do county rents differ inside the Albuquerque metro area? ▼
Yes. HUD assigns one metro-wide FMR for CBSA 10740, but 4 constituent counties publish their own county FMR schedules spanning $1,464–$1,464 for a 2-bedroom (0% spread). Use county pages for filing at the county level.

Compare Albuquerque vs Farmington →

Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).

Read our methodology - how this data is sourced, computed, and verified.

FY 2026 HUD FMR $1,185/mo · 1BR NM

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.