Surrounding Metropolitan Area
Albuquerque, New Mexico is a part of the Albuquerque, NM metropolitan area, and contains 42 zip codes, including: 87192, 87108, 87121, 87199, 87110, and 87119.
Albuquerque Demographics & Economic Trends
The 2019 average effective rent for Class A, B, and C apartments in the Albuquerque, NM metropolitan area was $868, which is 17.46% lower than 2014 average rent. This represents a compounded annual growth rate of 3.27%. 2019 vacancy in Albuquerque, NM was 3.90%.
The total population of the city of Albuquerque, NM has grown 2.63% since 2010. As of 2018, the population was 560,218. The median household income of the Albuquerque was $51,128, which is 15.20% lower than the national average.
Submarket Area
Avg Rent
Rent Growth
Vacancy
Median Income
Population (2018)
Population Growth
Vs. Nat’l Avg
Zip Codes
Albuquerque, NM
$868
17.46%
3.90%
$51,128
560,218
2.63%
15.20%
87101 87102 87103 87104 87105 87106 87107 87108 87109 87110 87111 87112 87113 87114 87115 87116 87119 87120 87121 87122 87123 87125 87131 87151 87153 87154 87158 87176 87181 87184 87185 87187 87190 87191 87192 87193 87194 87195 87196 87197 87198 87199
Submarket Area Albuquerque, NM
Avg Rent $868
Rent Growth 17.46%
Vacancy 3.90%
Median Income $51,128
Population (2018) 560,218
Population Growth 2.63%
Vs. Nat’l Avg 15.20%
Zip Codes 87101 87102 87103 87104 87105 87106 87107 87108 87109 87110 87111 87112 87113 87114 87115 87116 87119 87120 87121 87122 87123 87125 87131 87151 87153 87154 87158 87176 87181 87184 87185 87187 87190 87191 87192 87193 87194 87195 87196 87197 87198 87199