Albuquerque, NM Metro Area: Median Gross Rent Trend
How Albuquerque, NM Metro Area's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$850
2023
$1,102
Total change
+$252
% change
+29.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $850 | — |
| 2019 | $892 | +$42 (4.9%) |
| 2020 | $908 | +$16 (1.8%) |
| 2021 | $952 | +$44 (4.8%) |
| 2022 | $1,035 | +$83 (8.7%) |
| 2023 | $1,102 | +$67 (6.5%) |