Site icon Polvadera Chiles and New Mexico News

ABQ rent prices jump

While Albuquerque’s rent might be low comparatively, it’s seen a moderate spike in the past year.

Rent prices saw a 1.7 percent hike year over year, putting the Duke City among the mid-size cities with the highest year-over-year rent changes, according to a new report from RentCafé. The average rent in Albuquerque is $852 per month, according to RentCafé.

As much as Albuquerque rent prices have increased, they’re still significantly lower than the national average of $1,412 — an all-time…

Source: The Business Journal

Exit mobile version