What percentage of people rent in Albuquerque, NM?

Name: Renters and owners in Albuquerque, NM, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

38.2% (±0.7 points) of the occupied homes in Albuquerque, NM are rented (2020–2024 American Community Survey).

That is 93,057 renting households against 150,676 that own their home.

In Albuquerque, the share of households that rent went from 40.3% in 2015–2019 to 38.2% in 2020–2024 (−2.1 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 38.2% (±0.7 points)
Renting households: 93,057 (±1,756)
Median renter income: $44,444 (±$1,545)

Who rents and who owns in Albuquerque

Tenure, estimate (90% margin of error)
	Albuquerque	Bernalillo County	New Mexico	United States
Renter-occupied share	38.2% (±0.7 points)	35.5% (±0.6 points)	30.0% (±0.4 points)	34.8%
Renting households	93,057 (±1,756)	101,241 (±1,886)	251,477 (±3,297)	45,017,354
Owning households	150,676 (±1,947)	184,254 (±1,984)	585,937 (±3,814)	84,210,142
Average renter household size	2.0 (±0.0)	2.0 (±0.0)	2.2 (±0.0)	2.3
Average owner household size	2.4 (±0.0)	2.5 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$44,444 (±$1,545)	$44,381 (±$1,486)	$40,497 (±$955)	$52,966
Median owner household income	$88,372 (±$2,215)	$88,431 (±$2,003)	$77,401 (±$970)	$100,009

In Albuquerque, the renter share is higher than in Bernalillo County (35.5%).

It is also higher than in New Mexico (30.0%).

It is higher than the national figure (34.8%).

In Bernalillo County, Albuquerque ranks 2 of 12 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 29 of 205.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Albuquerque has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	40.3% (±0.7 points)	38.2% (±0.7 points)	−2.1 percentage points	Measurable decrease
Median gross rent	$873 (±$10)	$1,145 (±$17)	+31.2%	Up after inflation
Median household income	$52,911 (±$863)	$68,317 (±$1,677)	+29.1%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Albuquerque

Nearest places with a published estimate, compared with Albuquerque
Place	Distance	Households that rent	Compared with this place
Albuquerque	—	38.2% (±0.7 points)	—
Los Ranchos de Albuquerque	4.0 mi	19.8% (±7.1 points)	Lower
North Valley	4.9 mi	23.7% (±7.2 points)	Lower
Kirtland AFB	6.2 mi	97.9% (±3.5 points)	Higher
South Valley	6.9 mi	25.6% (±3.5 points)	Lower
Paradise Hills	7.2 mi	24.3% (±10.4 points)	Lower
Corrales	9.4 mi	8.8% (±3.5 points)	Lower
Sandia Heights	10 mi	5.6% (±3.2 points)	Lower
Rio Rancho	13 mi	17.8% (±1.7 points)	Lower

Nearby places with a measurably lower figure: Los Ranchos de Albuquerque, NM (19.8%), North Valley, NM (23.7%), South Valley, NM (25.6%).

Nearby places with a measurably higher figure: Kirtland AFB, NM (97.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Bernalillo County, place by place

Rank	Place	Households that rent
1	Kirtland AFB	97.9% (±3.5 points)
2	Albuquerque	38.2% (±0.7 points)
3	South Valley	25.6% (±3.5 points)
4	Paradise Hills	24.3% (±10.4 points)
5	North Valley	23.7% (±7.2 points)
6	Los Ranchos de Albuquerque	19.8% (±7.1 points)
7	Tijeras	15.3% (±11.5 points)
8	Barton	12.1% (±11.4 points)

Showing 8 of 12 places in Bernalillo County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Albuquerque

How many renters are there in Albuquerque?

Albuquerque has an estimated 93,057 (±1,756) renting households, 38.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Albuquerque?

In Albuquerque, the share of households that rent went from 40.3% in 2015–2019 to 38.2% in 2020–2024 (−2.1 percentage points), a measurable decrease.

How big are renting households in Albuquerque?

A renting household in Albuquerque has 2.0 people on average, against 2.4 in an owned home.

How much do renters earn in Albuquerque?

The median renting household in Albuquerque, NM has an income of $44,444 (±$1,545) a year, against $88,372 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Albuquerque city, New Mexico (place:02000, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.