What is the rental vacancy rate in Albuquerque, NM?

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

The rental vacancy rate in Albuquerque, NM is 5.9% (±0.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.7% (±0.2 points).

14,445 (±1,059) homes, 5.6% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Albuquerque, the rental vacancy rate went from 7.9% in 2015–2019 to 5.9% in 2020–2024 (−2.0 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Rental vacancy rate: 5.9% (±0.7 points)
Homeowner vacancy rate: 0.7% (±0.2 points)
Vacant homes: 14,445 (±1,059)

Vacancy in Albuquerque against Bernalillo County, its state and the nation

Estimate (90% margin of error)
	Albuquerque	Bernalillo County	New Mexico	United States
Rental vacancy rate	5.9% (±0.7 points)	5.6% (±0.6 points)	5.9% (±0.4 points)	5.5%
Homeowner vacancy rate	0.7% (±0.2 points)	0.7% (±0.2 points)	1.0% (±0.1 points)	0.9%
Vacant housing units	14,445 (±1,059)	17,251 (±1,076)	119,550 (±2,688)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Albuquerque, the rental vacancy rate is not measurably different from Bernalillo County (5.6%).

It is not measurably different from New Mexico (5.9%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Albuquerque

Nearest places with a published estimate, compared with Albuquerque
Place	Distance	Rental vacancy rate	Compared with this place
Albuquerque	—	5.9% (±0.7 points)	—
Los Ranchos de Albuquerque	4.0 mi	10.0% (±13.5 points)	Not measurably different
North Valley	4.9 mi	0.0% (±4.2 points)	Lower
Kirtland AFB	6.2 mi	3.2% (±5.2 points)	Not measurably different
South Valley	6.9 mi	3.5% (±3.2 points)	Not measurably different
Paradise Hills	7.2 mi	0.0% (±8.7 points)	Not measurably different
Corrales	9.4 mi	0.0% (±12.7 points)	Not measurably different
Sandia Heights	10 mi	0.0% (±37.4 points)	Not measurably different
Rio Rancho	13 mi	7.9% (±3.8 points)	Not measurably different

Nearby places with a measurably lower figure: North Valley, NM (0.0%).

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

Rental vacancy rate across Bernalillo County, place by place

Rank	Place	Rental vacancy rate
1	Los Ranchos de Albuquerque	10.0% (±13.5 points)
2	Albuquerque	5.9% (±0.7 points)
3	South Valley	3.5% (±3.2 points)
4	Kirtland AFB	3.2% (±5.2 points)
5 (tie)	Barton	0.0% (±41.1 points)
5 (tie)	Isleta	0.0% (±59.9 points)
5 (tie)	North Valley	0.0% (±4.2 points)
5 (tie)	Paradise Hills	0.0% (±8.7 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

Is it hard to find a rental in Albuquerque?

The rental vacancy rate in Albuquerque, NM is 5.9% (±0.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Albuquerque tighter than it was?

In Albuquerque, the rental vacancy rate went from 7.9% in 2015–2019 to 5.9% in 2020–2024 (−2.0 percentage points), a measurable decrease.

How many homes are vacant in Albuquerque?

An estimated 14,445 (±1,059) housing units, 5.6% of the total, including seasonal homes and homes waiting to be sold or rented.

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) 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_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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.