Affordable & Income-Based Housing in Albuquerque

Affordability

In Albuquerque, the median household income is $68,317 and the median gross rent is $1,145 per month, with renters making up 38% of households, according to Census ACS 5-Year data (2024). Lease Lantern tracks 42 HUD-assisted and income-restricted properties totaling 2,489 units across the city.

Safety

According to FBI Crime Data Explorer, the Albuquerque Police Department reported a violent crime rate of 1,194 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Albuquerque

The assisted properties in Albuquerque score as Somewhat Walkable (53), with Some Transit (39) and a strong Bike Score of 73, according to Walk Score. These scores reflect conditions around the assisted properties specifically, not the city as a whole.

• Walk Score: 53 - Somewhat Walkable
• Transit Score: 39 - Some Transit
• Bike Score: 73

Schools

Albuquerque is served by 200 public schools across 30 districts, including 105 elementary, 30 middle, and 64 high schools, plus 1 other, according to NCES Common Core of Data. Quality and programs vary by school and district, so renters should check the assigned schools for a specific address before signing a lease.

Cost of Renting in Albuquerque

The median household income in Albuquerque is $68,317 per year, and the median monthly rent across all rentals is $1,145, according to Census ACS 5-Year estimates. Income-based housing programs tie rent to a percentage of your income, which can make a significant difference for households paying market-rate rents.

• Median household income: $68,317/year (Census ACS 5-Year)
• Median market rent: $1,145/month (Census ACS 5-Year)
• Renter households: 38% of Albuquerque residents rent their homes (Census ACS 5-Year)
• Affordable units tracked on Lease Lantern: 2,489 across 42 HUD-assisted and income-based properties

Flood and Environmental Exposure

All 42 assisted properties in Albuquerque have been mapped for flood risk. None are located in a high-risk flood zone, according to HUD-assisted property data.