Bernalillo County renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
On average, the cost of rent in Bernalillo County is about $1,211 per month. This puts it in the 88th percentile compared to the state average cost of rent, which is $1,110. Households in Bernalillo County have a median income of $5,067 per month so the average renter in Bernalillo County is spending roughly 24% of their earnings on housing.
Nationally, and in Bernalillo County, home values are the data point most closely correlated with the cost of rent. The median price of a home in Bernalillo County is $292,762 right now, which is higher than counties nearby, meaning that rents in Bernalillo County also tend to be higher versus these nearby counties.
Higher rent prices are common in the northeastern parts of Bernalillo County while lower rent rates are often available in southern areas.
Nearby Counties
- Valencia County, NM: less expensive rent prices
- Sandoval County, NM: more expensive rent prices
- Torrance County, NM: less expensive rent prices
- Santa Fe County, NM: more expensive rent prices
- Los Alamos County, NM: more expensive rent prices
- Socorro County, NM: less expensive rent prices
- Cibola County, NM: less expensive rent prices
- Rio Arriba County, NM: less expensive rent prices
- San Miguel County, NM: less expensive rent prices
- Guadalupe County, NM: less expensive rent prices
Counties with Similar Populations
- Hudson County, NJ: more expensive rent prices
- Lee County, FL: more expensive rent prices
- Jackson County, MO: less expensive rent prices
- Norfolk County, MA: more expensive rent prices
- Will County, IL: more expensive rent prices
- Fort Bend County, TX: more expensive rent prices
- Denver County, CO: more expensive rent prices
- El Paso County, CO: more expensive rent prices
- Davidson County, TN: more expensive rent prices
- Lake County, IL: more expensive rent prices
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