September 23, 2026

Matrix Multifamily Albuquerque Report – September 2026

A better spring in Albuquerque

Albuquerque advertised asking rents rose 0.2 percent on a T3 basis through July to $1,402, showing stronger growth than a year earlier despite 2025’s delivery high. Rents remained down 0.8 percent YoY, while occupancy slipped 30 bps to 94.3 percent.

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