Albuquerque multifamily fundamentals remained mixed at the beginning of the third quarter, as short-term rent growth stayed positive on the heels of a much softer 2025. Average advertised asking rents rose 0.2%, on a trailing three-month basis, to $1,402, matching the U.S. increase to $1,771. Year-over-year, asking rents declined 0.8%, while the U.S. saw a 0.2% gain, as reported in the national multifamily market outlook<\/strong><\/a>. The occupancy rate in stabilized assets slid 30 basis points over 12 months, to 94.3% as of June.<\/p>\n\n\n