Rising Cost of Housing Infographic

Rising Costs of Housing. Nearly half of ABQ renters are 'cost-burdened' meaning they spend over 30% of their income on housing. We need to increase housing supply and diversity of housing types in our city. 4.1% Year over year rent increase in Albuquerque (Jan. 2025). $1,273 Median 2 bedroom rent in Albuquerque (Jan. 2025). 14.6% Median home cost increase from Jan. 2022. $365k Median home price in 2025.