Albuquerque, New Mexico Short-Term Rental Market
Albuquerque STRs averaged $141/night at 65.6% occupancy in April 2026 across roughly 3,750 active listings.
Quick Answer: Albuquerque, New Mexico is an active short-term rental market. average occupancy in the Albuquerque market area is 70%. average monthly revenue in the Albuquerque market area is $2,776. average daily rate in the Albuquerque market area is $144. the top operator in the Albuquerque market area is Evolve with 77 listings. market score is 87/100 (grade A).
Market data reflects the wider Albuquerque market, which covers 5 areas. Regulations, taxes, and permit details below are specific to Albuquerque.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Albuquerque’s short-term rental market is one of the larger inventory pools in the Mountain West, with approximately 3,747 active listings across bedroom configurations. The market is dominated by entire-place rentals, which account for 3,276 of all listings (87%), while 474 private rooms and a handful of shared rooms round out the supply. The April 2026 average daily rate was $141, essentially flat year-over-year (+1.0%), while occupancy came in at 65.6%, down 4.1 percentage points from the prior year. RevPAR stands at $92.44. Revenue per listing averaged $2,408 in April 2026, a decrease of 1.6% year-over-year, reflecting mild softening in demand relative to the pandemic-era peak.
Channel distribution shows 2,335 listings on Airbnb only, 1,283 active on both Airbnb and VRBO, and 135 on VRBO only. On the bedroom mix, 1-bedroom units are the most common type (1,502 listings), followed by 3-bedrooms (979), 2-bedrooms (797), 4-bedrooms (366), and 5-bedroom-plus units (103). The market’s overall score of 86.69 out of 100 reflects strong seasonality characteristics (94.15 sub-score), solid rental demand (82.44), and moderate regulation environment (59.68).
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 56% |
| Feb | 66% |
| Mar | 72% |
| Apr | 67% |
| May | 69% |
| Jun | 73% |
| Jul | 72% |
| Aug | 69% |
| Sep | 67% |
| Oct | 63% |
| Nov | 59% |
| Dec | 62% |
Month-by-month nightly rates and revenue figures for Albuquerque are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Albuquerque market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Albuquerque market as a whole, which includes Albuquerque, so these counts are not Albuquerque-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 77 | 1,808 | ★ 4.44 |
| 2 | 505RivRents | 50 | 9,978 | ★ 4.85 |
| 3 | PiruManors | 35 | 1,245 | ★ 4.41 |
| 4 | The Dunn Dwellings | 34 | 907 | ★ 4.89 |
| 5 | Irvie Homes Vacation Rentals | 33 | 1,777 | ★ 4.79 |
What Kind of STR Should I Buy in Albuquerque?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Albuquerque are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 62.2% |
| vrbo | 3.6% |
| both | 34.2% |
Home Value Trends (Albuquerque)
Typical home values, median sale prices, and the 10-year price trend for Albuquerque are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Albuquerque — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Albuquerque requires a Short-Term Rental permit for any rental of 29 nights or fewer, established via Ordinance O-20-30 effective April 23, 2021. The initial permit costs $120 with a $90 annual renewal fee. Applications are processed through the city’s GovOS platform and require proof of STR insurance, a scaled floor plan, a posted Good Neighbor Agreement, a New Mexico Gross Receipts Tax number, and a 24/7 local emergency contact within 20 miles.
The city imposes a citywide cap of 1,200 active STR permits and limits individual operators to 3 permits per natural person. There is no owner-occupancy or primary residence requirement. STRs are permitted across most residential and commercial zones with no buffer zone requirements. A council proposal to add 100-foot buffer zones in select neighborhoods was rejected 5-4 in February 2026, the third failed tightening attempt in three years.
Tax obligations include a 5% Lodgers’ Tax plus a 1% Hospitality Fee (6% combined) and approximately 7.625% New Mexico Gross Receipts Tax on rental income. Airbnb and VRBO remit lodging taxes automatically. Enforcement is rated minimal by the area profile; an estimated 1,200 of roughly 2,000 operating STRs were unlicensed as of early 2026. Maximum overnight occupancy is 2 adults per bedroom plus 2 additional guests.
Market Comparison
Albuquerque’s April 2026 occupancy of 65.6% exceeds the approximate U.S. STR median occupancy of 55%, and its ADR of $141 is well below the national median of roughly $220, reflecting the city’s position as a mid-tier, value-oriented destination. RevPAR of $92.44 is competitive for a Mountain West secondary market.
The operator landscape is fragmented. Evolve leads with 77 listings and 1,808 reviews (average rating 4.44). 505RivRents holds second with 50 listings and 9,978 reviews, the highest review volume in the market, averaging 4.85 stars. PiruManors (35 listings, 4.41 stars) and The Dunn Dwellings (34 listings, 4.89 stars) follow closely. These five operators collectively account for roughly 229 listings, approximately 6% of total market supply, indicating a highly fragmented market without dominant institutional concentration.
Albuquerque’s market total score of 86.69 compares favorably against comparable Southwest secondary markets. Its seasonality score of 94.15 is notably high, meaning predictable seasonal demand patterns that benefit experienced operators.
Frequently Asked Questions About Albuquerque, New Mexico
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