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Panorama Heights apartments for rent - Albuquerque, NM

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Average Rent in Albuquerque, NM

Avg. RentAnnual Change
Albuquerque Studio - $812-3%
Albuquerque 1 Bed - $1,162-1%
Albuquerque 2 Beds - $1,590+1%
Last updated 6/16/2024

Local Guide

See what Albuquerque, NM has to offer.

Local Reviews

Im close to down town .the town is small.there is alot of schools.there is a decent amount of food spots

I like that I can go just 5 blocks and have our favorite restaurant.I like that shopping is near and so is the Pet shop where my dog has his nails groomed.

Large backyards that are fenced for dog friendly. Neighbors keep to themselves but are always there for you if you need them.

I like to go to the supermarket after get off work to buy fresh ingredients and cook a rich dinner at home. On weekends, I have picnics in the park with my friends in the afternoon and walk the dog together.

I am fortunate enough to rent an apartment a block away from our local shopping mall. I enjoy the conviently available snipping an nd dining options often.

There are 7 neighbors out where i live. They have children that all play with my kids. Every dog in the neighborhood plays and gets along well. There is a lot of land with fences that keep out wildlife. There is no light pollution so the stars are everywhere.

Demographics

Education

High School

23%

Associate's

45%

Bachelor's

26%

Master's

4%

Doctorate

2%

Family Size

2 people

50%

3 people

26%

4 people

15%

5 people

9%

6+ people

0%

Household Income

0-50k

45%

50-100k

42%

100-150k

9%

150-200k

1%

200k+

2%

Age

0-10

12%

10-20

9%

20-45

39%

45-65

25%

65+

15%

Rent Trends

Average rent in Panorama Heights, Albuquerque, NM

In Albuquerque, NM, as of 2024, the average rent for apartments ranges from $812 to $1,590. Specifically, the average rent for a studio apartment in Panorama Heights, Albuquerque, NM is $812. For those seeking a 1-bedroom apartments, the average rent is $1,162. And for a 2-bedroom apartment, renters can expect to pay an average of $1,590.

Annual Rent Change Over the Past 12 Months

Studio

-3%

Changed from $837 to $812
1 Bed

-1%

Changed from $1,174 to $1,162
2 Beds

+1%

Changed from $1,574 to $1,590
Last updated 6/16/2024

Cost of Living

Compared to State Average

0.3%

Compared to National Average

6.7%

The cost of living in Panorama Heights, Albuquerque, NM is 0.3% lower than the state average and 6.7% lower than the national average. Panorama Heights, Albuquerque, NM housing is 14.5% less expensive than the U.S average, while utilities are about 3.3% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 2.7% less in Panorama Heights, Albuquerque, NM than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 4.8% less here compared to the U.S. average.
Cost of Living in Panorama Heights, Albuquerque, NMCompared to State AverageCompared to National Average
Housing
1.4%
14.5%
Utilities
1.5%
3.3%
Food
0.3%
2.7%
Transportation
0.9%
8.4%
Healthcare
1.2%
4.8%

Compare Other Cities

City1 Bed Avg RentAnnual Change
Rio Rancho$1,232+7%
Los Ranchos De Albuquerque$1,200--
Albuquerque$1,162-1%
City2 Beds Avg RentAnnual Change
Bernalillo$1,695--
Albuquerque$1,590+1%
Rio Rancho$1,497+16%
Los Lunas$1,000--
Belen$1,000--

Compare Neighborhoods

West Mesa

$707

1 Bed Avg. Rent

North Campus

$725

1 Bed Avg. Rent

Singing Arrow

$762

1 Bed Avg. Rent

What are the most affordable neighborhoods in Albuquerque, NM?

For renters in Albuquerque seeking more affordable options, the neighborhoods to watch are West Mesa, North Campus, and Singing Arrow, where average rents for 1-bedroom apartments stand at $707, $725, and $762 respectively. Additional areas offering value are Knob Heights and Chelwood Vista, where the rents are $765 and $775, a favorable comparison to Albuquerque's overall 1-bedroom average of $1,162.

What are the most expensive neighborhoods in Albuquerque, NM?

In Albuquerque, the neighborhoods commanding the highest rents are Nor Este, Sycamore, and Los Volcanes. A 1-bedroom apartment in Nor Este averages at $1,943, in Sycamore it averages $1,742, and in Los Volcanes, the average is $1,554. For additional high-end living options, Southeast Albuquerque offers 1-bedroom apartments at $1,527, and Nob Hill at $1,500. These rates compare to the overall average rent of $1,162 for a 1-bedroom apartment in Albuquerque, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Albuquerque, NM?

In Albuquerque, the most sought-after neighborhoods for renters include Uptown, Jerry Cline Park, and Altura. In Uptown, the average rent for a 1-bedroom apartment is $786. Jerry Cline Park sees average rents of $875 for a 1-bedroom unit. Altura offers similar appeal with 1-bedroom apartments averaging $945. For those seeking other popular areas, Alta Monte presents 1-bedroom apartments at $1,428, and Hodgin at $945. These prices are set against the backdrop of the city-wide average of $1,162 for a 1-bedroom apartment in Albuquerque, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Northwest Albuquerque$1,650+25%
Nor Este$1,5830%
Sycamore$1,576+111%
Alta Monte$1,490--
Los Volcanes$1,395--
Nob Hill$1,3500%
Southeast Albuquerque$1,312+16%
Victory Hills$1,312+16%
Academy Acres North$1,049--
Del Norte$9440%
North Easterns$915+3%
South San Pedro$885+11%
Northeast Albuquerque$850+2%
University Heights$775-18%
Downtown$765--
Uptown$728-41%
Jerry Cline Park$7250%
Southwest Albuquerque$708-36%
Canyon Acres$675--
Trumbull Village$645+3%
Huning Highland Historic District$625--
Neighborhood1 Bed Avg RentAnnual Change
Nor Este$1,943+15%
Sycamore$1,742+5%
Los Volcanes$1,554--
Southeast Albuquerque$1,527+22%
Nob Hill$1,500+37%
Alta Monte$1,428--
Seven Bar Ranch$1,341-8%
Huning Castle$1,295-28%
Northwest Albuquerque$1,292-12%
University Heights$1,200+6%
Academy Acres North$1,198+3%
La Reina de Los Altos$1,195+12%
Paradise Hills Civic$1,185+4%
Northeast Albuquerque$1,1210%
Barelas$1,075--
Sawmill Area$1,0720%
Del Norte$1,065+8%
North Easterns$1,015+3%
Westgate Heights$952-53%
South San Pedro$950+10%
Hodgin$945+1%
Altura$9450%
Southwest Albuquerque$897-46%
Jerry Cline Park$875+6%
Downtown$850-37%
Silver Hill$835--
Canyon Acres$810-16%
Uptown$786-42%
Monterey Manor$780--
Chelwood Vista$775--
Trumbull Village$775-9%
Knob Heights$765--
Singing Arrow$762-16%
North Campus$725--
West Mesa$707--
Neighborhood2 Beds Avg RentAnnual Change
Nor Este$2,267+1%
Alta Monte$2,190--
Sycamore$2,102+6%
Mesa del Oso$1,907+5%
Huning Castle$1,895-3%
Southeast Albuquerque$1,825+10%
La Reina de Los Altos$1,672--
Seven Bar Ranch$1,672-2%
Northeast Albuquerque$1,639+6%
Academy Acres North$1,602-1%
Northwest Albuquerque$1,585+2%
Downtown$1,579--
Uptown$1,525-35%
Los Volcanes$1,520--
Victory Hills$1,450--
Paradise Hills Civic$1,354+4%
North Easterns$1,295+10%
Hodgin$1,245+16%
Sawmill Area$1,2370%
Del Norte$1,235+6%
Westgate Heights$1,220-41%
Altura$1,1450%
Southwest Albuquerque$1,033-41%
South San Pedro$980-4%
North Campus$975--
Monterey Manor$950--
Trumbull Village$9250%
Canyon Acres$925-9%
Singing Arrow$875-1%
West Mesa$840--
La Mesa$700--

Transportation

Commute Time

0-15 Mins

15%

15-30 Mins

61%

30-40 Mins

17%

40-60 Mins

2%

60+ Mins

5%

Transportation Scores

Percentage: 4343

Walk Score®

Walkable

No

Say 4 of 5 renters

Has Sidewalks

Yes

Say 3 of 5 renters

Percentage: 6262

Bike Score®

Bike Friendly

Yes

Say 5 of 5 renters

Percentage: 2121

Transit Score®

They Are Located Near Public Transportation

No

Say 4 of 5 renters

Need A Car

No

Say 3 of 5 renters

Area Amenities

Top Score

Childcare

2/5 stars based on undefined reviews

Panorama Heights Albuquerque is low on childcare options so get on the waiting list early.

  1. A high number of daycares per resident
  2. 20% more daycares than average
  3. 67% more daycares than areas of a similar size

Theaters

2/5 stars based on undefined reviews

Hiding in the dressing room? Panorama Heights Albuquerque has a quiet theater scene.

  1. A high number of theaters per resident
  2. 82% more theaters than average
  3. 93% more theaters than areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this Panorama Heights Albuquerque's access to medical care.

  1. A high number of medical facilities per resident
  2. 26% fewer medical facilities than average
  3. 40% more medical facilities than areas of a similar size

Gas Stations

2/5 stars based on undefined reviews

Honk if you see a gas station.

  1. A high number of gas stations per resident
  2. 40% more gas stations than average
  3. 60% more gas stations than areas of a similar size

Restaurants

1.5/5 stars based on undefined reviews

Better stock your pantry because the restaurant scene is paltry.

  1. Few restaurants per resident
  2. An average number of restaurants
  3. A standard number of restaurants compared to areas of a similar size

Coffee

1.5/5 stars based on undefined reviews

Stock up on your home beans, because this place is out of brew.

  1. Few coffee shops per resident
  2. An average number of coffee shops
  3. A standard number of coffee shops compared to areas of a similar size

Nightlife

1.5/5 stars based on undefined reviews

Disco is definitely dead around here.

  1. Few bars and clubs per resident
  2. An average number of bars and clubs
  3. A standard number of bars and clubs compared to areas of a similar size

Health and Fitness

1.5/5 stars based on undefined reviews

Do you even lift, bro? Panorama Heights Albuquerque is weak on fitness.

  1. Few gyms per resident
  2. An average number of gyms
  3. A standard number of gyms compared to areas of a similar size

Pet Services

1.5/5 stars based on undefined reviews

We're not mutts about Panorama Heights Albuquerque.

  1. Few pet facilities per resident
  2. An average number of pet facilities
  3. A standard number of pet facilities compared to areas of a similar size

Fine Arts

1.5/5 stars based on undefined reviews

An all around mediocre performance for art.

  1. Few fine art centers per resident
  2. An average number of fine art centers
  3. A standard number of fine art centers compared to areas of a similar size

Area Features

Area Has Litter

No

Say 5 of 5 renters

Area Has Potholes

No

Say 5 of 5 renters

Busy Streets

No

Say 4 of 5 renters

Noise Late At Night

No

Say 4 of 5 renters

Mostly Older Buildings

No

Say 4 of 5 renters

Nearby Parks

Yes

Say 4 of 5 renters

Pet Friendly

Yes

Say 4 of 5 renters

Good Place To Raise A Family

Yes

Say 4 of 5 renters

Safe For Families

Yes

Say 4 of 5 renters

Near Schools

Yes

Say 3 of 5 renters

Nice Views

Yes

Say 3 of 5 renters

Quiet Area

Yes

Say 3 of 5 renters

Mostly Newer Buildings

No

Say 3 of 5 renters

Near Grocery Stores

No

Say 3 of 5 renters

Near Highways

No

Say 3 of 5 renters

Tree Lined Streets

No

Say 3 of 5 renters

Well Lit

No

Say 3 of 5 renters

Area Has Kids Play Outside

No

Say 4 of 5 renters

Near Downtown

No

Say 4 of 5 renters

Maintained Yards

No

Say 4 of 5 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Panorama Heights Albuquerque

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Albuquerque, NM 8.5 miles$1,162$1,590
Rio Rancho, NM 13.3 miles$1,232$1,497
Los Lunas, NM 23.9 miles$800$1,000
Bernalillo, NM 14.4 miles---$1,695
Corrales, NM 11.5 miles------
Alameda, NM 9.1 miles------
Moriarty, NM 26.6 miles------
South Valley, NM 9.9 miles------
Los Ranchos De Albuquerque, NM 9.2 miles$1,200---
North Valley, NM 8.9 miles------

Find Apartments in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Monterey Manor 0.7 miles$780$950
Chelwood Vista 0.8 miles$775---
Canyon Acres 1.7 miles$810$925