THE SECOND QUARTER OF THE YEAR IS USUALLY A BUSY TIME FOR APARTMENT RENTING IN ALBUQUERQUE. BUT NOT SO THIS YEAR, ACCORDING TO REALFACTS, BASED IN CALIFORNIA. IT FINDS ALBUQUERQUE PALES NEXT TO CITIES LIKE SAN JOSE, CALIFORNIA, AND AUSTIN, TEXAS WHEN IT COMES TO APARTMENT RENTALS.
THE REPORT SAYS THAT, AMONG 41 METRO AREAS, ALBUQUERQUE HAD THE 13TH LOWEST OCCUPANCY RATE FROM APRIL THROUGH JUNE. THE AVERAGE RENT IN ALBUQUERQUE DURING THAT TIME WAS 775-DOLLARS … JUST SLIGHTLY DOWN FROM WHAT IT WAS DURING THE FIRST QUARTER.
