Albuquerque

As of May 2026, Albuquerque, Santa Fe, Taos have 1,989 active Airbnb and VRBO listings. This represents a 15% decrease from the previous year.

The average Airbnb or VRBO in Albuquerque generates $34K per year. High-performing properties earn $65K/year, while low-performing properties earn $11K/year. This wide revenue spread suggests that market performance is highly polarized, as the 15% drop in total supply has not prevented a concurrent 16% decline in overall revenue.

Average home prices in Albuquerque vary by property size: 1-bedroom properties cost approximately $198K, 2-bedroom homes average $291K, 3-bedroom properties are around $385K, and 4+ bedroom homes average $476K. These prices reflect median home values across the Albuquerque, Santa Fe, Taos area.

Airbnb and VRBO can be profitable in Albuquerque, with an average gross yield of 9% across all properties. High-performing properties achieve yields up to 16%, which is considered top for short-term rental investment. The gap between these figures highlights that top-tier assets are significantly better positioned to absorb the recent 16% revenue contraction.

The average occupancy rate for Airbnbs and VRBOs in Albuquerque is 44%. This occupancy level, combined with an average nightly rate of $196, results in a RevPAR (revenue per available room) of $62 per day.

4+ bedroom properties demonstrate the strongest performance in Albuquerque, with an average gross yield of 13% and annual revenue of $66K. These properties balance purchase price ($476K), operating costs, and rental demand most effectively in the Albuquerque market.

Short-term rental regulations vary by jurisdiction in the Albuquerque area. Albuquerque: Moderate. Business registration required, zoning compliance, no owner-occupancy rule. Complaint-driven enforcement, many operate informally. Santa Fe: Strict. Annual permit mandatory, 1% property tax, owner-occupancy required in residential zones, density caps by neighborhood. Active enforcement with fines and shutdowns. Taos: Lenient. Business license and lodgers tax required, minimal restrictions. Light enforcement, largely self-regulated through tax collection. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Albuquerque Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 15% year-over-year, while RevPAR has decreased 16%. This indicates balanced supply-demand dynamics, where market contraction is occurring symmetrically across both inventory volume and per-unit earnings.

Launch around July, 2-3 months before peak fall season (October peaks). This pre-peak timing lets you build reviews when competition is -4% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (June-January) when gaining traction is harder.

The most common amenities in Albuquerque listings include: Kitchen (96%), Air Conditioning (96%), Tv (90%), Washing Machine (84%), Heating (73%). Amenities that boost revenue the most include Pool, Hot Tub, Washing Machine, with Pool properties earning approximately 72% more ($68K/year vs $39K/year).

Monthly estimated revenue per listing in Albuquerque over the last 12 months: May: $2K, June: $2K, July: $2K, August: $2K, September: $2K, October: $3K, November: $2K, December: $2K, January: $1K, February: $1K, March: $2K, April: $2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Albuquerque is $196, up 19% year-over-year. By property size: 1-bedroom properties average $115/night, 2-bedroom properties average $160/night, 3-bedroom properties average $227/night, 4+ bedroom properties average $389/night. Rates peak in October and are lowest in January.

Guests in Albuquerque book an average of 29 days in advance, down 16% from last year. By property size: 1-bedroom: 27 days, 2-bedroom: 29 days, 3-bedroom: 30 days, 4+ bedroom: 35 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Albuquerque Airbnb and VRBO market has seen the following changes: supply declined 15%, revenue per listing decreased 16%, occupancy fell 6%, average nightly rates increased 19%, and lead time decreased 16%. These metrics reveal a shift toward shorter booking windows and higher pricing tiers, even as overall unit performance faces downward pressure.

In Albuquerque, Friday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 30% higher occupancy than weekdays.