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Albuquerque Property Management

Earn more and stress less with all the tools + expert services you need to manage your rental property in Albuquerque.

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$250M+

Total rent guaranteed

10,000+

Owners served

About Nomad

Nomad makes it easy to rent your Albuquerque long-term property and provides financial certainty with guaranteed rent and $500k in property protection. With flexible marketing services, you can choose how involved you want to be in marketing the property and finding tenants. Plus, all owners get access to the owner’s portal where you can track earnings, manage maintenance requests and more!

Renting in Albuquerque

Albuquerque is mostly owner-occupied, with about 38% of homes rented, and 62% of its housing is single-family detached, according to the U.S. Census Bureau's 2020–2024 American Community Survey. Half the homes were built before 1983, and homes built before 1978 need a federal lead-based paint disclosure. The median renter household pays $1,145 a month including utilities. That figure includes apartments, so price a house against comparable houses.

New Mexico rules every landlord should know

Security deposit limit
1 month's rent for leases under 1 year. For leases of 1 year or more there is no fixed cap, but the landlord must pay interest on a deposit above 1 month's rent
Deposit return deadline
30 days after the lease ends or the tenant moves out, whichever is later, with an itemized list of deductions
Late fee limit
5% of the rent for each rental period it is late, only if the lease provides for a late fee
Notice before entering
24 hours in writing, unless agreed otherwise. Not required in an emergency or for repairs within 7 days of the tenant's request
Notice to end a month-to-month lease
30 days in writing before the rent due date

Reviewed October 2026. General information, not legal advice.

“It was easy working with Nomad. Once I signed up, my Nomad contact immediately got to work booking a photographer for my home. The pictures came out beautiful. She helped me every step of the way to make sure I not only understood the process but got my home rented. She gave me ideas to find a renter in under a month.”

Amber H.

New Mexico · since 2026

Property management in Albuquerque: common questions

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Nomad proudly serves owners in New Mexico.

Albuquerque, Las Cruces, Rio Rancho

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