Posted September 11, 2018 06:29:58 The average rental price for a new car is $1,800, but the average rental in Albuquerque is $4,100, according to a new study by the Albuquerque Journal.
New Mexico has the highest rate of car rentals at 7.4 per 100,000 residents.
The Albuquerque Journal also found that the average car rental in the city is more expensive than in other cities in New Mexico.
The average cost of a new vehicle is $21,000, according the Journal, while the average cost for a used vehicle is around $8,200.
Renters in Albuquerque are more likely to be white and the city has one of the highest rates of Latino renters in the country.
Albuquerque is home to more than 9,600 jobs, but only around 7,500 of those are in the transportation sector.