| Rank | | Artist | Album |
| 1 |  | Fleet Foxes | Fleet Foxes |
| 2 | | Vampire Weekend | Vampire Weekend |
| 3 | | TV on the Radio | Dear Science |
| 4 | | MGMT | Oracular Spectacular |
| 5 | | Bon Iver | For Emma, Forever Ago |
| 6 | | The Helio Sequence | Keep Your Eyes Ahead |
| 7 | | Death Cab For Cutie | Narrow Stairs |
| 8 | | Santogold | Santogold |
| 9 | | My Morning Jacket | Evil Urges |
| 10 | | Beck | Modern Guilt |
| 11 | | Sigur Ros | Meo Suo I Eyrum Vio Spilum Endalaust |
| 12 | | Okkervil River | The Stand Ins |
| 13 | | Kings of Leon | Only By the Night |
| 14 | | Portishead | Third |
| 15 | | Flight of the Conchords | Flight of the Conchords |
| 16 | | M83 | Saturdays = Youth |
| 17 | | Nick Cave & The Bad Seeds | Dig Lazarus Dig! |
| 18 | | Cut Copy | In Ghost Colours |
| 19 | | DeVotchKa | A Mad & Faithful Telling |
| 20 | | David Byrne & Brian Eno | Everything That Happens Will Happen Today |
| 21 | | The Hold Steady | Stay Positive |
| 22 | | Wolf Parade | At Mount Zoomer |
| 23 | | Elbow | The Seldom Seen Kid |
| 24 | | Deerhunter | Microcastle |
| 25 | | Frightened Rabbit | The Midnight Organ Fight |
| 26 | | Blitzen Trapper | Furr |
| 27 | | The Raconteurs | Consoler of the Lonely |
| 28 | | Cloud Cult | Feel Good Ghosts |
| 29 | | Sera Cahoone | Only as the Day is Long |
| 30 | | Hot Chip | Made in the Dark |
| 31 | | Lykke Li | Youth Novels |
| 32 | | Hercules and Love Affair | Hercules and Love Affair |
| 33 | | Girl Talk | Feed The Animals |
| 34 | | The Black Keys | Attack & Release |
| 35 | | Coldplay | Viva La Vida or Death And All His Friends |
| 36 | | Cat Power | Jukebox |
| 37 | | Of Montreal | Skeletal Lamping |
| 38 | | The Moondoggies | Dont Be a Stranger |
| 39 | | She & Him | Volume One |
| 40 | | Conor Oberst | Conor Oberst |
| 41 | | Ghostland Observatory | Robotique Majestique |
| 42 | | Crystal Castles | Crystal Castles |
| 43 | | Gnarls Barkley | The Odd Couple |
| 44 | | Dodos | Visiter |
| 45 | | Cold War Kids | Loyalty to Loyalty |
| 46 | | Grand Archives | The Grand Archives |
| 47 | | The Walkmen | You & Me |
| 48 | | The Duchess and the Duke | Shes the Duchess, Hes the Duke |
| 49 | | Nada Surf | Lucky |
| 50 | | Calexico | Carried to Dust |
| 51 | | Mates of State | Re-Arrange Us |
| 52 | | Ladytron | Velocifero |
| 53 | | Ratatat | LP3 |
| 54 | | Ra Ra Riot | The Rhumb Line |
| 55 | | Drive-By Truckers | Brighter Than Creations Dark |
| 56 | | Dr. Dog | Fate |
| 57 | | The Kills | Midnight Boom |
| 58 | | Magnetic Fields | Distortion |
| 59 | | The Raveonettes | Lust Lust Lust |
| 60 | | REM | Accelerate |
| 61 | | Thao with the Get Down Stay Down | We Brave Bee Stings and All |
| 62 | | Jenny Lewis | Acid Tongue |
| 63 | | Shearwater | Rook |
| 64 | | Department of Eagles | In Ear Park |
| 65 | | Foals | Antidotes |
| 66 | | Black Mountain | In the Future |
| 67 | | Ryan Adams & the Cardinals | Cardinology |
| 68 | | Bob Dylan | Tell Tale Signs: The Bootleg Series Vol. 8 |
| 69 | | Beach House | Devotion |
| 70 | | No Age | Nouns |
| 71 | | Animal Collective | Water Curses |
| 72 | | The National | The Virginia EP |
| 73 | | The Decemberists | Always the Bridesmaid: A Single Series |
| 74 | | Los Campesinos! | Hold On Now, Youngster |
| 75 | | Common Market | Tobacco Road |
| 76 | | The Ting Tings | We Started Nothing |
| 77 | | The Black Angels | Directions to See a Ghost |
| 78 | | King Khan & the Shrines | The Supreme Genius Of |
| 79 | | School of Seven Bells | Alpinisms |
| 80 | | Firewater | The Golden Hour |
| 81 | | Noah & the Whale | Peaceful, The World Lays Me Down |
| 82 | | Blue Scholars | Butter&Gun$ |
| 83 | | Sun Kil Moon | April |
| 84 | | (Various) | Live at KEXP Volume Four |
| 85 | | Bonnie Prince Billy | Lie Down in the Light |
| 86 | | The Roots | Rising Down |
| 87 | | Tokyo Police Club | Elephant Shell |
| 88 | | The Mountain Goats | Heretic Pride |
| 89 | | The Airborne Toxic Event | The Airborne Toxic Event |
| 90 | | Stephen Malkmus & the Jicks | Real Emotional Trash |
| 90.3 | | Jamie Lidell | Jim |
