What are the cheapest neighborhoods to rent an apartment in Albuquerque, NM?

The most affordable neighborhoods to rent an apartment in Albuquerque, NM are Trumbull Village , Jerry Cline Park , and Snow Heights , where rent prices are below the city average of $1,146.

What is considered a cheap rent price in Albuquerque, NM?

In Albuquerque, NM, rent is considered cheap when it's under $900 per month; that's 20% less than the city's median rent of $1,146.

How many cheap apartments are available in Albuquerque, NM?

There are 841 affordable apartments for rent in Albuquerque, NM, starting from $864/month.

Are there rent specials available in Albuquerque, NM?

There are 2,274 apartments in Albuquerque, NM with rent specials such as discounted deposits, waived fees, or a first month of free rent.

minimum rent select combobox

maximum rent select combobox

Only show listings with no broker’s fee

Housing Type

Lifestyle select combobox

Short-Term

Short term select combobox

Additional Specialties

Low Income/Income Restricted

Pet Policy select combobox

Properties accepting online applications

Properties with move-in specials

Properties that are for rent by owner

Rooms for rent

Keyword search, separate by commas.

Clear

Cheap Apartments for Rent in Albuquerque NM

841 Rentals Available

Rock Creek

3135 Comanche Rd NE, Albuquerque, NM 87107
1 / 36

Virtual Tours
Studio

$799+

1 Bed

$955

2 Beds

$1,140

Specials

Pets Allowed Fitness Center Pool Dishwasher Refrigerator Clubhouse
Valley Apartments

1812 Indian School Rd NW, Albuquerque, NM 87104
1 / 35

Videos

Virtual Tours
1 Bed

$1,245

2 Beds

$1,345+

3 Beds

$1,756

Total Monthly Price

Total Monthly Price New

Prices include base rent and required monthly fees of $83. Variable costs based on usage may apply.

Base Rent:

1 Bed

$1,162

2 Beds

$1,262+

3 Beds

$1,673

Pets Allowed Kitchen Walk-In Closets Range Tub / Shower Patio Stainless Steel Appliances
Tesota Midtown

200 Figueroa St NE, Albuquerque, NM 87123
1 / 19

Virtual Tours
1 Bed

$915+

2 Beds

$1,106+

3 Beds

$1,526+

Total Monthly Price

Total Monthly Price New

Prices include base rent and required monthly fees of $31. Variable costs based on usage may apply.

Base Rent:

1 Bed

$884+

2 Beds

$1,075+

3 Beds

$1,495+

1 Month Free

Pets Allowed Pool Dishwasher Balcony Maintenance on site CableReady
Copper Hills

4200 Spanish Bit NE, Albuquerque, NM 87111
1 / 29

Virtual Tours
1 Bed

$899

2 Beds

$1,049+

Total Monthly Price
12 Month Lease

Total Monthly Price New

Prices include base rent and required monthly fees. Variable costs based on usage may apply.

1 Month Free

Pets Allowed Pool Dishwasher Refrigerator Kitchen Walk-In Closets
Tesota Morningside

3958 Montgomery Blvd NE, Albuquerque, NM 87109
1 / 33

Virtual Tours
1 Bed

$951+

2 Beds

$1,142+

Total Monthly Price

Total Monthly Price New

Prices include base rent and required monthly fees of $36. Variable costs based on usage may apply.

Base Rent:

1 Bed

$915+

2 Beds

$1,106+

Specials

Pets Allowed Pool Dishwasher Refrigerator Kitchen Walk-In Closets
Milo

4217 Louisiana Blvd NE, Albuquerque, NM 87109
1 / 20

Virtual Tours
1 Bed

$1,168+

2 Beds

$1,121+

Total Monthly Price
12 Month Lease

Total Monthly Price New

Prices include base rent and required monthly fees of $86. Variable costs based on usage may apply.

Base Rent:

1 Bed

$1,082+

2 Beds

$1,035+

Specials

Pets Allowed
Woodberry Heights

6300 Montgomery Blvd NE, Albuquerque, NM 87109
1 / 54

Videos

Virtual Tours
1 Bed

$995+

2 Beds

$1,220

1 Month Free

Pets Allowed Fitness Center Pool Dishwasher Maintenance on site Gated Laundry Facilities
Casa de Sierra Senior Apartments

200 Valencia Dr SE, Albuquerque, NM 87108
1 / 42

Videos

Virtual Tours
1 Bed

$899+

2 Beds

$1,168

Pets Allowed Fitness Center Pool In Unit Washer & Dryer Clubhouse Business Center Gated
Sunset Pointe

6500 Montgomery Blvd NE, Albuquerque, NM 87109
1 / 30

Videos

Virtual Tours
1 Bed

$995+

2 Beds

$1,100+

Pets Allowed Fitness Center Dishwasher Controlled Access
The Ridge

557 Tramway Blvd NE, Albuquerque, NM 87123
1 / 22

Videos

Virtual Tours
1 Bed

$890

2 Beds

$815+

3 Beds

$1,360+

Discounts

Pets Allowed Pool Gated Laundry Facilities Playground
Three Fountains

2200-2204 Lester Dr NE, Albuquerque, NM 87112
1 / 55

Virtual Tours
Studio

$965

1 Bed

$1,060

2 Beds

$1,255
The Lakes

4800 San Mateo Ln NE, Albuquerque, NM 87109
1 / 55

Virtual Tours
1 Bed

$690+

2 Beds

$1,320+
Villa Apartments

1177 Cardenas Dr SE, Albuquerque, NM 87108
1 / 55

Virtual Tours
1 Bed

$1,030

2 Beds

$1,135

Specials
Millennium Flats

1020 Central Ave SW, Albuquerque, NM 87102
1 / 15

Virtual Tours
Studio

$820
Cinnamon Tree

7220 Central Ave SE, Albuquerque, NM 87108
1 / 12

Virtual Tours
Studio

$674+

1 Bed

$725+

2 Beds

$850+
FREE UTILITIES!! GREAT VIBES!!

5851 Anderson Ave SE, Albuquerque, NM 87108
1 / 55

Virtual Tours
Studio

$720

1 Month Free
Arrowhead Pointe

12021 Skyline Rd NE, Albuquerque, NM 87123
1 / 30

Virtual Tours
1 Bed

$1,013+

2 Beds

$1,257+

3 Beds

$1,587+

Total Monthly Price

Total Monthly Price New

Prices include base rent and required monthly fees of $70 - $75. Variable costs based on usage may apply.

Base Rent:

1 Bed

$943+

2 Beds

$1,187+

3 Beds

$1,517

Discounts
Desert Creek Apartments

4300 Pan American Fwy NE, Albuquerque, NM 87107
1 / 27

Virtual Tours
Studio

$815+

1 Bed

$1,036+

2 Beds

$1,188+

Total Monthly Price

Total Monthly Price New

Prices include base rent and required monthly fees of $164. Variable costs based on usage may apply.

Base Rent:

Studio

$651+

1 Bed

$872+

2 Beds

$1,024+

Specials
The Heights at Tramway

3101 Lori Pl NE, Albuquerque, NM 87111
1 / 9
2 Beds

$1,199+

3 Beds

$2,150
Nova View

1330 Louisiana Blvd NE, Albuquerque, NM 87110
1 / 47
1 Bed

$900
Somerset Park

1201 Madeira Dr SE, Albuquerque, NM 87108
1 / 40

Virtual Tours
1 Bed

$942+
Pinewood Estates

1401 Pennsylvania St NE, Albuquerque, NM 87110
1 / 45

Virtual Tours
Studio

$800+

1 Bed

$893+

2 Beds

$1,356
The Retreat at Candelaria

3011 Jane Pl NE, Albuquerque, NM 87111
1 / 38

Virtual Tours
1 Bed

$928+

2 Beds

$1,087+

Specials
Mont 44 Apartments

4401 Montgomery Blvd NE, Albuquerque, NM 87109
1 / 19

Virtual Tours
1 Bed

$914+

2 Beds

$1,154+

3 Beds

$1,331+

1 Month Free
Desert Willow

8901 Jefferson St NE, Albuquerque, NM 87113
1 / 24
1 Bed

$964

2 Beds

$1,153

Specials
Canyon Crest

7303 Montgomery Blvd NE, Albuquerque, NM 87109
1 / 39

Virtual Tours
Studio

$960+

1 Bed

$823

2 Beds+

$1,122+

Specials
Via Apartments

4321 Montgomery Blvd NE, Albuquerque, NM 87109
1 / 25
Studio

$920

1 Bed

$950+

2 Beds+

$950+

1 Month Free
The Beach

2525 Tingley Dr SW, Albuquerque, NM 87104
1 / 40

Virtual Tours
Studio

$840

1 Bed

$950

2 Beds+

$1,150
El Pueblo - Ultimate Urban Living

1015 Cardenas Dr SE, Albuquerque, NM 87108

Studio

$840

1 Bed

$972

2 Beds

$1,080

Total Monthly Price
12 Month Lease

Total Monthly Price New
Prices include all required monthly fees.
The Portals Apartments

1180 Alvarado Dr SE, Albuquerque, NM 87108

1 Bed

$845
Borderman's Reef

11201 Lomas Blvd NE, Albuquerque, NM 87112

1 Bed

$1,050

2 Beds

$1,200
CRESTWOOD APARTMENTS

3612-3620 Crest Ave SE, Albuquerque, NM 87116

1 Bed

$999
Candlelight Square

7501 Montgomery Blvd NE, Albuquerque, NM 87109

1 Bed

$969+

2 Beds

$1,007
The French Quarter

1101-1121 Palomas Dr SE, Albuquerque, NM 87108

1 Bed

$880+
Taylor Ridge Apartments

1612 Goff Blvd SW, Albuquerque, NM 87105

2 Beds

$1,200+
Madeira Court

1001 Madeira Dr SE, Albuquerque, NM 87108

Studio

$815

1 Bed

$925
Sunrise Apartments

13400 Lomas Blvd NE, Albuquerque, NM 87112

1 Bed

$975+

2 Beds

$1,155+
Nova Point Gated Community

1001 Louisiana Blvd NE, Albuquerque, NM 87110

Studio

$800+

1 Bed

$900
The Lanai Apartments

1033 Madeira Dr SE, Albuquerque, NM 87108

1 Bed

$900
Four Seasons

120 Cornell Dr SE, Albuquerque, NM 87106

2 Beds

$1,100+
Showing 40 of 154 Results - Page 1 of 4
1. 1
2. 2
3. 3
4. 4
5. Next

New Mexico Bernalillo County Albuquerque

Albuquerque, NM Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Albuquerque. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. Rent prices in Albuquerque tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Learn more about living in Albuquerque, NM

Albuquerque, NM Rental Insights

: The most affordable neighborhoods to rent an apartment in Albuquerque, NM are Trumbull Village, Jerry Cline Park, and Snow Heights, where rent prices are below the city average of $1,146.
: In Albuquerque, NM, rent is considered cheap when it's under $900 per month; that's 20% less than the city's median rent of $1,146.
: There are 841 affordable apartments for rent in Albuquerque, NM, starting from $864/month.
: There are 2,274 apartments in Albuquerque, NM with rent specials such as discounted deposits, waived fees, or a first month of free rent.

Helpful Rental Guides for Albuquerque, NM

Is Albuquerque a Good Place to Live?

Explore More on the Renterverse

Find the Perfect Albuquerque, NM Apartment

Search by Bedrooms

Filter by Popular Amenities

Stay on Budget

Other Rental Types

Find Specialty Housing

Search Nearby Rentals

Rentals Near Albuquerque

Neighborhood Apartment Rentals

Nearby Albuquerque House Rentals

New Rental Listings

Map Options

Map View

Default

Satellite

Nearby Point of Interests

Campuses

Restaurants

Transit

Neighborhoods

None

Travel Time

Search By Commute Time

Set a destination, transportation method, and your ideal commute time to see results.

Choose a destination

Select transportation method

Ideal commute time

Under 30 minutes

Commute Time is calculated at rush hour.