
Cheap 1 Bedroom Apartments for Rent in Albuquerque, NM from $500 (282 Rentals) Page 3 of 6


La Vida Buena Apartments

Cloverleaf Apartments

Northpointe Village

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Studios on Route 66

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Glo Apartments

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Canoan Village

Dorado Heights

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The Reserve

Academy Heights Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Aydan

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Eagle Point Apartments

Tesoro on Spain

Overlook

300 San Pasquale Ave NW

Villas de la Terraza

Peaks at Los Ranchos

The Aspens

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Taylor Ranch

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Nine-O-Nine Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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1207 Barelas St SW

Villa Serena Apartments

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Spring Park

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Casa Tierra

Telegraph Hill

Cottonwood Ranch

Del Rio Apartments

410 Harvard Dr SE, Unit C

410 Harvard Dr SE, Unit 1

11715 Menaul Blvd NE
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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AYA ABQ

1521 Gold Ave SE

City View

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Quincy

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The Aubry

River Walk at Puerta de Corrales

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CIBOLA VILLAGE

Puerta Del Sol

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Diamond Mesa

Oak Tree Park
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Vista Del Sol Apartments

Indigo Park

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Circ

Landmark Apartments

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Sierra Meadows

Alvarado Apartments

Solaire

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1204 Sawmill Rd NW

3409 Crest Ave SE

417 Sycamore St SE
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albuquerque Studio Apartments | $991 | $645 | $2,701 |
| Albuquerque 1 Bedroom Apartments | $1,295 | $500 | $2,868 |
| Albuquerque 2 Bedroom Apartments | $1,585 | $775 | $3,634 |
| Albuquerque 3 Bedroom Apartments | $1,987 | $1,066 | $4,419 |
| Albuquerque 4 Bedroom Apartments | $2,615 | $1,300 | $3,808 |
Browse Top Apartments in Albuquerque
See all Apartments in AlbuquerqueExplore Albuquerque
Albuquerque, NM Area Reviews
Frequently Asked Questions about Cheap Albuquerque Apartments
What is a cheap apartment in Albuquerque?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Albuquerque is under $765.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is 1516 Tijeras Ave NE which is listed at $635, while the average apartment in Albuquerque costs $1,351.
What types of apartments are the cheapest in Albuquerque?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2,605 regular apartments in Albuquerque that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Albuquerque?
Cheap apartments in Albuquerque have an average cost of $282 which is $1,069 cheaper than the average rent for all rentals in Albuquerque.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.

Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.