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$1,113 - $1,7162 Bedroom Apartments Available Sep 16
Sun Plaza
4400 Montgomery Blvd NEAlbuquerque, NM 87109
Cheap 2 Bedroom Apartments for Rent in Albuquerque, NM from $890 (141 Rentals) Page 2 of 3
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$1,125 - $1,3002 Bedroom Apartments Contact Us For Availability
North Park Apartments
5327 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,1272 Bedroom Apartments Available Now
Ceja Vista Senior 55+
10001 Ceja Vista Rd SWAlbuquerque, NM 87121
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Rent Specials
$1,134 - $1,2342 Bedroom Apartments Available Now
Canyon Crest
7303 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,1402 Bedroom Apartments Available Now
Lexington Place Apartments
2800 Lexington Pl NEAlbuquerque, NM 87112
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Rent Specials
$1,146 - $2,9812 Bedroom Apartments Available Now
The June
13150 Wenonah Ave SEAlbuquerque, NM 87123
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Rent Specials
$1,150 - $1,3752 Bedroom Apartments Available Now
Milo
4217 Louisiana Blvd NEAlbuquerque, NM 87109
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$1,1502 Bedroom Apartments Contact Us For Availability
The Beach
2525 Tingley Dr SWAlbuquerque, NM 87104
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Rent Specials
$1,154 - $1,4502 Bedroom Apartments Available Now
Via Apartments
4321 Montgomery Blvd NEAlbuquerque, NM 87109
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi
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$1,1592 Bedroom Apartments Available Sep 30
Encanto Lofts Apartments
4501 Shepard Rd NEAlbuquerque, NM 87110
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$1,160 - $1,6202 Bedroom Apartments Available Sep 18
Sedona Ridge
3400 Wyoming Blvd NEAlbuquerque, NM 87111
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Rent Specials
$1,171 - $1,3952 Bedroom Apartments Available Now
Mont 44 Apartments
4401 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,175 - $1,2752 Bedroom Apartments Available Now
The Valencia Apartments
1020 Valencia DrAlbuquerque, NM 87108
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$1,180 - $2,0372 Bedroom Apartments Available Now
Union 505
801 Locust Pl NEAlbuquerque, NM 87102
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$1,185 - $1,3202 Bedroom Apartments Contact Us For Availability
Executive West - Senior Community
2215 Ambassador Rd NEAlbuquerque, NM 87112
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$1,187 - $1,2472 Bedroom Apartments Available Jan 11, 2026
Arrowhead Pointe
12021 Skyline Rd NEAlbuquerque, NM 87123
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Rent Specials
$1,188 - $1,3012 Bedroom Apartments Available Now
Villa de San Felipe
501 Coal Ave SWAlbuquerque, NM 87102
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$1,1952 Bedroom Apartments Available Now
11912 Indian School Rd NE
11912 Indian School Rd NEAlbuquerque, NM 87112
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$1,199 - $1,3502 Bedroom Apartments Available Now
The Heights at Tramway
3101 Lori Pl NEAlbuquerque, NM 87111
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$1,2002 Bedroom Apartments Available Now
Casa Del Arroyo Apartments
4900 Wyoming Blvd NEAlbuquerque, NM 87111
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$1,200 - $1,4902 Bedroom Apartments Available Now
Villas de la Terraza
6401 Academy Rd NEAlbuquerque, NM 87109
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$1,200 - $1,3002 Bedroom Apartments Available Now
Taylor Ridge Apartments
1612 Goff Blvd SWAlbuquerque, NM 87105
13401 Fruit Ave NE
AlbuquerqueNM87123
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$1,2002 Bedroom Apartment Available Now
1233 Chelwood Park Blvd NE, Unit C
1233 Chelwood Park Blvd NEAlbuquerque, NM 87112
12120 Menaul Blvd NE
AlbuquerqueNM87112
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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2 Bedroom Apartments
Patios - FREE Utilities+Standard Cable
1116-1208 Ortiz Dr SEAlbuquerque, NM 87108
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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 | $983 | $586 | $2,140 |
| Albuquerque 1 Bedroom Apartments | $1,366 | $559 | $10,000+ |
| Albuquerque 2 Bedroom Apartments | $1,590 | $890 | $3,799 |
| Albuquerque 3 Bedroom Apartments | $1,967 | $1,020 | $3,985 |
| Albuquerque 4 Bedroom Apartments | $2,259 | $1,300 | $2,850 |
Explore Albuquerque
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Getting Around Albuquerque, NM
Walk Score®
56 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Albuquerque, NM Area Reviews
Do you know the Albuquerque area?
Let everyone know!
Write a ReviewFrequently 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 $740.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is The Ridge which is listed at $905, while the average apartment in Albuquerque costs $1,849.
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 4,647 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 $333 which is $1,516 cheaper than the average rent for all rentals in Albuquerque.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
A Local Experts 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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.