
Cheap Gated Apartments for Rent in Albuquerque, NM from $400 (66 Rentals)
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Encino Terrace Senior

White Oak Apartments

Brandywood Park Apartments

Manzano Vista

Total Monthly Price
Tesota Four Hills

Nova Point

Millennium Flats

Rock Creek

La Vida Nueva
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

Encanto Lofts Apartments

Somerset Park

The Portals Apartments

Total Monthly Price
420 Mesilla St SE, Unit A

Total Monthly Price
Union 505

San Pedro Village

Executive West - Senior Community

Casa Del Arroyo Apartments

Montecito

Total Monthly Price
Sedona Ridge
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.

1/2 OFF FIRST MONTHS RENT

The Lanai Apartments

Casa Placida

Zocalo Lofts

147 General Arnold St NE, Unit 4

Villa Apartments

Pinewood Estates

Alvarado Apartments

Total Monthly Price
Tesota Morningside

El Paseo Apartments
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.

Total Monthly Price
AYA ABQ

Acacia Gardens

Three Fountains

Villa Hermosa

CRESTWOOD APARTMENTS

Casa de Sierra Senior Apartments

Farolito Senior Apartments

Total Monthly Price
North Park Apartments

Total Monthly Price
The French Quarter

The Lakes
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.

Candlelight Square

520 Tennessee St NE

Total Monthly Price
Arrowhead Pointe

Academy Heights Apartments

Peaks at Los Ranchos

Total Monthly Price
Mesa Ridge Apartments

Sunset Pointe

Woodberry Heights

Total Monthly Price
The June

1201 Palomas
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
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 | $1,116 | $674 | $2,259 |
| Albuquerque 1 Bedroom Apartments | $1,318 | $695 | $2,653 |
| Albuquerque 2 Bedroom Apartments | $1,622 | $800 | $5,099 |
| Albuquerque 3 Bedroom Apartments | $2,055 | $982 | $3,915 |
| Albuquerque 4 Bedroom Apartments | $3,032 | $1,300 | $3,763 |
Explore Albuquerque

Albuquerque, NM Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleThe Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albuquerque, NM Rentals by Map
See the most popular apartments and homes in Albuquerque, NM
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 $790.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is White Oak Apartments which is listed at $716, while the average apartment in Albuquerque costs $2,128.
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 4,964 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 $357 which is $1,771 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.
Articles, How-To's, and Tips

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.