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$1,048 - $1,4731 to 3 Bedroom Apartments Available Now
Villa Hermosa
2600 Americare Ct NWAlbuquerque, NM 87120
Cheap Gated Apartments for Rent in Albuquerque, NM from $400 (70 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Albuquerque.
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$1,054 - $1,4041 to 2 Bedroom Apartments Available Now
Mesa Ridge Apartments
3501 Atrisco Dr NWAlbuquerque, NM 87120
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$1,0712 Bedroom Apartments Available Now
Desert Park
900 Valencia Dr SEAlbuquerque, NM 87108
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$1,088 - $1,6791 to 4 Bedroom Apartments Available Now
Tierra Linda
3450 98th StAlbuquerque, NM 87121
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$1,118 - $1,6751 to 2 Bedroom Apartments Available Sep 4
Academy Heights Apartments
5555 Wyoming Blvd NEAlbuquerque, NM 87109
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$1,125 - $1,595Studio to 2 Bedroom Apartments Available Now
Peaks at Los Ranchos
6134 4th St NWAlbuquerque, NM 87107
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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$1,125 - $2,2301 to 3 Bedroom Apartments Available Now
Silverado
5741 Osuna Rd NEAlbuquerque, NM 87109
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$1,131 - $1,672
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$1,131 - $1,672
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The June
13150 Wenonah Ave SEAlbuquerque, NM 87123
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$1,143 - $1,620
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1 to 3 Bedroom Apartments Available Sep 8Total Monthly Price
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$1,143 - $1,620
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The Reserve
1001 Tramway Blvd NEAlbuquerque, NM 87112
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$1,150 - $2,300Studio to 2 Bedroom Apartments Available Now
De Anza - Nob Hill Luxury Apartments
4307 Central Ave NEAlbuquerque, NM 87108
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$1,150 - $1,2002 Bedroom Apartments Available Now
Four Seasons
120 Cornell Dr SEAlbuquerque, NM 87106
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$1,154 - $1,919
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,154 - $1,919
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Odyssey Apartments
10600 Cibola Loop NWAlbuquerque, NM 87114
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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$1,165 - $1,3801 to 2 Bedroom Apartments Available Now
The Lakes
4800 San Mateo Ln NEAlbuquerque, NM 87109
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$1,167 - $3,0951 to 3 Bedroom Apartments Available Now
Indigo Park
7600 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,195 - $1,395
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$1,195 - $1,395
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$1,195 - $1,395
Nine-O-Nine Apartments
909 Tijeras Ave NWAlbuquerque, NM 87102
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$1,199 - $2,1502 to 3 Bedroom Apartments Contact Us For Availability
The Heights at Tramway
3101 Lori Pl NEAlbuquerque, NM 87111
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1 to 2 Bedroom Apartments
Columbian Apartments
208 Columbia Dr SEAlbuquerque, NM 87106
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1 to 3 Bedroom Apartments
Volcanes Commons
6901 Glenrio Rd NWAlbuquerque, NM 87121
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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1 Bedroom Apartments
Harvard
124 Harvard Dr SEAlbuquerque, NM 87106
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$1,098Studio Apartments Available Aug 25
The Panorama
1465 Rio Rancho Blvd SERio Rancho, NM 87124
Showing Results 51-70, Page 2 of 2
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 | $1,023 | $645 | $2,850 |
| Albuquerque 1 Bedroom Apartments | $1,288 | $500 | $2,868 |
| Albuquerque 2 Bedroom Apartments | $1,595 | $735 | $3,523 |
| Albuquerque 3 Bedroom Apartments | $2,046 | $1,066 | $4,276 |
| Albuquerque 4 Bedroom Apartments | $3,279 | $1,300 | $9,739 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 $750.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is 501 Texas Street NE which is listed at $695, while the average apartment in Albuquerque costs $1,345.
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 2,440 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 $251 which is $1,094 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.
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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
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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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.