
Cheap Gated Apartments for Rent in Albuquerque, NM from $400 (75 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Pinewood Estates

Villa Apartments

AYA ABQ

Stride West
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

Sunset Pointe

Woodberry Heights

Silverado

Nine-O-Nine Apartments

Pinon Terrace

Villas Del Cielo

Academy Heights Apartments

The Reserve

The June

Zocalo Lofts
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.

The Lakes

Sungate

The Heights at Tramway

Casa Del Arroyo Apartments

De Anza - Nob Hill Luxury Apartments

Tesoro on Spain

1233 Chelwood Park Blvd NE, Unit C
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.
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
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
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 $740.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is 509 Girard Terrace Apartments which is listed at $559, 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.