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$1,095 - $1,395
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,095 - $1,395
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$1,095 - $1,395
Nine-O-Nine Apartments
909 Tijeras Ave NWAlbuquerque, NM 87102
Cheap Gated Apartments for Rent in Albuquerque, NM from $400 (66 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Albuquerque.
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$1,100 - $2,5351 to 3 Bedroom Apartments Available Now
Silverado
5741 Osuna Rd NEAlbuquerque, NM 87109
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$1,125 - $1,6501 to 2 Bedroom Apartments Available May 28
Academy Heights Apartments
5555 Wyoming Blvd NEAlbuquerque, NM 87109
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$1,125 - $1,585Studio to 2 Bedroom Apartments Available Now
Peaks at Los Ranchos
6134 4th St NWAlbuquerque, NM 87107
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$1,140 - $4,104
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,140 - $4,104
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AYA ABQ
5324 San Mateo Blvd NEAlbuquerque, NM 87109
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.
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$1,143 - $1,620
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1 to 3 Bedroom Apartments Available NowTotal 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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$1,145 - $1,753
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$1,145 - $1,753
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The June
13150 Wenonah Ave SEAlbuquerque, NM 87123
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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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$1,179 - $2,517
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,179 - $2,517
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Stride West
6101 Sequoia Rd NWAlbuquerque, NM 87120
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.
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$1,189 - $3,1551 to 3 Bedroom Apartments Available Now
Indigo Park
7600 Montgomery Blvd NEAlbuquerque, NM 87109
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$1,199 - $2,1502 to 3 Bedroom Apartments Available Now
The Heights at Tramway
3101 Lori Pl NEAlbuquerque, NM 87111
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$1,2001 Bedroom Apartment Available Now
417 Princeton Dr. SE, Unit "B", Unit "B"
417 Princeton Dr. SEAlbuquerque, NM 87106
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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
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.
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$1,098 - $1,475Studio to 1 Bedroom Apartments Available Jun 10
The Panorama
1465 Rio Rancho Blvd SERio Rancho, NM 87124
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 | $1,019 | $645 | $2,398 |
| Albuquerque 1 Bedroom Apartments | $1,306 | $439 | $2,548 |
| Albuquerque 2 Bedroom Apartments | $1,618 | $772 | $5,442 |
| Albuquerque 3 Bedroom Apartments | $2,086 | $985 | $3,980 |
| Albuquerque 4 Bedroom Apartments | $3,049 | $1,300 | $3,763 |
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 $749.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is Tesota Four Hills which is listed at $666, while the average apartment in Albuquerque costs $2,122.
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 5,107 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 $379 which is $1,743 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
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 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.
Albuquerque Uncovered: Your Local Experts 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.
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.