
Cheap Apartments for Rent in Albuquerque, NM from $400 with Laundry Facility (99 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in Albuquerque.


Dorado Heights

Three Fountains

Villa Hermosa

Sunrise Apartments

CRESTWOOD APARTMENTS

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North Park Apartments

The Lakes

Candlelight Square

Playa Del Sol
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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Peaks at Sandia View

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Arrowhead Pointe

Peaks at Los Ranchos

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Mesa Ridge Apartments

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Canoan Village

Sunset Pointe

Woodberry Heights

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The June

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405 Dorado Ct SE, Unit D

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Sun Plaza
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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La Vida Buena Apartments

Villa Serena Apartments

Telegraph Hill

Villas de la Terraza

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Pinon Terrace

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Nine-O-Nine Apartments

Villas Del Cielo

Silverado

Four Seasons

Tesoro on Spain
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.

Academy Heights Apartments

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MOUNTAIN VISTA

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Calero

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The Reserve

Northeastern

De Anza - Nob Hill Luxury Apartments

Overlook

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Glo Apartments

Taylor Ranch Luxury Apartments

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The Artisan @ Sawmill Village

The Heights at Tramway

Puerta Del Sol

Taylor Ridge Apartments

Warren Continental

Warren Park Apartments

Columbian Apartments

Volcanes Commons

Panorama

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Entrada Pointe
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 | $1,103 | $599 | $2,259 |
| Albuquerque 1 Bedroom Apartments | $1,317 | $716 | $2,671 |
| Albuquerque 2 Bedroom Apartments | $1,622 | $800 | $5,381 |
| Albuquerque 3 Bedroom Apartments | $2,059 | $931 | $3,915 |
| Albuquerque 4 Bedroom Apartments | $2,978 | $1,300 | $3,763 |
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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.