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$715 - $1,818Built in 2025Studio to 3 Bedroom Apartments Contact Us For Availability
Calle Cuarta
3525 4th St NWAlbuquerque, NM 87107
Cheap New Apartments for Rent in Albuquerque, NM from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Albuquerque.
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$800 - $900Built in 2016Studio Apartments Contact Us For Availability
University Village
1901 University Blvd SEAlbuquerque, NM 87106
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Rent Specials
$835 - $950Built in 2023Studio Apartments Contact Us For Availability
Adobe Manor Apartments
7412 Central Ave SWAlbuquerque, NM 87121
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$850 - $950Built in 2025Studio Apartments Available Now
Route 66 Headquarters
9317 Central Ave NWAlbuquerque, NM 87121
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$900 - $1,275Built in 2016Studio to 2 Bedroom Apartments Contact Us For Availability
Imperial
205 Silver Ave SWAlbuquerque, NM 87102
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$902 - $1,232Built in 20151 to 3 Bedroom Apartments Available Now
Volcanes Commons
6901 Glenrio Rd NWAlbuquerque, NM 87121
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$941 - $1,127Built in 20231 to 2 Bedroom Apartments Available Now
Ceja Vista Senior 55+
10001 Ceja Vista Rd SWAlbuquerque, NM 87121
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$971 - $1,338Built in 20181 to 3 Bedroom Apartments Available Now
Arroyo Vista
4201 Bryn Mawr Dr NEAlbuquerque, NM 87107
Don'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.
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$1,145 - $1,895Built in 20191 to 2 Bedroom Apartments Available Now
Zocalo Lofts
400 Coal Ave SWAlbuquerque, NM 87102
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$1,170 - $1,750Built in 2016Studio to 3 Bedroom Apartments Available Now
The Artisan @ Sawmill Village
1751 Bellamah Ave NWAlbuquerque, NM 87104
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$1,200 - $2,500Built in 2019Studio to 2 Bedroom Apartments Available Now
De Anza - Nob Hill Luxury Apartments
4307 Central Ave NEAlbuquerque, NM 87108
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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.
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Built in 20221 to 2 Bedroom Apartments
Luminaria Senior Community
10600 Central Ave NEAlbuquerque, NM 87123
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$814 - $965Built in 20251 to 2 Bedroom Apartments Contact Us For Availability
Felician Villa I - Senior 55+
1301 Stephanie Rd SERio Rancho, NM 87124
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$1,098Built in 2023Studio Apartments Contact Us For Availability
Panorama
1465 Rio Rancho Blvd SERio Rancho, NM 87124
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Built in 20251 to 2 Bedroom Apartments
Felician Villa II - Senior 55+
1325 Stephanie RdRio Rancho, NM 87124
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Built in 20251 to 3 Bedroom Apartments
Trailhead at Chamizal - NOW LEASING
350 Osuna Rd NWLos Ranchos de Albuquerque, NM 87107
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.
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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 | $991 | $600 | $2,306 |
| Albuquerque 1 Bedroom Apartments | $1,359 | $559 | $10,000+ |
| Albuquerque 2 Bedroom Apartments | $1,590 | $850 | $3,799 |
| Albuquerque 3 Bedroom Apartments | $1,977 | $1,020 | $3,990 |
| Albuquerque 4 Bedroom Apartments | $2,554 | $1,300 | $3,500 |
Explore Albuquerque
Albuquerque, NM Local Guide
- Albuquerque Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Quick 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.
Albuquerque, NMPopulation: 560,218
Ranked #32
in US Census Population by City
Pet Friendly LifestyleAlbuquerque, NM
Ranked #1
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
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
Do you know the Albuquerque area?
Let everyone know!
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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 $725.
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 $2,079.
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 3,340 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 $336 which is $1,743 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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.