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Studio to 2 Bedroom Apartments
Warren Continental
1000 Louisiana Blvd SEAlbuquerque, NM 87108
Cheap Apartments for Rent in Albuquerque, NM from $500 with Swimming Pool (107 Rentals) Page 3 of 3
Search the lowest-cost Apartments available for rent right now in Albuquerque.
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Studio to 4 Bedroom Apartments
Warren Park Apartments
900 Continental Loop SEAlbuquerque, NM 87108
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1 to 2 Bedroom Apartments
Columbian Apartments
208 Columbia Dr SEAlbuquerque, NM 87106
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 to 3 Bedroom Apartments
Volcanes Commons
6901 Glenrio Rd NWAlbuquerque, NM 87121
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$940 - $1,3371 to 3 Bedroom Apartments Available Now
Arrowhead Ridge
4515 Arrowhead Ridge Dr SERio Rancho, NM 87124
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$1,098Studio Apartments Available Soon
The Panorama
1465 Rio Rancho Blvd SERio Rancho, NM 87124
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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$1,197 - $1,567
Total Monthly Price
Base Rent$1,197 - $1,567
Total Monthly PriceVaries
Entrada Pointe
900 Country Club DrRio Rancho, NM 87124
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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 | $947 | $645 | $1,845 |
| Albuquerque 1 Bedroom Apartments | $1,309 | $500 | $2,495 |
| Albuquerque 2 Bedroom Apartments | $1,607 | $800 | $3,546 |
| Albuquerque 3 Bedroom Apartments | $2,063 | $1,033 | $5,525 |
| Albuquerque 4 Bedroom Apartments | $3,536 | $1,400 | $10,000+ |
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 8915 Central NE which is listed at $679, while the average apartment in Albuquerque costs $1,385.
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 2,675 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 $283 which is $1,102 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 Albuquerque's 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 Student's 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.
Articles, How-To's, and Tips
How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
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.