Cheap Apartments for Rent in Albuquerque, NM from $500 with Utilities Included (109 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Apartments with Utilities Included.

Cheap Apartments in Albuquerque.

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.

Read Article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Read Article
close
View Me
Studios on Route 66
Rent Specials
$900 - $1,250
Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,250
Total Monthly Price
$900 - $1,250
Studio to 1 Bedroom Apartments Available Now

Studios on Route 66

13031 Central Ave NEAlbuquerque, NM 87123
Furnished
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
Playa Del Sol
$925
Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925
1 Bedroom Apartments Available Now

Playa Del Sol

444 Florida St SEAlbuquerque, NM 87108
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article
close
View Me
Canoan Village
$1,109 - $1,730
Total Monthly Price

Total Monthly Price

Base Rent
$1,109 - $1,730
Total Monthly Price
$1,109 - $1,730
Studio to 2 Bedroom Apartments Available Now

Canoan Village

5300 Eubank Blvd NEAlbuquerque, NM 87111
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Nine-O-Nine Apartments
$1,195 - $1,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,395
Total Monthly Price
$1,195 - $1,395
1 to 2 Bedroom Apartments Available Now

Nine-O-Nine Apartments

909 Tijeras Ave NWAlbuquerque, NM 87102
Transit Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Spring Park
$1,270 - $1,790
Total Monthly Price

Total Monthly Price

Base Rent
$1,270 - $1,790
Total Monthly Price
$1,270 - $1,790
1 to 2 Bedroom Apartments Available Now

Spring Park

5801 Eubank Blvd NEAlbuquerque, NM 87111
Eco-Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
close
View Me
Warren Continental
Studio to 2 Bedroom Apartments

Warren Continental

1000 Louisiana Blvd SEAlbuquerque, NM 87108
Furnished
  • Utilities Included
close
View Me
Calle Cuarta
Studio to 3 Bedroom Apartments

Calle Cuarta

3525 4th St NWAlbuquerque, NM 87107
  • Utilities Included
close
View Me
Glorieta
2 Bedroom Apartments

Glorieta

115-131 Glorieta St NEAlbuquerque, NM 87123
  • Utilities Included

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

Read Article
close
View Me
Princeton Hall Apartments
Studio to 1 Bedroom Apartments

Princeton Hall Apartments

318-320 Princeton Dr SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
Warren Park Apartments
Studio to 4 Bedroom Apartments

Warren Park Apartments

900 Continental Loop SEAlbuquerque, NM 87108
  • Utilities Included
close
View Me
Yucca House
1 Bedroom Apartments

Yucca House

1015 Valencia Dr SEAlbuquerque, NM 87108
  • Utilities Included
close
View Me
Columbian Apartments
1 to 2 Bedroom Apartments

Columbian Apartments

208 Columbia Dr SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
Casa Del Rey Sur
1 Bedroom Apartments

Casa Del Rey Sur

112 Cardenas Dr NEAlbuquerque, NM 87108
  • Utilities Included
close
View Me
Donna Ann Apartments
1 to 2 Bedroom Apartments

Donna Ann Apartments

7905-8021 Marquette Ave NEAlbuquerque, NM 87108
  • Utilities Included
close
View Me
1405 Gold Ave SE
1 to 2 Bedroom Apartments

1405 Gold Ave SE

1405 Gold Ave SEAlbuquerque, NM 87106
  • Utilities Included
close
View Me
628-636 Morris St NE
1 Bedroom Apartments

628-636 Morris St NE

628-636 Morris St NEAlbuquerque, NM 87123
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
Showing Results 1-50, Page 1 of 3

Albuquerque, NM Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

Read Article
Decorative image

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Albuquerque, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Albuquerque, NM

View Map
Albuquerque, NM Apartments Map
View Map
Albuquerque, NM Rental Homes Map

Albuquerque, NM Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 $765.

What is the price of a cheap apartment in Albuquerque?

The cheapest apartment in Albuquerque is 1516 Tijeras Ave NE which is listed at $635, while the average apartment in Albuquerque costs $1,351.

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 2,605 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 $282 which is $1,069 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

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers article

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.

decorative image for Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City article

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.

decorative image for The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

decorative image for A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.