
Cheap Apartments for Rent in Albuquerque, NM from $400 with Utilities Included (105 Rentals) Page 3 of 3
Apartments with Utilities Included.
Cheap Apartments in Albuquerque.


Ortiz Place Townhomes
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

Felician Villa I - Senior 55+

Felician Villa II - Senior 55+
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.

Trailhead at Chamizal - NOW LEASING
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 | $1,056 | $645 | $2,398 |
| Albuquerque 1 Bedroom Apartments | $1,304 | $439 | $2,548 |
| Albuquerque 2 Bedroom Apartments | $1,617 | $772 | $5,442 |
| Albuquerque 3 Bedroom Apartments | $2,082 | $985 | $3,985 |
| Albuquerque 4 Bedroom Apartments | $3,046 | $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 $750.
What is the price of a cheap apartment in Albuquerque?
The cheapest apartment in Albuquerque is Generations at West Mesa which is listed at $439, while the average apartment in Albuquerque costs $2,138.
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 5,895 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 $392 which is $1,746 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

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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.

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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.